Waterville, ME Commercial Real Estate for Sale

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Established Restaurant with Dining Area
Updated: Sep 23
Established Restaurant with Dining Area

145 Main Street, Waterville, ME 04901

$650,000
4,522 sqft 0.06 AC lot
Restaurant property with 4522 square feet
Seating for 30+ guests
0.06‑acre downtown Waterville site
Directly across from the Colby dorms
CA zoning with public water and public sewer
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Renovated Live-Work Property
Updated: Sep 15
Renovated Live-Work Property

36 Silver Street, Waterville, ME 04901

$364,900
2,439 sqft 0.36 AC lot
2,439‑square‑foot building on a 0.36‑acre lot
13 rooms across two and a half floors
Six or more potential office areas; second floor can be used as a 3‑bedroom apartment
One full bathroom, two half‑baths, full kitchen, and laundry
CA zoning; surveyed building and lot, with a deed specific to the front building and its land
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Three-Story Office Condominium Building
Three-Story Office Condominium Building

244 Kennedy Memorial Drive, Waterville, ME 04901

$275,000
1,836 sqft 1.52 AC lot

Brick office property with elevator service, accessible entry, shared parking, and flexible individual-unit or full-building acquisition options.

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See hot listings in Waterville

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
Mixed-Use Office Building
Mixed-Use Office Building

36 Silver Street, Waterville, ME 04901

$364,900
2,439 sqft

Two-and-a-half floors provide office areas alongside kitchen, laundry, and potential residential living space.

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Six-Unit Office Condominium Building
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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Renovated Medical Condo
Renovated Medical Condo

325 Kennedy Memorial Drive, Waterville, ME 04901

$115,000
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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Office Building with Conference Space
Office Building with Conference Space

44-46 Elm Street, Waterville, ME 04901

$450,000
10,287 sqft 0.52 AC lot

Professional property with extensive workspace, meeting areas, parking, and public utilities.

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Three-Story Office Building
Three-Story Office Building

244 Kennedy Memorial Drive, Unit 201-204, Waterville, ME 04901

$275,000
2,005 sqft

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

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Medical Office Property with Apartments
Medical Office Property with Apartments

166 Silver Street, Waterville, ME 04901

$325,000
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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Medical Office Condo
Medical Office Condo

325 Kennedy Memorial Drive, Waterville, ME 04901

$44,900
893 sqft 0.23 AC lot

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

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Renovated Medical Office Condo
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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Mixed-Use Building with Residential Units
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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Renovated Office Building with Four Suites
Renovated Office Building with Four Suites

168 College Ave, Waterville, ME 04901

$250,000
3,510 sqft

Renovated property with four office spaces plus kitchen, full bath, and enclosed porch for flexible business or home use.

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Mixed-Use Property with Outdoor Canopy
Mixed-Use Property with Outdoor Canopy

120 Drummond Ave, Waterville, ME 04901

$310,000
2,908 sqft 1.92 AC lot

Three office and mixed-use suites provide a multi-suite layout alongside covered outdoor space.

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Office Building With Conference Space
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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Freestanding Drive-Through Restaurant
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 Mixed-Use Redevelopment
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
Medical Office Condo with Exam Rooms

325 Kennedy Memorial Drive 2c, Waterville, ME 04901

$44,900
893 sqft

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

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Historic Multi-Story Downtown Building
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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Medical Office Building
Medical Office Building

166 Silver Street, Waterville, ME 04901

$325,000
4,664 sqft

Former optometrist office with a flexible layout, recent updates, and upstairs apartments with a private deck plus ample parking.

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Office Building with Conference Space
Office Building with Conference Space

44 Elm St, Waterville, ME 04901

$450,000

Office and conference room space with ample parking, previously used as a law office.

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Waterville Office Building For Sale
Waterville Office Building For Sale

44-46 Elm Street, Waterville, ME 04901

$450,000
10,287 sqft

Over 10,000 SF office space in Waterville, Maine.

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Office Condominium Units
Office Condominium Units

244 KENNEDY MEMORIAL DR UNIT 202-203, Waterville, ME 04901

Contact for pricing

Three-story office property with ADA access, elevator service, and shared parking for professional operations.

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Industrial Commercial Land
Industrial Commercial Land

2 Industrial Street, Waterville, ME 04901

$175,000
247,856 sqft

Commercial land designated for industrial use in Waterville, Maine.

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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 27 active listings on our real estate platform. These investment opportunities span a total of 511,060 square feet of properties for sale, with an estimated market value of $7,829,500.

Sale prices for business properties in Waterville, ME start at $44,900, averaging $355,886, and reaching up to $1,300,000 — 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 $355.4K

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)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Kennebec County

Retail

Residential Income

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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