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$559,900 Just Listed

  • For Sale
  • Active
  • Commercial
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Major renovations completed in 2020 make this a turnkey investment with no significant deferred maintenance concerns for years to come. The first floor offers a retail space on Main Street with excellent visibility, while the fully furnished second and third floor apartments have been successfully operated as short term rentals with strong demand, a proven track record, and future bookings already extending into 2027. Considered a guest favorite on Airbnb with seventeen 5 star reviews. Located across from the Opera House and just minutes from Colby College and Thomas College, this ideally situated property appeals to visitors, college parents, and downtown guests alike. Set in the heart of Waterville's expanding downtown, this is a strong mixed use investment opportunity with multiple income streams.

Full Property Details for MLS# 1655152

General

  • Price: $559,900
  • Taxes: $3,675 (2025)
  • Status: Active
  • Type: Commercial
  • Source: MREIS
  • MLS ID: 1655152
  • Updated: 3/23/2026
  • Added to Site: 2 day(s) ago

Business

  • Business Type: Retail, Other

Interior

  • Flooring: Laminate, Carpet

Parking

  • Parking Features: On Street

Location

  • County: Kennebec

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Heat Pump
  • Heating Type: Hot Water, Heat Pump, Baseboard

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Construction: Brick, Masonry
  • Roof: Membrane, Rolled/Hot Mop
  • Building Size: 4552
  • Square Feet: 4,552
  • Living Area: 4,552 Sq. Ft.
  • Year Built: 1900
  • Other Struct. Feat.: Fire System

Lot Features

  • Lot Size (Acres): 0.03
  • Lot Size (Sq. Ft.): 1,306.8
  • Zoning: CA
  • Lot Description: Downtown, Near Shopping

Financial Considerations

  • Tax Amount: $3,675
  • Tax Year: 2025

Disclosures and Reports

  • Lot Number: 167

Listed by New England Realty Group LLC (207) 289-2336

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Listing agent

— MLS# 1655152 —

  • New England Realty Group LLC

    207-289-2336

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NMLS#: 1598647

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with our affiliated lender
NMLS#: 1598647

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Price & Sales History for MLS# 1655152 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/23/2026
Listed
$559,900
—
MLS
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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by New England Realty Group LLC (207) 289-2336

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MLS# 1655152, Waterville, ME 04901 (MLS# 1655152) is a Commercial property. MLS# 1655152 is currently listed for $559,900 and was received on March 23, 2026. Want to learn more about MLS# 1655152? 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.

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