Waterville, ME Commercial Real Estate for Sale

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38 properties

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Updated: Aug 24

Three-Story Office Condominium Building

244 Kennedy Memorial Drive, Waterville, ME 04901

$275,000

1,836 sqft 1.52 AC lot

Six office condominium units across a three‑story building
1.52‑acre site with shared parking lot
1,836 square feet of property size
Common elevator and accessible approach with ramp
Two restrooms within each unit

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Updated: Jul 11

Office Building with Conference Space

44-46 Elm Street, Waterville, ME 04901

$450,000

10,287 sqft 0.52 AC lot

10,287 SF office property with conference room space
0.52‑acre site at 44‑46 Elm Street in Waterville, ME
CA zoning
Parking provided on site
Public water and public sewer

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Medical Office Space with Exam Rooms

13 Railroad Square, Waterville, ME 04901

$425,000

4,160 sqft 0.26 AC lot

CA-zoned commercial suite with a specialized layout, on-site parking, and public water and sewer service.

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See what stands out in Kennebec County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

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Local Demand available after sign in

Triple Net Walgreens Retail Building

210 Main Street, Waterville, ME 04901

$6,500,000

14,673 sqft 2.23 AC lot

2009-built Walgreens on a triple net lease with over four years remaining and six renewal options.

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Six-Unit Office Condominium Building

244 Kennedy Memorial Drive, Waterville, ME 04901

$275,000

2,005 sqft 1.52 AC lot

Professional workspace with elevator service, accessible ramp entry, and shared parking.

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Four-Story Mixed-Use Building

99 Main Street, Waterville, ME 04901

$650,000

13,413 sqft 0.15 AC lot

Historic masonry property with retail, office, and mixed-use potential in a central commercial setting.

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Professionally Maintained Office Building

129 Silver Street, Waterville, ME 04901

$499,500

2,928 sqft 0.53 AC lot

Masonry office property with hardwood and laminate flooring, central air, and off-street parking.

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Office Building With Conference Space

4446 44-46 Elm St, Waterville, ME 04901

$450,000

10,287 sqft

Office property featuring conference rooms, substantial parking, and a configuration suited to multiple business uses.

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Renovated Medical Condo

325 Kennedy Memorial Drive, Waterville, ME 04901

$130,000

903 sqft 0.23 AC lot

Medical-use condo with private treatment rooms, reception space, and access to public water and sewer.

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Mixed-Use Property with Event Canopy

120 Drummond Avenue, Waterville, ME 04901

$325,000

2,908 sqft 1.92 AC lot

Private office and mixed-use suites complement a covered outdoor area for gatherings and events.

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Renovated Medical Office Condo

325 Kennedy Memorial Drive 1c, Waterville, ME 04901

$130,000

903 sqft

Medical-use condo with private suites, reception, waiting area, bathroom, and parking within a professional building.

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Medical Office Property with Apartments

166 Silver Street, Waterville, ME 04901

$374,900

4,664 sqft 0.23 AC lot

Adaptable medical office layout with two upstairs apartments, private outdoor space, and onsite parking.

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Downtown Mixed-Use Property

45 Water Street, Waterville, ME 04901

$175,000

13,793 sqft 0.24 AC lot

Multi-level commercial building with apartments, public utilities, and substantial repositioning needs.

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Mixed-Use Building with Residential Units

145147 145-147 Main St, Waterville, ME 04901

$1,300,000

9,854 sqft

The property combines two commercial tenants with four residential apartments.

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Medical Office Condo

325 Kennedy Memorial Drive, Waterville, ME 04901

$49,900

893 sqft 0.23 AC lot

Includes exam rooms, a waiting area, break room, and half bath.

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Airport-Zoned Commercial Land

75 Airport Road, Waterville, ME 04901

$115,000

6.93 AC lot

Flat land with AI - Airport zoning and connections to public water and sewer.

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Professionally Maintained Office Building

129 Silver Street, Waterville, ME 04901

$499,500

2,928 sqft

Corner property currently configured for financial services use with professionally landscaped grounds.

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Mixed-Use Property with Apartments

45 Water St, Waterville, ME 04901

$175,000

13,793 sqft

Includes ground-floor commercial space and two existing apartments.

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Mixed-Use Property with Event Canopy

120 Drummond Avenue, Waterville, ME 04901

$325,000

2,908 sqft 1.92 AC lot

Three private suites and a covered outdoor gathering area support office, community, and special-use functions.

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Historic Multi-Story Downtown Building

99 Main Street, Waterville, ME 04901

$650,000

13,413 sqft

Four-story commercial building at 99 Main St with flexible layout for retail or office use.

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Freestanding Drive-Through Restaurant

161A College Avenue, Waterville, ME 04901

Contact for pricing

992 sqft 0.52 AC lot

Freestanding commercial building includes existing drive-through infrastructure and sits on a double lot.

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Three-Story Office Building

244 KENNEDY MEMORIAL DR UNIT 201-204, Waterville, ME 04901

Contact for pricing

2,005 sqft

Well-maintained office condominium property with elevator service, ADA access, and shared parking.

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Three-Story Mixed-Use Redevelopment

155 - 165 Main St, Waterville, ME 04901

Contact for pricing

53,500 sqft

Three-story mixed-use site with two adjacent buildings and a rear parking lot, positioned near Colby College expansion.

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Medical Office Condo with Exam Rooms

325 Kennedy Memorial Drive 2c, Waterville, ME 04901

$49,900

893 sqft

In-town medical condo with a patient waiting area, break room, and dedicated clinical rooms.

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Waterville, ME Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Waterville, ME, showcased through 38 active listings on our real estate platform. These investment opportunities span a total of 616,505 square feet of properties for sale, with an estimated market value of $15,548,400.

Sale prices for business properties in Waterville, ME start at $49,900, averaging $598,015, and reaching up to $6,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 27K

Population Growth (5Y) +2.2%

Median Household Income $54,122

College Educated 21.7%

High-Yield Neighborhoods for Investment

Identify Waterville submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
04901	$624.8K

Taxes & Financing

Tax Rate (average for all types) 1.82%

Property Tax per SF $34.09 per SF

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Kennebec County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Waterville fall within the 10,000 to 25,000 square foot range.

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