2 Teakwood Knolls, Lewiston, ME 04240 (MLS # 1673918)

Price $549,900
Status Active Under Contract
Size 5,776 sqft
Lot Size 18,296 sqft
Exceptional opportunity to own a well maintained 5-bedroom group home located in a wonderful neighborhood setting with the perfect balance of privacy and convenience. Just minutes from shopping, restaurants, medical facilities, and other in-town amenities, this property is ideally situated for both residents and staff. The spacious interior features a functional floor plan with multiple entrances for added flexibility and ease of access. The home includes newer appliances, generous living spaces, and well-sized bedrooms designed to accommodate a variety of needs. A large, finished basement with a half bath and private entrance provides outstanding versatility--ideal for administrative offices, meeting space, or other professional uses, subject to local zoning and municipal approvals. Outside, a generous parking area offers ample space for staff, visitors, and service vehicles. The heating systems, central air, sprinkler system and on-demand generator have all been exceptionally maintained. Whether you're looking to continue operating as a group home (subject to applicable licensing and approvals) or seeking a spacious property with flexible use potential in a desirable residential setting, this unique offering presents an excellent investment opportunity in the Suburban Residential Zone.
Property Type(s): Commercial
Last Updated 10/3/2026 Year Built 1990
County Androscoggin

Additional Details

AIR Central Air
AIR CONDITIONING Yes
BASEMENT Daylight, Finished, Full, Walk-Out Access, Yes
CONSTRUCTION Wood Siding
HEAT Baseboard, Forced Air, Oil
INTERIOR Fire System, Generator, Security System, Sprinkler - Wet
LOT 0.42 acre(s)
LOT DIMENSIONS 0.42
MLS STATUS Active Under Contract
PARKING On Site, Paved, Off Street
SEWER Public Sewer
TAXES 10893
UTILITIES Propane
WATER Public
Listing provided by EXP Realty

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