715 Webster Street Lewiston, ME 04240
Listing Courtesy of: MLS LogoMAINE LISTINGS - IDX

  715 Webster Street Lewiston, ME 04240

Pending
$550,000 (USD)
11,793
SQFT

Description

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.

LEASE OPTION FOR BAKERY, CONVENIENCE STORE, RESTAURANT AND DINING ROOM INCLUDING COLD AND DRY STORAGE $3,000 PER MONTH PLUS UTILITIES

Also listed as MLS 1582751

MLS #:
1581679
Taxes
$8,239(2022)
Lot Size
1.24 acres
Type
Commerical
Year Built
1975
County
Androscoggin County

Listed By

Susan Dube, Better Homes And Gardens Real Estate The Masiello Group
Source
MAINE LISTINGS - IDX
Last checked Jun 12 2026 at 10:28 PM GMT+0000
Bathroom Details
Interior Features
  • Storage
Lot Information
  • Near Shopping
  • Near Turnpike/Interstate
Property Features
  • Foundation: Poured Concrete
  • Foundation: Block
Heating and Cooling
  • Hot Water
  • Forced Air
  • Baseboard
  • Oil
  • Heat Pump
  • Wall/Window Unit(s)
Basement Information
  • Full
  • Unfinished
Flooring
  • Carpet
  • Vinyl
  • Laminate
  • Tile
  • Concrete
Exterior Features
  • Roof: Shingle
  • Roof: Membrane
  • Roof: Rolled/Hot Mop
Utility Information
  • Sewer: Public Sewer
Parking
  • Paved
  • 11 - 20 Spaces
  • On Site
Location
   
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Disclaimer: Listing data is derived in whole or in part from the Maine IDX and is for the consumers personal, noncommercial use only. Dimensions are approximate and are not guaranteed. All data should be independently verified. © 2026 Maine Real Estate Information System, Inc. All Rights Reserved