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Listed by Wendy Pelletier Meservier & Associates

$549,900

Est. payment - /mo

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5,788 SqFt

Active

520 Main ST Lewiston, ME 04240

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Kristen Roy

kristen@elevatemaine.com +1(207) 671-8149

UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 5,788 sqft

Price per Sqft $95

MLS Listing ID 1681781

HOA Y/N No

Year Built 1922

Tax Year 2027

Lot Size 0.410 Acres

Acres 0.41

Property Sub-Type Mixed Use

Source Maine Listings

Land Area 5788

Property Description

INVESTORS! Can you say Air BNB? HUGE housing demands make this a very appealing property. Traveling nurses, professors, residents, college visitors and more all look for housing in this location. Boarding or rooming house? 14 ROOMS, 6 BATHROOMS, 3 KITCHENS and 4 working fireplaces! It is .41 acres. Near Bates College and hospitals. Professionals have stayed here for over 20 years when it operated as a very successful Bed & Breakfast, 'The Farnham House' from 1982 until 2004. Since then, it was used for a business. Incredible details from the original cabinetry, Terrazzo floors, woodwork, built ins, even down to the iron curtain rods. This property has only changed hands a few times since built in 1922! This century old home was built with fine craftsmanship as many along Main St were. Lots of potential to make more units. A beautiful sunporch, rear porch and huge deck off the second floor. A large tree lined yard for an amazing outdoor space. A garage under the house that can fit two smaller cars tandem. Hardwood floors throughout home, even under carpets. The third floor is set up as an apartment. Second floor also has an apartment, it could be used as a one or three bedroom or adapt to have two apartments on that floor. This is a great property for your business and have rental income. Original lighting yet updated electrical. If you love history and antiques, the seller is willing to leave some original 100 yr old treasures from Mr Farnham. The dining room furniture, Empire 1929, and his desk still sits at the top of the 3rd floor. Many upgrades such as windows, vinyl siding, roof, sheetrock, electrical, new boiler, deck, fiberoptic cable in every room! Plenty of parking if you choose to operate a business. City approval for many uses. Think day spa, salon, boutique, antique shop, etc. Drs, lawyers, offices. Opportunities like this are rare with a high traffic count. so come have a look soon! City says many uses allowed, call to verify for your specific needs

Location

State ME

County Androscoggin

Zoning NCB

Rooms

Basement Walk-Out Access, Full

Interior

Interior Features Storage

Heating Oil, Radiator

Flooring Carpet, Vinyl, Other, Hardwood

Equipment Cable, Internet Access Available

Exterior

Parking Features 5 - 10 Spaces, Garage, Off Street

Roof Type Membrane,Shingle

Garage Yes

Building

Lot Description Bus Line, Near Shopping

Story 3

Foundation Poured Concrete, Brick/Mortar

Water Public

Others

Tax ID LEWI-000193-000000-000088

Nearby Locations

Please Contact Me For More Information.

+1(207) 671-8149

kristen@elevatemaine.com

211 US-1, Falmouth, ME 04105-1301, USA