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$1,300,000 Just Listed
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Property Description
Exceptional mixed-use investment opportunity in the heart of Waterville offering immediate income, long-term upside, and outstanding visibility on one of the city's busiest commercial corridors. This well-maintained property features multiple income streams, making it an excellent addition to any investment portfolio. The commercial level is home to **Waterville House of Pizza** and **Soul Revival**, two established tenants that benefit from excellent Main Street exposure and consistent traffic. Above the commercial space are **four residential units**, creating additional rental income. The residential layout includes **two 1-bedroom apartments, one 3-bedroom apartment, and a spacious 2-bedroom owner's unit overlooking Main Street**, offering flexibility for an owner-occupant, on-site management, or another income-producing rental. Located just minutes from Colby College, downtown Waterville, shopping, healthcare, and major travel routes, this property is positioned to benefit from the city's continued revitalization and economic growth. Investors will appreciate the combination of commercial and residential income, established tenancy, and opportunities to increase future returns. Whether you're looking for a turnkey investment with diversified revenue, a property with value-add potential, or a cornerstone asset in a growing market, this building delivers. **Possible owner financing is available to qualified buyers**, providing added flexibility and making this an even more attractive investment opportunity. Properties offering this combination of location, income potential, flexibility, and financing options are rarely available. Don't miss the opportunity to own a prominent mixed-use property in one of central Maine's most active and evolving downtown markets.
Full Property Details
Full Property Details for 145-147 Main St
General
- Price: $1,300,000
- Taxes: $5,994 (25)
- Status: Active
- Type: Commercial
- Source: MREIS
- MLS ID: 1646261
- Updated: 7/11/2026
- Added to Site: 2 day(s) ago
Business
- Business Type: Office Building, Commercial, Restaurant, Retail, Other
Interior
- Flooring: Concrete, Other
Additional Information
- Equipment: Internet Access Available
Parking
- Parking Features: Other Parking, Paved, On Street
Location
- County: Kennebec
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air Conditioning, Other, Heat Pump
- Heating Type: Electric, Gas Bottled, Forced Air, Heat Pump, Hot Water
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Masonry, Brick, Glass
- Basement: Yes
- Basement Desc.: Walk-Out Access, Full
- Roof: Membrane
- Stories/Levels: 2
- Square Feet: 9,854
- Year Built: 1870
Lot Features
- Lot Size (Acres): 0.06
- Lot Size (Sq. Ft.): 2,613.6
- Zoning: CA
- Lot Description: Downtown, Near Shopping, Near Turnpike/Interstate, Public Transport Access
Financial Considerations
- Tax Amount: $5,994
- Tax Year: 25
Disclosures and Reports
- Lot Number: 413
Listed by Berkshire Hathaway HomeServices Northeast Real Estate (207) 942-8261
Get Pre-Approved Today
Schools
Schools serving 145-147 Main St
School District:Waterville
| Name | Grades | Distance |
|---|---|---|
Albert S Hall School 27 Pleasant Street, Waterville, ME 04901 | 4-5 | 0.3 mi |
George J Mitchell School 58 Drummond Avenue, Waterville, ME 04901 | PK-3 | 1.1 mi |
Waterville Junior High School 100 West River Road, Waterville, ME 04901 | 6-8 | 2.1 mi |
Waterville Senior High School 1 Brooklyn Avenue, Waterville, ME 04901 | 9-12 | 0.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 145-147 Main St
Date
Details
Price
Change
Source
1/26/2026
Price Reduced
$1,300,000
-13.33%
MLS
1/11/2026
Price Increased
$1,500,000
30.43%
MLS
12/11/2025
Listed
$1,150,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 145-147 Main St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,994
43%
$352,600
68%
2024
$4,196
1%
$209,800
—
2023
$4,175
20%
$209,800
56%
2022
$3,487
19%
$134,900
17%
2021
$2,940
-1%
$115,300
—
2020
$2,970
—
$115,300
—
2019
$2,970
2%
$115,300
—
2018
$2,914
8%
$115,300
—
2017
$2,690
2%
$115,300
—
2016
$2,629
-29%
$115,300
-13%
2015
$3,697
1%
$133,000
—
2014
$3,644
-10%
$133,000
-10%
2013
$4,044
—
$147,600
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 145-147 Main St
145-147 Main Street, Waterville, ME 04901 (MLS# 1646261) is a Commercial property. 145-147 Main Street is currently listed for $1,300,000 and was received on July 12, 2026. Want to learn more about 145-147 Main Street? Do you have questions about finding other Commercial real estate for sale in Waterville? You can browse all Waterville real estate or contact a Coldwell Banker agent to request more information.

