442 W Broadway, Lincoln, ME 04457

New Listing
$529,000
Property Type: Multi-Family Baths: 2 Square Footage: 4,596 Lot Size (sq. ft.): 253,084 Status: Active
Current Price: $529,000 List Date: 4/11/2026 Last Modified: 4/11/2026

Description

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.

Supplements: ********

More Information MLS# 1657478

Location Information

Street #: 442 Pre Direction: W Street Name: Broadway County: Penobscot Town: Lincoln State/Province: ME Zip Code: 04457 Zip +4: 4111 Leased Land: No Book: 17093 Page: 304 Map: 46 Lot: 42 Zoning: Commercial Zoning Overlay: Unknown Association: No School District: RSU 67 Full Tax Amount $: 4769 Tax Year: 2025 Tree Growth Y/N: No Geo Lat: 45.349621 Geo Lon: -68.542387

Contract Information

Status: Active Original List Price: 529000 List Price: $529,000 Current Price: $529,000

Property Information

Surveyed: Unknown Seasonal: No Deed/Conveyance Type Offered: Trustee Deed: All Number of Units: 2 Total Baths: 2 Total Full Baths: 2 Color: White Year Built: 1970 SqFt Finished Above Grade: 4596 SqFt Finished Total: 4596 SqFt Source: Seller Furniture: Unfurnished Garage: Yes Garage Spaces: 1 Lot Size Acres +/-: 5.81 Source of Acreage: Public Records

Water Info

Water Frontage: No Water View: No

Units

# of 1 BD Units: 2

Unit 1

Lease: No Level: Second Security Deposit: No Monthly Rent: 1000 # Full Baths: 1 # of Rooms: 2 # of Bedrooms: 1 Dedicated Electric Meter: Yes Dedicated Gas Meter: No Dedicated Water Heater: No Electric: No Heat: No Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Unit 2

Lease: No Level: Second Security Deposit: No Monthly Rent: 1200 # Full Baths: 1 # of Rooms: 2 # of Bedrooms: 1 Dedicated Electric Meter: Yes Dedicated Gas Meter: No Dedicated Water Heater: No Electric: No Heat: No Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Vehicle Storage

Attached: 1

Utilities

Utilities On: Yes

Property Features

Site: Level; Open; Wooded Location: Near Shopping; Near Town Roads: Paved; Public Style: Colonial Construction: Wood Frame Basement: Slab Basement Entry: Not Applicable Foundation Materials: Slab Exterior: Vinyl Siding Roof: Metal Heat System: Heat Pump Water Heater: Electric Cooling: Heat Pump Floors: Carpet; Linoleum; Vinyl Amenities: Laundry - 2nd Floor; Shower Driveway: Gravel Parking: 11 - 20 Spaces Vehicle Storage: 1 Car Restrictions: No Restrictions Electric: Circuit Breakers Gas: No Gas Sewer: Private Sewer Water: Public
Listing Office: NextHome Experience
Last Updated: April - 11 - 2026
442 W Broadway, Lincoln, ME 04457- MLS# 1657478
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