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$499,900
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Property Description
WELCOME TO HISTORIC DOWNTOWN SKOWHEGAN, MAINE! This is the J Palmer Merrill Building located at 48 Water Street. Invest in small town USA! This 15,000+ square foot 1908 colonial revival brick building is one of the crown jewels in all of Skowhegan. Set along the Kennebec river among cafes, shops, parks and other historic buildings, this bustling building is right in the heart of the pedestrian friendly and charming downtown area. Currently it houses a popular multi-room antiques market and gift shop. Building has three levels of spaces, a public elevator, great road frontage with plenty or public AND private parking. Head down to the codes office as there is potential to talk to the town to convert the second floor into sought after residential space. Bring your vision to Skowhegan for an outfitters, or restaurant, craft brewery, or the Maine small town destination experience of your choosing! Skowhegan, a nationally designated historic ''Main Street'' community, is a diverse four season destination known for it's outdoor activities, innovative local business support, beautiful river front area, Maine foods, and vibrant cultural scene. Whether you are an investor or want to build something new, this spectacular building in Skowhegan is the place to start. GRAB THIS NOW BEFORE THE SPINNING MILL REVITALIZATION IS COMPLETE!
Full Property Details
Full Property Details for 48 Water St
General
- Sold For: $499,900
- Taxes: $2,926 (2022)
- Status: Closed
- Type: Commercial
- Source: MREIS
- MLS ID: 1564078
- Added to Site: 930 day(s) ago
Business
- Business Type: Commercial
Interior
- Flooring: Carpet
Additional Information
- Equipment: Internet Access Available, Cable
Parking
- Parking Features: 5 - 10 Spaces
Location
- County: Somerset
Heating & Cooling
- Cooling Type: None
- Heating Type: Zoned, Hot Water, Forced Air
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Brick
- Roof: Flat, Rolled/Hot Mop
- Building Size: 16020
- Square Feet: 16,020
- Living Area: 16,020 Sq. Ft.
- Year Built: 1907
Lot Features
- Lot Size (Acres): 0.19
- Lot Size (Sq. Ft.): 8,276.4
- Zoning: Urban
- Lot Description: Business District, Near Shopping
Financial Considerations
- Tax Amount: $2,926
- Tax Year: 2022
Disclosures and Reports
- Lot Number: 125
Listed by Keller Williams Coastal and Lakes & Mountains Realty (207) 475-0999
Sold by Coldwell Banker Plourde Real Estate (207) 872-7650
Get Pre-Approved Today
Schools
Schools serving 48 Water St
School District:School Administrative District 54
| Name | Grades | Distance |
|---|---|---|
Skowhegan Area High School 61 Academy Circle, Skowhegan, ME 04976 | 9-12 | 1.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 48 Water St
Date
Details
Price
Change
Source
12/12/2025
Sold
$499,900
—
MLS
7/02/2023
Listed
$499,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
48 Water Street, Skowhegan, ME 04976 (MLS# 1564078) is a Commercial property that was sold at $499,900 on December 12, 2025. Want to learn more about 48 Water Street? Do you have questions about finding other Commercial real estate for sale in Skowhegan? You can browse all Skowhegan real estate or contact a Coldwell Banker agent to request more information.

