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 and motivated to sell!
Active
$459,000
442 W Broadway, Lincoln, ME 04457
2beds
4,596sqft
Multi Family
Built in 1970
-- sqft lot
$-- Zestimate®
$100/sqft
$-- HOA
What's special
Abundant natural lightSpacious wooded lotThriving first-floor commercial spaceMultiple treatment roomsTwo updated apartmentsTwo residential units abovePrivate office
- 164 days
- 43
- 1
Zillow last checked:
Listing updated:
Listed by:
NextHome Experience
Source: Maine Listings,MLS#: 1657478
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Heat Pump
Cooling
- Heat Pump
Features
- Shower
- Flooring: Carpet, Vinyl, Linoleum
Interior area
- Total structure area: 4,596
- Total interior livable area: 4,596 sqft
- Finished area above ground: 4,596
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Gravel, 11 - 20 Spaces
- Attached garage spaces: 1
Lot
- Size: 5.81 Acres
- Features: Near Shopping, Near Town, Level, Open Lot, Wooded
Details
- Zoning: Commercial
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Colonial
- Property subtype: Multi Family
Materials
- Wood Frame, Vinyl Siding
- Foundation: Slab
- Roof: Metal
Condition
- Year built: 1970
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Private Sewer
- Water: Public
Community & HOA
Location
- Region: Lincoln
Financial & listing details
- Price per square foot: $100/sqft
- Annual tax amount: $4,769
- Date on market: 4/11/2026
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
$1,261/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/11/2026 | Price change | $459,000-6.1%$100/sqft |
Source: | ||
| 5/21/2026 | Price change | $489,000-2%$106/sqft |
Source: | ||
| 4/27/2026 | Price change | $499,000-5.7%$109/sqft |
Source: | ||
| 4/11/2026 | Listed for sale | $529,000$115/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment




