Price Reduced 3.02%

$644,900

Pending

Est. Mortgage $0/mo *

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Price History

$665,000
7/15/2025

$644,900
11/5/2025

88 Russell Street, Lewiston, ME, 04240

88 Russell Street, Lewiston, ME, 04240
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1900

5,393 sqft

Prime Investment Opportunity - 4-Unit Multi-Family + Convenience Store Near Bates College. Exceptional location just steps from Bates College! This mixed-use property features four residential units plus an on-site convenience store—perfectly positioned to serve the high-demand student and local market. Income Potential: Rents are currently below market, offering immediate upside for investors. Flexible Use: Ideal for a value-add rehab to maximize rental income—or move-in ready for owner-occupants or tenants. High Visibility: Located in a walkable neighborhood with consistent foot traffic from the college community. Student Appeal: Tap into steady demand from Bates College students, faculty, and staff. Whether you're looking to renovate for increased returns or take advantage of strong existing cash flow, this property is a rare find with unlimited potential.

Status:

Pending

Type:

Commercial

Zoning:

NCA

Heating:

Direct Vent Furnace

Cooling:

None

Basement:

Full, Unfinished

Parking:

1 - 4 Spaces, On Street

Acreage:

0.16

Est. Taxes:

$5,337

Construction

Vinyl Siding, Aluminum Siding, Wood Frame

MLS #:

1630508

Community Info

School Info

Walk Score

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Listing courtesy of Keller Williams Realty