457 Old Lewiston Road, Winthrop, ME 04364
$1,140,000
Property Type:
Commercial
Square Footage:
13,718
Lot Size (sq. ft.):
230,868
Status:
Active
Current Price:
$1,140,000
List Date:
12/18/2025
Last Modified:
1/29/2026
Description
Here is an excellent investment opportunity, a large multi-use building that has many potential uses and a nice lot size of 5.3 acres with good road frontage, ample parking and offers good expansion opportunities! Nice area, quiet and somewhat rural, close to both Augusta and Lewiston, nice grounds and garden areas. The building has over 13,000 SF of area,(with much more available space in the basement) many individual rooms and baths, a nice entry/reception area, nurses stations and multiple offices are spread around the building, a very spacious and sunny two room dining area with lots of seating capacity and 2 fire places, there is also a beauty salon. The building is very spacious with 2 levels and an elevator, (the elevator also goes down to the basement) BBHW heat along with some heat pumps, and vinyl windows. The full basement offers plenty of usable space with a laundry, kitchen, various staff offices, storage, etc., a propane generator system, a sprinkler system, city water and sewer, ramps on the outside, plenty of parking with about 60 or so spaces, (possibly more) there are 2 parking areas - one in front of the building and the other out back. A section of the building was flooded and has been remediated. Formally a 52-bed assisted living and rehabilitation center. A good candidate for redevelopment, for an apartment building, a living facility, etc., and more. Much good potential here. Some seller bridge financing may be available to qualified buyers. Call for more info.
Supplements: ********
More Information MLS# 1646929
Location Information
Street #: 457
Street Name: Old Lewiston
Street Type: Road
County: Kennebec
Town: Winthrop
State/Province: ME
Zip Code: 04364
Zip +4: 4111
Leased Land: No
Book: 15583
Page: 229-230
Map: 1
Lot: 58-E
Zoning: Mixed
Full Tax Amount $: 23745
Tax Year: 2025
Tree Growth Y/N: No
Association Y/N: No
Geo Lat: 44.287845
Geo Lon: -70.003249
Contract Information
Status: Active
Original List Price: 1290000
List Price: $1,140,000
Current Price: $1,140,000
Property Information
Primary Use: Mixed Use
Surveyed: No
Deed/Conveyance Type Offered: Quit Claim
Bank Owned REO: Yes
Year Built: 1968
Leases: No
Total # Floors: 2
SqFt Finished Total: 13718
Lot Size Acres +/-: 5.3
Utilities
Utilities On: Yes
Property Features
Location: Rural
Construction: Wood Frame
Other Structures: Shed(s)
Levels: Multi-Level
Property Uses: Freestanding Building; Other
Basement: Full; Unfinished
Foundation Materials: Block; Brick/Mortar; Granite; Other; Poured Concrete
Exterior: Other Exterior; Vinyl Siding; Wood Siding
Roof: Shingle
Heat System: Baseboard; Heat Pump; Hot Water
Heat Fuel: Gas Bottled; Oil
Cooling: Heat Pump
Floors: Laminate; Linoleum; Other; Vinyl; Wood
Building Features: Elevator Passenger; Generator; Internet Access Available; Sprinkler - Wet; Storage
Parking: 21+ Spaces; Off Site
Electric: Circuit Breakers
Gas: Bottled
Sewer: Public Sewer
Water: Public
Documents
Listing Office: Sprague & Curtis Real Estate
Last Updated: January - 29 - 2026
Broker Attribution:
jim@spragueandcurtis.com
Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. Copyright ©2022 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.
