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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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715 Webster St , Lewiston, ME 04240
$550,000
Est. Payment: $2,837.76/mo
0 Bed
0 Bath
11793 Sqft
Status: pending | Days on site: 857
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House 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

Highlights

Listed by Susan Dube , 207-240-2613 Better Homes & Gardens Real Estate/The Masiello Group , 207-782-8311. Maine Real Estate Information System, Inc. mls logo

Property Type

Commercial Sale

Lot/Acreage
1.24

Year Built

1975

County

Androscoggin

Listing ID

1581679

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Appliances:Internet Access Available
Air Cond:Wall/Window Unit(s),Heat Pump
Fireplaces:
Floor:Carpet,Concrete,Laminate,Tile,Vinyl
Basement:Full,Unfinished
Other:Storage
Other:Public

Exterior Features

Lot:Near Shopping,Near Turnpike/Interstate
Zoning:NCA
Roof:Membrane,Rolled/Hot Mop,Shingle
Sewer:Public Sewer
Parking Features:11 - 20 Spaces,On Site,Paved
Principal Interest
$2,838
Taxes
$687

Home Price

$550,000

Loan Details

30 yrs
6.695%

Down Payment

20%
$110,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,837.76

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,837.76 $686.58 $0.00 $3,524.35
Yearly $34,053.17 $8,239.00 $0.00 $42,292.17
Total $1,021,595.02 $247,170.00 $0.00 $1,268,765.02

Today's Rates

30 Year

6.7%

20 Year

6.21%

15 Year

6.15%

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Market insight data is pulled from the same city as the listing being viewed (Lewiston, ME).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

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. © 2026 Maine Real Estate Information System, Inc. All Rights Reserved.


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Data last updated: 2026-08-02T07:29:11.000Z

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