Address
442 Broadway, Lincoln, ME
Price
$ 459,000
Property Attributes
- MLS#1657477
- TypeCommercial
- Listing Status Active
- CountyPenobscot
- CityLincoln
- Zip04457
- Style
- Year Built1970
- Taxes$ 4769
- Price$ 459,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- 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. Seller is a semi-retiring chiropractor who is motivated to sell!
General Features
| Sewer | Private Sewer |
|---|---|
| Zoning | Commercial |
| Electric | Circuit Breakers |
| Tax Year | 2025 |
| County | Penobscot |
| Property Type | Commercial Sale |
| 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 | General Commercial |
| Business Type | Office Building,Commercial,Retail,Self Storage,Flex |
| Land Lease Y/N | false |
| Roof | Metal |
| Construction Materials | Wood Frame,Vinyl Siding |
| Year Built | 1970 |
Interior Features
| Air Conditioning Y/N | true |
|---|---|
| Heating Y/N | true |
| Basement | Slab |
| Flooring | Carpet,Vinyl,Linoleum |
Exterior Features
| Parking Features | 11 - 20 Spaces |
|---|---|
| Lot Features | Near Shopping |
| Water Source | Public |
| Lot Size Area | 5.81 |
| Lot Size Acres | 5.81 |
| 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 Commercial Average in 04457
Statistics provided by Inside Real Estate
Price
Taxes
Year Built
Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, non commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified ©2026 Maine Real Estate Information System, Inc. All Rights Reserved.
