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457 Old Lewiston Rd - Heritage Rehabilitation Living Center 13,718 SF Health Care Building Offered at $1,777,272 CAD in Winthrop, ME 04364

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INVESTMENT HIGHLIGHTS

  • The building has over 13,000 SF of area,(with much more available space in the basement)
  • very spacious with 2 levels and an elevator, (the elevator also goes down to the basement)
  • many individual rooms and baths, a nice entry/reception area, nurses stations and multiple offices are spread around the building

EXECUTIVE SUMMARY

Here is an excellent investment opportunity, a large multi-use building that has many potential uses and a nice lot size of 5.3 acres with good road frontage, ample parking and offers good expansion opportunities! Nice area, quiet and somewhat rural, close to both Augusta and Lewiston, nice grounds and garden areas. The building has over 13,000 SF of area,(with much more available space in the basement) many individual rooms and baths, a nice entry/reception area, nurses stations and multiple offices are spread around the building, a very spacious and sunny two room dining area with lots of seating capacity and 2 fire places, there is also a beauty salon. The building is very spacious with 2 levels and an elevator, (the elevator also goes down to the basement) BBHW heat along with some heat pumps, and vinyl windows. The full basement offers plenty of usable space with a laundry, kitchen, various staff offices, storage, etc., a propane generator system, a sprinkler system, city water and sewer, ramps on the outside, plenty of parking with about 60 or so spaces, (possibly more) there are 2 parking areas - one in front of the building and the other out back. A section of the building was flooded and has been remediated. Formally a 52-bed assisted living and rehabilitation center. A good candidate for redevelopment, for an apartment building, a living facility, etc., and more. Much good potential here. Some seller bridge financing may be available to qualified buyers. Call for more info.

PROPERTY FACTS

Price $1,777,272 CAD
Price Per Bed $34,178 CAD
Sale Type Investment
Property Type Health Care
Property Subtype Assisted Living
Building Class C
Lot Size 5.30 AC
Building Size 13,718 SF
No. Beds 52
No. Stories 2
Year Built 1968
Zoning RU

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
WINP-000001-000058-E000000
Land Assessment
$52,767 CAD
Improvements Assessment
$1,363,264 CAD
Total Assessment
$1,416,031 CAD
  • Listing ID: 38829391

  • Date on Market: 2025-12-19

  • Last Updated:

  • Address: 457 Old Lewiston Rd, Winthrop, ME 04364

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