Webster Street

Lewiston | Maine

A Statement of

Superior Style

View Photos Watch Film 360° VTour Open House

Better Homes and Gardens Real Estate The Masiello Group

Presented At

$550,000

Bathrooms

Living

11,793

SQFT

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715

Webster Street

Lewiston | Maine

715 Webster Street, Lewiston, ME 04240, Lewiston, Maine, United States. , Lewiston , Maine

Multi Family 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

Property

3D Street View Tour

Property Location

715 Webster Street, Lewiston, ME 04240, Lewiston, Maine, United States., Lewiston Maine

Local Weather & Climate

Lewiston, Maine

Current Conditions Updated recently

9 °F

Clear sky

Feels Like -4°F

Humidity 41%

Wind 9 mph

Visibility 6.2 mi

Sunrise 12:06 PM

Sunset 9:39 PM

5-Day Forecast

Sat 24 Jan

Clear

High 9°

Low 9°

Sun 25 Jan

Clouds

High 12°

Low 1°

Mon 26 Jan

Snow

High 18°

Low 10°

Tue 27 Jan

Clouds

High 16°

Low 6°

Wed 28 Jan

Clouds

High 20°

Low -2°

Data from OpenWeatherMap

Walkability & Transit Scores

How easy is it to get around Lewiston?

Walkability and transit scores for this address come from the EPA National Walkability Index.

Mortgage Calculator

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Home Price

Down Payment

$100,000

Interest Rate

Loan Term

Estimated Monthly Payment $3,160

Monthly Payment Breakdown

Principal & Interest $2,528

Loan Amount $400,000

Total Interest $337,621

Total Cost $737,621

Potential Tax Benefits (United States)

$0 Est. First Year Interest Deduction

$0 Est. Annual Tax Savings

*Based on post-2017 tax law. Actual deductions depend on filing status, itemization, and current tax laws.

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Important Information

This calculator is for illustrative purposes only and does not constitute a loan offer, pre-approval, or commitment to lend.
Monthly payment estimates do not include property taxes, homeowner's insurance, HOA fees, or other applicable costs which may significantly increase your actual payment.
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Tax benefit calculations are simplified estimates based on general assumptions for United States. Actual deductions depend on your specific tax situation, filing status, and current tax laws.
Tax Year Information: Tax data shown is based on United States tax year 2025 (fiscal year: January-December), rules effective from 2018 through 2025. Tax laws change frequently and may have been amended since this data was compiled.

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The tax benefit information displayed on this page is provided for general informational and educational purposes only. This information:

Does not constitute tax advice and should not be relied upon as such. Tax laws are complex and vary by jurisdiction, individual circumstances, and are subject to change without notice.
May not be current or accurate for your specific situation. Tax rules are updated frequently by governments, and the information shown may not reflect the most recent changes.
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Should not be used as the basis for any tax planning decisions or financial strategies without consulting a qualified tax professional licensed in your jurisdiction.

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Frequently Asked Questions

Common questions about this property

What is the size of 715 Webster Street, Lewiston, ME 04240, Lewiston, Maine, United States?

This property offers 11,793 square feet of living space.

What is the listing price for 715 Webster Street, Lewiston, ME 04240, Lewiston, Maine, United States?

This property is listed at $55,000,000, which equals $4664 per square foot.

What type of property is 715 Webster Street, Lewiston, ME 04240, Lewiston, Maine, United States?

This is a house located in Lewiston, Maine. The property is situated in an established neighborhood with convenient access to local amenities and services.