145-147 Main Street, Waterville, ME 04901

$1,500,000
Property Type: Commercial Square Footage: 9,854 Lot Size (sq. ft.): 2,614 Status: Active
Current Price: $1,500,000 List Date: 12/11/2025 Last Modified: 1/11/2026

Description

Step into a rare investment opportunity in the heart of Waterville—an established commercial building offering high visibility, strong traffic counts, and multiple income streams. This well-maintained property is currently home to **Waterville House of Pizza** (*business also available for sale—see MLS #1639546*) and **Soul Revival**, two long-standing tenants that benefit from excellent exposure along Main Street. The second floor features **four residential units**, providing steady rental income and versatile living options. The layout includes **two 1-bedroom apartments**, **one 3-bedroom unit**, and a **spacious 2-bedroom owner's unit overlooking Main Street**—ideal for an owner-occupant or continued use as an income-producing rental. With a prime in-town location close to Colby College, downtown revitalization, shopping, and major travel routes, this property is perfectly positioned for investors seeking both stability and growth. Whether you expand its current uses or continue operating as a mixed-use commercial hub, the possibilities here are wide open. A standout chance to own a cornerstone Waterville property with strong tenant history and exceptional potential. Opportunities like this don't come along often.

Supplements: ********

More Information MLS# 1646261

Location Information

Book: 11788/14740 Leased Land: No Page: 180/262-272 Map: 48 Lot: 413 Zoning Overlay: Unknown Tree Growth Y/N: No Association Y/N: No Street #: 145-147 Street Name: Main Street Type: Street County: Kennebec Town: Waterville State/Province: ME Zip Code: 04901 Zoning: CA Full Tax Amount $: 5994 Tax Year: 25 Geo Lat: 44.551005 Geo Lon: -69.630185

Property Information

Primary Use: Mixed Use Surveyed: No Deed/Conveyance Type Offered: Warranty Deed: All Deed Restrictions: Unknown Bank Owned REO: No Lot Size Acres +/-: 0.06 Year Renovated +/-: 2018 Tenancy: Multiple Tenants Leases: Yes Total # Floors: 2 Year Built: 1870 SqFt Finished Total: 9854

Location

Downtown: 1 Near Shopping: 1 Near Turnpike/Interstate: 1 Public Transport Access: 1

Water Info

Water Frontage: No Water View: No

Property Uses

Commercial: 1 Office Building: 1 Other: 1 Restaurant: 1 Retail: 1

Construction

Masonry: 1

Basement

Full: 1 Walk-Out Access: 1

Foundation Materials

Poured Concrete: 1

Exterior

Brick: 1 Glass: 1 Other Exterior: 1

Roof

Membrane: 1

Heat System

Forced Air: 1 Heat Pump: 1 Hot Water: 1

Heat Fuel

Electric: 1 Gas Bottled: 1

Cooling

Central Air: 1 Heat Pump: 1 Other: 1

Floors

Concrete: 1 Other: 1

Accessibilitiy Amenities

Level Entry: 1

Building Features

Internet Access Available: 1

Parking

Other Parking: 1 On Street: 1 Paved: 1

Electric

Circuit Breakers: 1

Utilities

Utilities On: Yes

Gas

Bottled: 1 Natural - At Street: 1

Sewer

Public Sewer: 1

Water

Public: 1

Listing Terms

Owner May Carry: 1

Contract Information

Status: Active Original List Price: 1150000 List Price: $1,500,000 Current Price: $1,500,000

Property Features

Location: Downtown; Near Shopping; Near Turnpike/Interstate; Public Transport Access Construction: Masonry Property Uses: Commercial; Office Building; Other; Restaurant; Retail Basement: Full; Walk-Out Access Foundation Materials: Poured Concrete Exterior: Brick; Glass; Other Exterior Roof: Membrane Heat System: Forced Air; Heat Pump; Hot Water Heat Fuel: Gas Bottled Cooling: Central Air; Heat Pump; Other Floors: Concrete; Other Building Features: Internet Access Available Parking: On Street; Other Parking; Paved Electric: Circuit Breakers Gas: Bottled; Natural - At Street Sewer: Public Sewer Water: Public Listing Terms: Owner May Carry
Listing Office: Berkshire Hathaway HomeServices Northeast Real Estate
IDX
Last Updated: January - 11 - 2026
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