715 Webster Street, Lewiston, ME 04240
Local realty services provided by:CENTURY 21 Barbara Patterson
Listed by: susan dube
Office: better homes & gardens real estate/the masiello group
MLS#:1582751
Source:ME_MREIS
Price summary
- Price:$550,000
- Price per sq. ft.:$46.64
About this home
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
Contact an agent
Home facts
- Year built:1975
- Listing ID #:1582751
- Updated:December 17, 2025 at 01:34 PM
Rooms and interior
- Full bathrooms:3
- Living area:11,793 sq. ft.
Heating and cooling
- Heating:Baseboard, Forced Air, Hot Water
Structure and exterior
- Year built:1975
- Building area:11,793 sq. ft.
- Lot area:1.24 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$550,000
- Price per sq. ft.:$46.64
- Tax amount:$8,239 (2022)
New listings near 715 Webster Street
- New
$445,000Active2 beds 2 baths1,748 sq. ft.381 Pond Road, Lewiston, ME 04240
MLS# 1646869Listed by: LOCATIONS REAL ESTATE GROUP LLC - New
$450,000Active-- beds 5 baths2,468 sq. ft.942 Lisbon Street, Lewiston, ME 04240
MLS# 1646778Listed by: REAL BROKER - Coming Soon
$295,000Coming Soon-- beds 2 baths15 Howe Street, Lewiston, ME 04240
MLS# 1646547Listed by: MAINE REAL ESTATE PROS - New
$349,900Active2 beds 2 baths1,040 sq. ft.295 Central Avenue, Lewiston, ME 04240
MLS# 1646443Listed by: THE MAINE REAL ESTATE EXPERIENCE - New
$325,000Active3 beds 2 baths1,120 sq. ft.31 Loring Avenue, Lewiston, ME 04240
MLS# 1646402Listed by: POULIOT REAL ESTATE - New
$199,000Active3 beds 1 baths1,067 sq. ft.75 Oak Street, Lewiston, ME 04240
MLS# 1646240Listed by: AMERICAN REAL ESTATE
$650,000Pending-- beds 6 baths4,155 sq. ft.51 & 57 College Street, Lewiston, ME 04240
MLS# 1646164Listed by: THE DOT FERNALD TEAM, INC.
$625,000Pending-- beds 6 baths9,270 sq. ft.55 Howe Street, Lewiston, ME 04240
MLS# 1646130Listed by: THE DOT FERNALD TEAM, INC.- New
$317,000Active4 beds 1 baths1,333 sq. ft.25 Shank Street, Lewiston, ME 04240
MLS# 1646127Listed by: HEARTH & KEY REALTY
$275,000Pending4 beds 3 baths2,760 sq. ft.128 Pinewoods Road, Lewiston, ME 04240
MLS# 1646115Listed by: ON POINT REALTY