162 College Avenue, Waterville, ME 04901

$310,000
Property Type: Commercial Square Footage: 2,026 Lot Size (sq. ft.): 8,712 Status: Active
Current Price: $310,000 List Date: 11/11/2025 Last Modified: 11/26/2025

Description

Prime commercial opportunity on one of Waterville's busiest streets! 162 College Avenue offers excellent visibility, easy access, and strong daily traffic counts—ideal for a wide range of business uses. The flexible layout allows for office, retail, medical, or service-oriented space, with plenty of on-site parking for customers and staff. This well-maintained property is located minutes from downtown Waterville, Colby College, and I-95, surrounded by other thriving businesses and residential neighborhoods. Whether you're expanding, relocating, or investing, this location offers outstanding potential and convenience in a growing commercial corridor. Home currently being used as residential. Previous uses have been a barber shop and a 2-unit.

Supplements: ********

More Information MLS# 1643258

Location Information

Book: 14885 Leased Land: No Page: 315-316 Map: 63 Lot: 144 Zoning Overlay: Unknown Tree Growth Y/N: No Association Y/N: No Street #: 162 Street Name: College Street Type: Avenue County: Kennebec Town: Waterville State/Province: ME Zip Code: 04901 Zip +4: 6216 Zoning: CC Full Tax Amount $: 4952 Tax Year: 2025 Geo Lat: 44.569819 Geo Lon: -69.620762

Property Information

Primary Use: Mixed Use Surveyed: Unknown Lot Size Acres +/-: 0.2 Year Renovated +/-: 1 Total # Floors: 0 Year Built: 1920 SqFt Finished Total: 2026

Location

Business District: 1

Property Uses

Commercial: 1

Construction

Wood Frame: 1

Basement

Full: 1 Unfinished: 1

Exterior

Vinyl Siding: 1

Roof

Pitched: 1 Shingle: 1

Heat System

Baseboard: 1 Heat Pump: 1

Heat Fuel

Gas Natural: 1

Cooling

Heat Pump: 1

Floors

Laminate: 1 Wood: 1

Parking

5 - 10 Spaces: 1

Electric

Circuit Breakers: 1 Generator Hookup: 1

Gas

Natural - On Site: 1

Sewer

Public Sewer: 1

Water

Public: 1

Contract Information

Status: Active Original List Price: 320000 List Price: $310,000 Current Price: $310,000

Property Features

Location: Business District Construction: Wood Frame Property Uses: Commercial Basement: Full; Unfinished Exterior: Vinyl Siding Roof: Pitched; Shingle Heat System: Baseboard; Heat Pump Heat Fuel: Gas Natural Cooling: Heat Pump Floors: Laminate; Wood Parking: 5 - 10 Spaces Electric: Circuit Breakers; Generator Hookup Gas: Natural - On Site Sewer: Public Sewer Water: Public
Listing Office: Coldwell Banker Realty
IDX
Last Updated: November - 26 - 2025
Broker Attribution: 207-282-5988

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