Skip to content
Bean Group
Offered at $399,000Active
beds
2
baths
4
sq ft
4,596
Built
1970

442 W Broadway

Lincoln, ME 04457

About this home

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.

Listing last checked: Listing updated:

Listed by Listing Agent · NextHome Experience · MLS #1657473

Request property information

Select a document to start a request. You can add others in the form. Availability varies.

Details at a glance

Interior5 property facts
Rooms
12
Heating
Electric, Heat Pump
Cooling
Heat Pump
Flooring
Carpet, Vinyl, Linoleum
Fireplaces
0
Building5 property facts
Style
Single Family Residence
Year built
1970
Garage
1
Foundation
Slab
Roof
Metal
Land & utilities4 property facts
Lot size
5.81 acres
Water
Public
Sewer
Private Sewer
Zoning
Commercial
Financial2 property facts
Annual taxes
$4,769
Assessment year
2025

Location

Estimated monthly cost

Explore costs at the $399,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$2,415 / monthAdjust
Principal & interest
$2,018
Property tax
$397
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $4,769. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.

Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.

The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.

Explore more of Lincoln

Continue your search in Lincoln.

Need help making sense of this home?

About 442 W Broadway

Can I request a private showing?

Request a tour of 442 W Broadway and a Bean Group agent will help coordinate an available time with the listing side.

Can you help me evaluate this property?

Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

Are property documents available?

Availability varies by property and source. Request the documents you need and we will help obtain what is available.