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Listed by Wendy Pelletier Meservier & Associates
$599,900
Est. payment /mo
5,788 SqFt
Active
520 Main ST Lewiston, ME 04240
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Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 5,788 sqft
Price per Sqft $103
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

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