Lewiston, ME 04240,88 Russell ST
Lewiston, ME 04240,88 Russell ST
Lewiston, ME 04240,88 Russell ST
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Listed by Keller Williams Realty
$644,900
5,393 SqFt
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UPDATED:

Key Details

Property Type Commercial Sale

Sub Type Mixed Use

Listing Status Pending

Square Footage 5,393 sqft

MLS Listing ID 1630508

HOA Y/N No

Year Built 1900

Annual Tax Amount $5,337

Tax Year 2024

Lot Size 6,969 Sqft

Acres 0.16

Property Sub-Type Mixed Use

Source Maine Listings

Land Area 5393

Property Description

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.

Location

State ME

County Androscoggin

Zoning NCA

Rooms

Basement Full, Unfinished

Interior

Heating Direct Vent Furnace

Cooling None

Flooring Vinyl, Laminate, Carpet

Exterior

Parking Features 1 - 4 Spaces, On Street

View Y/N No

Roof Type Shingle

Building

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Structure Type Vinyl Siding,Aluminum Siding,Wood Frame

Others

Energy Description Gas Natural


Read Less Info
Maine MLS (MREIS) IDX

Nearby School & Business

SCHOOLS PROPERTIES
Elementary Schools 15
  • 7

    Park Avenue Elementary School

    Public | PK - 6

  • 6

    Fairview School

    Public | PK - 6

  • 5

    Washburn School

    Public | PK - 6

  • 5

    Sherwood Heights Elementary School

    Public | PK - 6

  • 5

    Walton School

    Public | PK - 6

  • 5

    Farwell Elementary School

    Public | KG - 6

  • 3

    Martel School

    Public | KG - 6

  • 2

    Thomas J Mcmahon Elementary School

    Public | PK - 6

  • 1

    Raymond A. Geiger Elementary School

    Public | PK - 6

  • 1

    Montello School

    Public | PK - 6

  • 0

    The Renaissance School

    Private | 3 - 8

  • 0

    Margaret Murphy Center for Children-Charles

    Private | 1 - 6

  • 0

    East Auburn Community School

    Public | PK - 6

  • 0

    Governor James B Longley Elementary School

    Public | PK - 6

  • 0

    Spurwink School-Lewiston

    Private | 4 - 12

Middle Schools 3
  • 1

    Lewiston Middle School

    Public | 7 - 8

  • 0

    Androscoggin Learning & Transition Center

    Private | 7 - 12

  • 0

    Margaret Murphy Center for Children-Main

    Private | 7 - 12

High Schools 3
  • 1

    Edward Little High School

    Public | 9 - 12

  • 0

    Lewiston Regional Technology Center

    Public | 9 - 12

  • 0

    Lewiston High School

    Public | 9 - 12

School and business data provided by Attom Data.
Monet Yarnell

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