Listed By:
NextHome Experience;
Address
442 Broadway, Lincoln, ME
Price
$ 459,000
Property Attributes
  • MLS#1657473
  • TypeSingle Family
  • Listing Status Active
  • CountyPenobscot
  • CityLincoln
  • Zip04457
  • StyleColonial
  • Year Built1970
  • Taxes$ 4769
  • Price$ 459,000
  • Bedrooms2
  • Full Bathrooms3
  • Half Bathrooms1
  • Sqr Footage4596
  • Lot Size5.81 Acres
Data Source:
Maine Listings (MREIS)
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.

General Features

Sewer Private Sewer
Zoning Commercial
Electric Circuit Breakers
Tax Year 2025
County Penobscot
Property Type Residential
HOA false
Status Active
City Lincoln
Lot Size Units Acres
Lot Size Square Feet 253083.6
Tax Annual Amount 4769
Standard Status Active
Tax Lot 42
Heating Electric,Heat Pump
Cooling Heat Pump
Property Subtype Single Family Residence
Garage Y/N true
Land Lease Y/N false
Pets Allowed No Restrictions
High School District RSU 67
Roof Metal
Garage Spaces 1
Architectural Style Colonial
Construction Materials Wood Frame,Vinyl Siding
Year Built 1970
Attached Garage true
Total Rooms 12
Full Baths 3
Appliances Dryer,Electric Range,Refrigerator,Washer

Interior Features

Total Baths 4
Air Conditioning Y/N true
Heating Y/N true
Basement Not Applicable,Slab
Flooring Carpet,Vinyl,Linoleum
Fireplace Y/N false
Above Grade Finished Area 4596
Half Baths 1
Total Bedrooms 2
Interior Amenities Shower
Furnished Y/N Unfurnished
Laundry Features Upper Level

Exterior Features

Parking Features Gravel,11 - 20 Spaces
Lot Features Near Shopping,Near Town,Level,Open Lot,Wooded
Water Source Public
Lot Size Area 5.81
Lot Size Acres 5.81
Road Surface Type Paved
Lot Size Source Public Records
Waterfront Y/N false
Building Area Total 4596
Foundation Details Slab

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 04457

Statistics provided by Inside Real Estate

Price
AVG $320K
$460K
Taxes
AVG $3,902
$4,769
Year Built
AVG 2277
1970

Areas We Cover

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