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715 Webster Street

Lewiston

$550,000

beds   ·   3 baths   ·   11,793 sqft   ·   1.24 acres   ·   taxes: $8,239   ·   MLS#: 1582751

INVESTMENT OPPORTUNITY! Incredible investment opportunity offering flexible multi-use space and a variety of income streams! This expansive property boasts over 11,000 square feet and is currently configured with two residential units—one 1-bedroom unit and one 3-bedroom unit—alongside a convenience store, a restaurant, and a bakery occupying the ground floor. Additional features include 4 individual band spaces and 3 functional commissary kitchens, all currently rented, making this an excellent opportunity for investors seeking immediate cash flow. Zoned for multiple permitted uses, the possibilities here are extensive. In addition to keeping the current layout, the property is approved for a family or small home daycare, religious facilities, home occupations, single or two-family residences, bed and breakfast operations, or accessory dwelling units, all in accordance with the flexible standards of Article XII. Whether you're looking for a live/work situation or a long-term income-generating portfolio piece, this property delivers. The lot is generous and offers development potential—build your dream home separately or expand the current structure to suit your needs. With parking in both the front and rear, there's plenty of room for customers, clients, or tenants. The location, size, and diverse capabilities make this an unmatched investment opportunity ready to support a variety of business ventures or residential lifestyles. Also listed as Commercial MLS #1581679

MORE DETAILS

Structure

  • Electric : Circuit Breakers
  • Year Built : 1975
  • Style : Other
  • Flooring : Vinyl, Tile, Laminate, Concrete, Carpet
  • Garage Spaces : 0.00
  • Roof : Membrane, Rolled/Hot Mop, Shingle
  • Basement : Interior, Full, Unfinished
  • Heating : Hot Water, Forced Air, Baseboard
  • Cooling : Wall/Window Unit(s), Heat Pump

Site

  • Water Source : Public
  • Utilities : Utilities On
  • Sewer : Public Sewer
  • Zoning : NCA
  • Road Surface Type : Paved
Listing provided by Better Homes & Gardens Real Estate/The Masiello Group

Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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Camden Real Estate participates in MREIS' Maine Internet Data Exchange (Maine IDX) program, allowing us to display other Maine IDX Participant's Listings. We have chosen, however, to limit the Listings shown on this page to only those Listings meeting the following criteria: listings in Maine only.


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© Camden Real Estate Company
43 Elm Street
Camden, Maine 04843
207.236.6171
info@camdenre.com
privacy policy
43 Elm Street Camden, Maine 04843
207.236.6171     info@camdenre.com
   
© Camden Real Estate Company
privacy policy