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$299,000 Just Listed
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Property Description
Located on Main Street in the center of downtown Waterville, 225 Main Street offers a versatile investment opportunity with both commercial and residential income potential. The street-level commercial space benefits from strong visibility, steady foot traffic, and an established in-town presence. Above, you'll find a vacant residential unit ready for occupancy or lease -- providing immediate upside for investors or the opportunity for an owner-occupant to live above their business. This property is ideal for investors seeking a mixed-use addition to their portfolio, entrepreneurs looking to control their operating space, or buyers looking to capitalize on Waterville's continued downtown growth and revitalization. Convenient to restaurants, shops, and local amenities, this is a rare opportunity to secure a Main Street property at an exceptional value.
Full Property Details
Full Property Details for 225 Main St
General
- Price: $299,000
- Taxes: $4,133 (2025)
- Status: Active
- Type: Commercial
- Source: MREIS
- MLS ID: 1653087
- Updated: 3/2/2026
- Added to Site: 1 day(s) ago
Business
- Business Type: Commercial, Other
Interior
- Flooring: Tile, Laminate, Carpet
Parking
- Parking Features: On-Site Parking, Paved
Location
- County: Kennebec
Heating & Cooling
- Cooling Type: None, Heat Pump
- Heating Type: Hot Water, Heat Pump, Baseboard
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Composition, Wood Frame
- Roof: Shingle
- Stories/Levels: 2
- Building Size: 3398
- Square Feet: 3,398
- Living Area: 3,398 Sq. Ft.
- Year Built: 1890
Lot Features
- Lot Size (Acres): 0.23
- Lot Size (Sq. Ft.): 10,018.8
- Zoning: CA
- Lot Description: Near Shopping
Financial Considerations
- Tax Amount: $4,133
- Tax Year: 2025
Disclosures and Reports
- Lot Number: 333
Listed by NextHome Experience (207) 573-7400
Get Pre-Approved Today
Schools
Schools serving 225 Main St
School District:Waterville
| Name | Grades | Distance |
|---|---|---|
Albert S Hall School 27 Pleasant Street, Waterville, ME 04901 | 4-5 | 0.4 mi |
George J Mitchell School 58 Drummond Avenue, Waterville, ME 04901 | PK-3 | 0.8 mi |
Waterville Junior High School 100 West River Road, Waterville, ME 04901 | 6-8 | 2.3 mi |
Waterville Senior High School 1 Brooklyn Avenue, Waterville, ME 04901 | 9-12 | 0.6 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 225 Main St
Date
Details
Price
Change
Source
3/02/2026
Listed
$299,000
—
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 225 Main St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,133
58%
$243,100
86%
2024
$2,612
1%
$130,600
—
2023
$2,599
25%
$130,600
62%
2022
$2,084
1%
$80,600
—
2021
$2,055
-1%
$80,600
—
2019
$2,076
2%
$80,600
—
2018
$2,037
8%
$80,600
—
2017
$1,880
2%
$80,600
—
2016
$1,838
-19%
$80,600
-2%
2015
$2,280
1%
$82,000
—
2014
$2,247
100%
$82,000
-46%
2013
—
$152,800
—
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 225 Main St
225 Main Street, Waterville, ME 04901 (MLS# 1653087) is a Commercial property. 225 Main Street is currently listed for $299,000 and was received on March 02, 2026. Want to learn more about 225 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.

