442 W Broadway, Lincoln, ME 04457
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442 W Broadway, Lincoln, ME 04457
442 W Broadway, Lincoln, ME 04457
442 W Broadway, Lincoln, ME 04457
442 W Broadway, Lincoln, ME 04457
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Listed by Jaime Gilbert NextHome Experience
$ 489,000
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442 W Broadway Lincoln, ME 04457

2 Baths

4,596 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,596 sqft

Price per Sqft $106

MLS Listing ID 1657478

Full Baths 2

HOA Y/N No

Year Built 1970

Tax Year 2025

Lot Size 5.810 Acres

Acres 5.81

Source Maine Listings

Land Area 4596

Property Description

Exceptional investment opportunity with strong income potential and multiple use options. Sitting on 5.81 acres in Lincoln, Maine, this versatile property is currently configured with a thriving first-floor commercial space, and two residential units above, offering the possibility to offset expenses or generate consistent rental income. The main level is presently operated as a chiropractic office featuring multiple treatment rooms, private office, and both a full and a half bath. This space could continue as a professional setting or could be easily converted into an additional residential unit. Upstairs, you will find two updated apartments, each offering one bedroom, an open concept kitchen and living area, a full bath with laundry as well as a an attached storage room. Both units enjoy abundant natural light with an inviting atmosphere. The property also includes four storage units ready to generate additional income, along with an attached garage space ideal for vehicle, boat, or equipment storage. Behind the building is a gravel pad where a mobile home was once placed providing excellent opportunity for another mobile home or future expansion. Set on a spacious, wooded lot, the rear of the property features an old road that could be opened back up for further development or additional building lots. A large parking area provides ample space for commercial or residential use. Conveniently located near local shopping, schools and dining, this property gives you the flexibility, income potential, and room to grow making it an ideal choice for investors or owner-occupants looking to build equity while generating revenue.

Location

State ME

County Penobscot

Zoning Commercial

Direction Get off of the interstate in Lincoln. Go to the light. Take right and office is up on the left. Sign is up. GPS.

Rooms

Basement Not Applicable, Slab

Interior

Interior Features Shower

Heating Electric, Heat Pump

Cooling Heat Pump

Flooring Carpet, Vinyl, Linoleum

Furnishings Unfurnished

Laundry Upper Level

Exterior

Parking Features Gravel, 11 - 20 Spaces

Garage Spaces 1.0

Utilities Available Utilities On

Roof Type Metal

Garage Yes

Building

Lot Description Near Town, Level, Open Lot, Wooded

Foundation Slab

Water Public

Architectural Style Colonial

Schools

School District Rsu 67

Others

Tax ID LNCN-000046-000000-000042


Maine MLS (MREIS) IDX

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442 W Broadway