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About This Home
This 2-bedroom, 4-bathroom single family at 442 W Broadway in Lincoln, ME is listed for $529,000 ($115 per sqft). Built in 1970, the home offers 4,596 sqft of living space on a 5.81 acres lot.
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 offices, 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, 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.
Key Features
- Built in 1970
- 5.81 acre lot
Property Details
Amenities
Monthly Cost Estimate
$2,829/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
442 W Broadway
Lincoln, ME 04457
Features & Amenities
Interior Features
Property Details
Flooring
Construction
Heating
Cooling
Questions & Answers
This 2-bedroom, 4-bathroom single family at 442 W Broadway is listed at $529,000 ($115/sqft). The estimated monthly payment is $2,292 based on 20% down at 6.5% interest.
Key features include: Built in 1970, 5.81 acre lot. Interior Features: Shower.
This property is listed by Jaime Gilbert and can be reached at 2073431215 or jgilbert.nexthome@aol.com.














































































