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337 Lisbon Street, Lewiston, ME, 04240

1beds
1baths
4,037sqft
$224,995
$56price/sqft
$2,026/moest. monthly cost
$81,040/yrincome needed

About This Home

Don't Miss Out On This One! Excellent mixed-use structure, attractively priced, featuring a commercial storefront on the ground floor and two fully rented units above. Situated in the business district of Lewiston, this is an opportunity you do not want to overlook! Whether for a restaurant or a coffee shop, the possibilities are limitless; the hood system is currently disconnected but can be reactivated. Operate your business on the ground floor while earning rental income from the upper units.

Getting Around

84
WalkingVery Walkable
0
TransitVery Limited Transit
0
BikeNot Bike Friendly

Schools

1/10
Montello SchoolGrades PK-61.9 mi
1/10
Lewiston Middle SchoolGrades 7-80.9 mi
2/10
Lewiston High SchoolGrades 9-120.8 mi

Construction

Condition

  • Year built: 1891

Materials

  • Foundation: Brick/Mortar
  • Roof: Shingle
  • Construction materials: Wood Frame,Vinyl Siding,Wood Siding

Type & Style

  • Home type: MultiFamily
  • Architectural style: Other
  • Property subType: Multi Family

Interior

Basement

  • Has basement: Yes
  • Basement: Interior Entry,Full,Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Flooring: Laminate,Vinyl
  • Finished area below ground: 0
  • Finished area above ground: 4,037

Heating & Cooling

  • Heating features: Steam
  • Cooling features: None

Interior Area

  • Total structure area: 4,037
  • Total interior livable area: 4,037 sqft

Property

Details

  • Zoning: CV

Lot

  • Lot size: 2,613 sqft
  • Features: Business District,Sidewalks

Parking

  • Parking features: Other,Off Site,On Street
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Ice Storm
    Ice StormRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Hurricane
    HurricaneModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Ice Storm
Winter Weather
Hurricane
Lightning

FEMA Declared Disasters Across Maine Counties

Flood
Hurricane
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,137$13,644
Home Insurance $80$960
Property Taxes $223$2,676
Electricity $586$7,041
Total$2,026$24,312

Income You'd Need if You Spent...

35% on housing$69,462/yr
40% on housing$60,780/yr
45% on housing$54,026/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.5%
10.5%
0%30.0%
Electricity Growth Rate10-year average: 7.7%
7.7%
0%15.0%
Property Taxes Growth Rate2-year average: -2.1%
-2.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$56This listing

vs Other Active Listings

Avg $/sqft

ZIP 04240$158
Androscoggin County$177

vs Homes Sold Last Month

Median $/sqft

ZIP 04240$195
Androscoggin County$196

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-24Price change$224,995
2026-03-09Price change$234,995
2026-03-07Listed for sale$249,995

For Sale by Agent

AgentShivam Kumar
BrokerageRockstar Real Estate

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