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$540,000
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Property Description
Turnkey mixed use investment with strong rental income and a stable tenant base. The property includes a salon, title company, two room general office space, and two updated residential apartments. Basement level offers an overhead door and separate entry, creating added value for storage, vehicle space, or potential additional lease income. Plenty of off street parking, high visibility near downtown, and easy highway access make this an attractive opportunity for both tenants and investors. Well maintained and income producing, this property offers cash flow with additional upside.
Full Property Details
Full Property Details for MLS# 1655128
General
- Sold For: $540,000
- HOA FEE: $38/month
- HOA FEE FREQ.: Annually
- Taxes: $5,307 (2025)
- Status: Closed
- Type: Commercial
- Source: MREIS
- MLS ID: 1655128
- Added to Site: 110 day(s) ago
Business
- Business Type: Freestanding Building, Office Building, Commercial
Interior
- Flooring: Carpet, Laminate, Vinyl
Parking
- Parking Features: 11 - 20 Spaces, On-Site Parking, Paved
Location
- County: Kennebec
- Subdivision: Condo Association
Community
- Association: Yes
Heating & Cooling
- Cooling Type: None, Heat Pump
- Heating Type: Electric, Gas Natural, Baseboard, Direct Vent Furnace, Heat Pump, Hot Water, Zoned
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Wood Frame, Vinyl Siding
- Basement: Yes
- Basement Desc.: Walk-Out Access, Full, Unfinished
- Roof: Shingle
- Square Feet: 6,568
- Year Built: 1900
Lot Features
- Lot Size (Acres): 1.44
- Lot Size (Sq. Ft.): 62,726.4
- Zoning: CC
- Lot Description: Near Shopping
Financial Considerations
- Association Fee: $461
- Assoc Fee Freq.: Annually
- Tax Amount: $5,307
- Tax Year: 2025
Disclosures and Reports
- Lot Number: 100-1
Listed by New England Realty Group LLC (207) 714-0435
Sold by Strategic Real Estate Services (207) 485-1105
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Schools
Schools serving MLS# 1655128
School District:Waterville
| Name | Grades | Distance |
|---|---|---|
George J Mitchell School 58 Drummond Avenue, Waterville, ME 04901 | PK-3 | 0.2 mi |
Albert S Hall School 27 Pleasant Street, Waterville, ME 04901 | 4-5 | 1 mi |
Waterville Junior High School 100 West River Road, Waterville, ME 04901 | 6-8 | 2.7 mi |
Waterville Senior High School 1 Brooklyn Avenue, Waterville, ME 04901 | 9-12 | 0.9 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 MLS# 1655128
Date
Details
Price
Change
Source
6/18/2026
Sold
$540,000
-5.25%
MLS
4/21/2026
Price Reduced
$569,900
-4.86%
MLS
4/14/2026
Price Reduced
$599,000
-4.16%
MLS
3/23/2026
Listed
$625,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
MLS# 1655128, Waterville, ME 04901 (MLS# 1655128) is a Commercial property that was sold at $540,000 on June 18, 2026. Want to learn more about MLS# 1655128? 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.

