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$529,000 Just Listed
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Property 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.
Full Property Details
Full Property Details for 442 W Broadway
General
- Price: $529,000
- Taxes: $4,769 (2025)
- Status: Active
- Type: Commercial
- Source: MREIS
- MLS ID: 1657477
- Updated: 4/11/2026
- Added to Site: 1 day(s) ago
Business
- Business Type: Commercial, Office Building, Retail, Self Storage, Fle
Interior
- Flooring: Vinyl, Carpet
Parking
- Parking Features: 11 - 20 Spaces
Location
- County: Penobscot
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Heat Pump
- Heating Type: Heat Pump
Utilities
- Sewer: Private Sewer
- Water: Public
Structural Information
- Construction: Vinyl Siding, Wood Frame
- Roof: Metal
- Stories/Levels: 0
- Building Size: 4596
- Square Feet: 4,596
- Living Area: 4,596 Sq. Ft.
- Year Built: 1970
Lot Features
- Lot Size (Acres): 5.81
- Lot Size (Sq. Ft.): 253,083.6
- Zoning: Commercial
- Lot Description: Near Shopping
Financial Considerations
- Tax Amount: $4,769
- Tax Year: 2025
Disclosures and Reports
- Lot Number: 42
Listed by NextHome Experience (207) 573-7400
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Schools
Schools serving 442 W Broadway
School District:Regional School Unit 67
| Name | Grades | Distance |
|---|---|---|
Mattanawcook Academy 33 Reed Drive, Lincoln, ME 04457 | 9-12 | 3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 442 W Broadway
Date
Details
Price
Change
Source
4/11/2026
Listed
$529,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 442 W Broadway
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,769
10%
$274,100
30%
2024
$4,336
7%
$210,500
33%
2023
$4,069
17%
$158,200
—
2022
$3,480
18%
$158,200
—
2021
$2,958
—
$158,200
15%
2020
$2,964
-6%
$137,200
—
2019
$3,169
18%
$137,200
18%
2018
$2,687
12%
$116,300
10%
2017
$2,393
1%
$106,100
—
2016
$2,370
25%
$106,100
25%
2015
$1,889
-1%
$85,100
—
2014
$1,906
-2%
$85,100
—
2013
$1,954
—
$85,100
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 442 W Broadway
442 W Broadway, Lincoln, ME 04457 (MLS# 1657477) is a Commercial property. 442 W Broadway is currently listed for $529,000 and was received on April 11, 2026. Want to learn more about 442 W Broadway? Do you have questions about finding other Commercial real estate for sale in Lincoln? You can browse all Lincoln real estate or contact a Coldwell Banker agent to request more information.

