145-147 Main Street

Waterville, ME 04901
Baths
5
Square Ft.
9,854
$1,500,000
Step into a rare investment opportunity in the heart of Waterville—an established commercial building offering high visibility, strong traffic counts, and multiple income streams. This well-maintained property is currently home to **Waterville House of Pizza** (*business also available for sale—see MLS #1639546*) and **Soul Revival**, two long-standing tenants that benefit from excellent exposure along Main Street. The second floor features **four residential units**, providing steady rental income and versatile living options. The layout includes **two 1-bedroom apartments**, **one 3-bedroom unit**, and a **spacious 2-bedroom owner's unit overlooking Main Street**—ideal for an owner-occupant or continued use as an income-producing rental. With a prime in-town location close to Colby College, downtown revitalization, shopping, and major travel routes, this property is perfectly positioned for investors seeking both stability and growth. Whether you expand its current uses or continue operating as a mixed-use commercial hub, the possibilities here are wide open. A standout chance to own a cornerstone Waterville property with strong tenant history and exceptional potential. Opportunities like this don't come along often.
Market LogoCourtesy of Berkshire Hathaway HomeServices Northeast Real Estate 207-942-8261
Listing Snapshot
Days Online
35
Last Updated
Full Baths
5
Square Ft.
9,854
Lot Size
0.06 Acres
Year Built
1870
MLS Number
1646269
Additional Details
Property Access
Road Surface Type: "Paved"
Basement
Basement: "Interior", "Walk-Out Access", "Full"
Building
Architectural Style: "Other", Building Area Total: 9,854, Construction Materials: "Other Exterior", "Glass", "Brick", "Masonry", Number Of Units Total: 4, Year Built: 1870, 2 stories, 2 total stories
Cooling
Cooling Included, Cooling: "Other", "Heat Pump", "Central Air"
Accessibility Features
Accessibility Features: "Other Accessibilities"
Expenses
Operating Expense: $111,506
Exterior Features
Other Equipment: "Internet Access Available"
Floors
Flooring: "Other", "Concrete"
Foundation
Foundation Details: "Concrete Perimeter"
Heating
Heating: "Hot Water", "Heat Pump", "Forced Air", Heating Included
Income
Gross Income: $123,000
Interior Features
Features: "Other"
Laundry
Features: "Upper Level", "Washer Hookup"
Lot
Features: "Other Location", "Level", "Sidewalks", "Intown", "Near Shopping", "Near Turnpike/Interstate", "Near Town", "Near Public Transit", 0.06 acres, Area: 0.06, 2,614 square feet
Parking
Features: "No Driveway", "1 - 4 Spaces", "Other", "Paved", "On Street"
Property
Parcel Number: 145147mainstwaterville04910, View: "Scenic", Zoning: CA
Roof
Roof: "Membrane"
Security Features
Features: "Sprinkler"
Sewer
Sewer: "Public Sewer"
Taxes
Annual Amount: $5,994, Tax Lot: 413
Utilities
Electric: "Circuit Breakers", Water Source: "Public"
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SOurce: Home Junction
Monthly Payment
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30 Days Snapshot Of 04901
$196k
-26%
(avg) sold price
12
-55%
homes sold
39
+56%
(avg) days on market
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Fred Andrews
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Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.