145-147 Main Street, Waterville, ME 04901

$1,500,000
Property Type: Multi-Family Baths: 5 Square Footage: 9,854 Lot Size (sq. ft.): 2,614 Status: Active
Current Price: $1,500,000 List Date: 12/11/2025 Last Modified: 1/13/2026

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# 1646269

Location Information

Book: 11788/14740/ Leased Land: No Page: 252-272 Map: 48 Lot: 413 Zoning Overlay: Unknown Association: No Tree Growth 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

Surveyed: No Seasonal: No Owner Occupied: No Number of Units: 4 Deed/Conveyance Type Offered: Warranty Deed: All Deed Restrictions: Unknown Bank Owned REO: No 2 Detached Houses on 1 Lot: No Lot Size Acres +/-: 0.06 Total Baths: 5 Total Half Baths: 0 Color: Brick SqFt Finished Above Grade: 9854 SqFt Finished Below Grade: 0 SqFt Source: Public Records Garage: No Total Full Baths: 5 Year Built: 1870 SqFt Finished Total: 9854 Source of Acreage: Public Records

Levels

Multi-Level: 1

Site

Level: 1 Other Site: 1 Sidewalks: 1

Location

Business District: 1 Intown: 1 Near Shopping: 1 Near Town: 1 Near Turnpike/Interstate: 1 Other Location: 1

Roads

Paved: 1 Public: 1

Transportation

Public Transport Access: 1

Water Info

Water Frontage: No Water View: No

Style

Other: 1

Construction

Masonry: 1

Basement

Full: 1 Walk-Out Access: 1

View

Scenic: 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

Energy Efficiency

HVAC: 1

Building Info

# Stories: 2 # Floors: 2 # Heating Units: 4 # Water Heaters: 4

Heat Fuel

Electric: 1 Gas Bottled: 1

Income & Expenses

Gross Income: 123000 Operating Expenses: 111506

Cooling

Central Air: 1 Heat Pump: 1 Other: 1

Floors

Concrete: 1 Other: 1

Accessibilitiy Amenities

Other Accessibilities: 1

Units

# of 1 BD Units: 2 # of 2 BD Units: 1 # of 3 BD Units: 1

Parking

Other Parking: 1 1 - 4 Spaces: 1 On Street: 1 Paved: 1

Unit 1

Lease: No Level: Second Security Deposit: No Monthly Rent: 1700 # Full Baths: 2 # of Rooms: 5 # of Bedrooms: 2 Dedicated Electric Meter: Yes Dedicated Gas Meter: No Dedicated Water Heater: No Electric: No Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Electric

Circuit Breakers: 1

Unit 2

Lease: No Level: Second Security Deposit: No Monthly Rent: 1200 # Full Baths: 1 # of Rooms: 3 # of Bedrooms: 1 Dedicated Electric Meter: Yes Dedicated Gas Meter: No Dedicated Water Heater: Yes Electric: No Heat: No Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Utilities

Utilities On: Yes

Unit 3

Lease: No Level: Second Security Deposit: No Monthly Rent: 0 # Full Baths: 1 # of Rooms: 3 # of Bedrooms: 1 Dedicated Electric Meter: Yes Dedicated Gas Meter: No Dedicated Water Heater: Yes Electric: No Heat: No Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Gas

Bottled: 1 Natural - At Street: 1

Unit 4

Lease: No Level: Second Security Deposit: No Monthly Rent: 1700 # Full Baths: 1 # of Rooms: 4 # of Bedrooms: 3 Dedicated Electric Meter: Yes Dedicated Gas Meter: No Dedicated Water Heater: Yes Electric: No Heat: No Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Sewer

Public Sewer: 1

Water

Public: 1

Driveway

No Driveway: 1

Basement Entry

Interior: 1

Water Heater

Electric: 1

Amenities

Laundry - 2nd Floor: 1 Laundry - Hookup: 1 Other Amenities: 1 Sprinkler: 1

Equipment

Internet Access Available: 1

Vehicle Storage

No Vehicle Storage: 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

Site: Level; Other Site; Sidewalks Location: Business District; Intown; Near Shopping; Near Town; Near Turnpike/Interstate; Other Location Roads: Paved; Public Transportation: Public Transport Access View: Scenic Style: Other Levels: Multi-Level Construction: Masonry Basement: Full; Walk-Out Access Basement Entry: Interior Foundation Materials: Poured Concrete Exterior: Brick; Glass; Other Exterior Roof: Membrane Heat System: Forced Air; Heat Pump; Hot Water Heat Fuel: Gas Bottled Water Heater: Electric Cooling: Central Air; Heat Pump; Other Floors: Concrete; Other Amenities: Laundry - 2nd Floor; Laundry - Hookup; Other Amenities; Sprinkler Equipment: Internet Access Available Energy Efficiency: HVAC Driveway: No Driveway Parking: Other Parking; 1 - 4 Spaces; On Street; Paved Vehicle Storage: No Vehicle Storage 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 - 13 - 2026
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