Yes it is, but the found structure has no physical meaning in general.
As a matter of fact, as a general result on differentiable (paracompact) manifolds, every smooth manifold $M$ (without a preferred metric) can be equipped with a smooth Riemannian metric $h$. Next, assuming $M$ is connected, you can define a distance on $M$ whose metric topology is the initial topology on $M$, so that $M$ is homeomorphic to a metric space $(M,d)$, the homeomorphism being the identity map. This distance $d(p,q)$ is nothing but the $\inf$ of the lengths of the smooth paths joining $p$ and $q$ in $M$ computed with respect to $h$:
$$d(p,q) := \inf\left\{ \left.\int_\gamma \sqrt{h(\dot{\gamma},\dot{\gamma}) }ds \:\right|\gamma \in C^\infty([a,b]; M)\:, \gamma(a)=p\:,\gamma(b)=q \right\}\:.$$
If $(M,g)$ is a time-orientable smooth Lorentzian manifold, there is an even shorter way to construct a (smooth) Riemannian metric $h$ on $M$. If $T$ is an everywhere defined timelike smooth vector field on $(M,g)$ (it exists because the manifold is time orientable) where $g$ is the (smooth) Lorentzian metric, a Riemanniam metric can be defined as
$$h(X,Y):= g(X,Y) - \frac{2g(T,X)g(T,Y)}{g(T,T)}\:.$$
Indeed, $h$ is smooth by construction. Next for any $p\in T_pM$ refer to a $g$-pseudo orthonormal basis of $T_pM$, $e_0,...,e_{n-1}$, with $T$ parallel to $e_0$. Here, $X=X_p^\mu e_\mu, Y=Y_p^\nu e_\nu \in T_pM$ and the definition above yields, point by point,
$$h_p(X,Y)= X^0_pY_p^0 +\sum_{a=1}^{n-1}X_p^aY_p^a$$
which is evidently a positive metric.