715 Webster St

$550,000
Price
4
Beds
11,793 Sq. Ft.
$47 / Sq. Ft.
11,793
Sq. Ft.
$47
per Sq. Ft.

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...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
  1. Listed by Susan Dube • Better Homes & Gardens Real Estate/The Masiello Group

Property Details for 715 Webster Street

Waterfront
No
ArchitecturalStyle
Other
Garage Spaces
.00
Garage
No
Zoning
NCA
LISTING UPDATED: 12/23/2025 01:42 AM

Property Details for 715 Webster Street

StatusActive
MLS #1582751
Days on Market672
Taxes$8,239 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family
Year Built1975
Lot Size1.24 AC / 54,014 SF
CountyAndroscoggin County

Location

Listing Courtesy of Better Homes & Gardens Real Estate/The Masiello Group
Add your commute

Building Information for 715 Webster Street

Stories2Residences2Year Built1975Building Size-Lot Size1.24 AC / 54,014 SF

Payment Calculator

$3,404 per month

30 year fixed, 6.28% Interest

Principal and Interest

$2,718

Property Taxes

$687

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 715 Webster Street

Summary
Location and General Information
  • Road Surface Type: Paved
  • Zip Code: 1649
  • Directions: Webster Street towards Lisbon, property will be on the right after Alfred Plourde Parkway, before the stop sign to Pond Road
  • Town: Lewiston
  • State/Province: ME
  • Zip Code: 04240
  • County: Androscoggin
  • Geo Latitude: 44.082503
  • Geo Longitude: -70.171884
  • Tax Lot: 060
  • Site:Level: Yes
  • Site:Open: Yes
  • Location:Near Shopping: Yes
  • Location:Near Turnpike/Interstate: Yes
  • Transportation:Major Road Access: Yes
Parking
  • Parking Features: 11 - 20 Spaces, Paved, On Site
  • Attached Garage: No
Taxes and HOA Information
  • Tax Book Number: 9942
  • Tax Map Number: 123
  • Tax Year: 2022
  • Parcel Number: LEWI-000123-000000-000060
  • Location Information:Association Y/N: No
  • Tax Annual Amount: $8,239.00
  • Restrictions:No Restrictions: Yes
School Information
  • School District: Lewiston Public Schools
Virtual Tour
Property
Heating and Cooling
  • Water Heater:Electric: Yes
  • Water Heater:Off Heating System: Yes
Lot Information
  • SqFt Finished Below Grade: 0.0
  • SqFt Finished Above Grade: 11793.0
  • Lot Size Acres: 1.24
  • Source of Acreage: Public Records
  • Building Area Total: 11793.0
  • Lot Size Area: 1.24
  • Lot Size Units: Acres
  • Lot Size Square Feet: 54014.4
  • Bathrooms Full: 3
  • Bathrooms Half: 0
  • Street Number: 715
  • Property Information:Surveyed: No
  • Property Information:Seasonal: No
  • Property Information:Owner Occupied: Yes
  • Property Information:Deed/Conveyance Type Offered: Warranty
  • Property Information:Deed: All
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Total Half Baths: .00
  • Property Information:Color: Tan
  • Property Information:Source of Road Frontage: Public Records
Parking
  • Driveway:Paved: Yes
Property and Assessments
  • Leased Land: No
  • Property Type: Multi-Family
  • Property Type Label: Multi-Family
  • Year Built: 1975
Utilities
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public
  • Other Equipment: Internet Access Available
  • Utilities:Utilities On: Yes
  • Gas:Bottled: Yes
Interior and Exterior Features
Exterior Features
  • Construction Materials: Wood Siding, Concrete, Block, Wood Frame
  • Vehicle Storage:No Vehicle Storage: Yes
  • Roof: Membrane, Rolled/Hot Mop, Shingle
Interior Features
  • Basement: Interior, Full, Unfinished
  • Flooring: Vinyl, Tile, Laminate, Concrete, Carpet
  • Interior Features: Bathtub, Shower, Storage
  • Cooling: Wall/Window Unit(s), Heat Pump
  • Heating: Hot Water, Forced Air, Baseboard
  • Foundation Details: Block, Concrete Perimeter
  • Accessibility Features: Level Entry
  • Laundry Features: Upper Level
  • # Stories: 2
  • # Floors: 2
  • Bathrooms Total (Integer): 3
  • Bathrooms Total (Decimal): 3.00
  • Bathrooms Total (Notational): 3.00
  • Cooling YN: Yes
  • Heating YN: Yes
Multi Family
Income & Expenses Information
  • Gross Income: $39,325.00
  • Operating Expenses: $36,704.00
Multi-Family Information
  • Number of Units: 2
  • Building Info:# Stories: 2
  • Building Info:# Floors: 2
  • Building Info:# Heating Units: 1
  • Building Info:# Water Heaters: 1
Unit 1
  • Unit 1:Lease: No
  • Unit 1:Level: Second
  • Unit 1:Security Deposit: No
  • Unit 1:Monthly Rent: $875.00
  • Unit 1:# Full Baths: 2.00
  • Unit 1:# of Half Baths: .00
  • Unit 1:# of Rooms: 3.00
  • Unit 1:# of Bedrooms: 1.00
  • Unit 1:Dedicated Electric Meter: No
  • Unit 1:Dedicated Gas Meter: No
  • Unit 1:Dedicated Water Heater: No
  • Unit 1:Electric: Yes
  • Unit 1:Heat: Yes
  • Unit 1:Range: Yes
  • Unit 1:Refrigerator: Yes
  • Unit 1:Sewer: Yes
  • Unit 1:Water: Yes
Unit 2
  • Unit 2:Lease: Yes
  • Unit 2:Level: Second
  • Unit 2:Security Deposit: No
  • Unit 2:Monthly Rent: $.00
  • Unit 2:# Full Baths: 1.00
  • Unit 2:# Half Baths: .00
  • Unit 2:# of Rooms: 6.00
  • Unit 2:# of Bedrooms: 3.00
  • Unit 2:Dedicated Electric Meter: Yes
  • Unit 2:Dedicated Gas Meter: No
  • Unit 2:Dedicated Water Heater: Yes
  • Unit 2:Electric: Yes
  • Unit 2:Heat: Yes
  • Unit 2:Range: Yes
  • Unit 2:Refrigerator: Yes
  • Unit 2:Sewer: Yes
  • Unit 2:Water: Yes
Unit 3
  • Unit 3:Range: Yes
  • Unit 3:Sewer: Yes
Unit Information
  • Units:# of 1 BD Units: 1
  • Units:# of 2 BD Units: 0
  • Units:# of 3 BD Units: 1
  • Units:# of 4+ BD Units: 0

Property History for 715 Webster Street

DateEvent & SourcePriceAppreciation
Sep 15, 2025

Price Change

Maine Listings #1581679

$550,000
Sep 15, 2025

Price Change

Maine Listings #1582751

$550,000
Apr 16, 2025

Price Change

Maine Listings #1581679

$650,000
Apr 16, 2025

Price Change

Maine Listings #1582751

$650,000
Oct 31, 2024

Price Change

Maine Listings #1581679

$695,000
Oct 31, 2024

Price Change

Maine Listings #1582751

$695,000
Jan 31, 2024

Listed (Active)

Maine Listings #1582751

$750,000
Jan 31, 2024

Listed (Active)

Maine Listings #1581679

$750,000
Jul 23, 2015

Sold

Maine Listings #1149545

$179,000
May 19, 2015

Pending

Maine Listings #1149545

May 11, 2015

Active Under Contract

Maine Listings #1149545

Aug 1, 2014

Listed (Active)

Maine Listings #1149545

$249,900
Jul 31, 2014

Expired

Maine Listings #1101272

$249,900
Jul 3, 2013

Listed (Active)

Maine Listings #1101272

$275,000
DateEvent & SourcePrice
09/15/2025

Price Change

Maine Listings #1581679

$550,000
09/15/2025

Price Change

Maine Listings #1582751

$550,000
04/16/2025

Price Change

Maine Listings #1581679

$650,000
04/16/2025

Price Change

Maine Listings #1582751

$650,000
10/31/2024

Price Change

Maine Listings #1581679

$695,000
10/31/2024

Price Change

Maine Listings #1582751

$695,000
01/31/2024

Listed (Active)

Maine Listings #1582751

$750,000
01/31/2024

Listed (Active)

Maine Listings #1581679

$750,000
07/23/2015

Sold

Maine Listings #1149545

$179,000
05/19/2015

Pending

Maine Listings #1149545

05/11/2015

Active Under Contract

Maine Listings #1149545

08/01/2014

Listed (Active)

Maine Listings #1149545

$249,900
07/31/2014

Expired

Maine Listings #1101272

$249,900
07/03/2013

Listed (Active)

Maine Listings #1101272

$275,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 715 Webster Street

Taxable ValueLand$45,800Additions$243,280Total$289,080
Tax Record2025$9,476 ($790 / month)
Home Facts
Total Finished SqFt11,793 SqFtAbove Grade Finished SqFt11,793 SqFtLot Size54,014 SqFtStyleOffice BuildingYear Built1975CountyANDROSCOGGINAPNLEWI M:123 L:060

Schools near 715 Webster Street

This home is within Lewiston Public Schools.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - PK to 6
Rating
School
Distance
Martel School
PublicK to 6

Lewiston Middle School
Public7 to 8

Lewiston High School
Public9 to 12

Robert V. Connors Elementary School
PublicPK to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

715 Webster Street is a multi-family home for sale in Lewiston, ME 04240. This property was listed for sale on January 31, 2024 by Better Homes & Gardens Real Estate/The Masiello Group, it's currently listed at $550,000. It has been on the market for a total of 672 days and was last sold on July 23, 2015. This listing's school district is Lewiston Public Schools. Nearby schools include Martel School, Lewiston Middle School and Lewiston High School. 715 Webster Street is a 4-bed, 3-bath, 11,793 sqft multi-family home built in 1975.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Better Homes & Gardens Real Estate/The Masiello Group

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2022 Maine Real Estate Information System, Inc. All Rights Reserved.