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    Waterville, ME
    Flex Space

    Waterville, ME Flex Space for Sale

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    Winslow, ME Fairfield, ME Oakland, ME Benton, ME Vassalboro, ME Clinton, ME Albion, ME China, ME
    Mixed-Use Office Suites with Canopy
    Updated: Jun 11
    Mixed-Use Office Suites with Canopy

    120 Drummond Avenue, Waterville, ME 04901

    $325,000
    2,908 sqft 1.92 AC lot
    Commercial property on 1.92 acres, formerly home to the American Legion Hall
    Three private office/mixed‑use suites with a versatile layout
    Spacious outdoor canopy for gatherings and events
    Metal roof and metal‑clad construction; flooring includes carpet, vinyl, and concrete
    Utilities include well water and public sewer
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    This listing looks promising.

    Here's a quick look at some key insights for

    120 Drummond Avenue, Waterville, ME 04901

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    • Est. Cap Rate

      5.7%
      NOI ÷ price

    • Est. NOI

      $18K
      Annual

    • Price @ 7% Cap

      $262K
      Suggested

    • Property Type

      Exempt
      Built 1976
    View Property Analytics
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Waterville, ME, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Warehouse with Office and Five Doors
    Warehouse with Office and Five Doors

    237 Neck Road, Benton, ME 04901

    $395,600
    5,680 sqft 0.95 AC lot

    Flex warehouse with office and full bath, served by five oversized garage doors for efficient loading.

    View details
    Pole Barn on Commercial Land
    Pole Barn on Commercial Land

    402 Lakewood Road, Madison, ME 04950

    $229,900
    3,870 sqft 3.28 AC lot

    Newly built pole barn on open, level commercial land, suited for a range of storage and shop uses.

    View details
    Commercial Garage with Yard
    Commercial Garage with Yard

    685 White School House Road, Madison, ME 04950

    $749,000
    7,720 sqft 3.50 AC lot

    Large commercial garage with 18-foot ceilings plus office and parts/storage space on a 3.5-acre lot.

    View details
    Flex Office and Warehouse
    Flex Office and Warehouse

    237 Neck Road, Benton, ME 04901

    $395,600

    Flex office with a full bathroom plus a 4,000-sf warehouse served by five oversized garage doors.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercial Land Parcel on Route 16
    Commercial Land Parcel on Route 16

    829 Route 16, Ossipee, NH 03896

    $299,900
    4.00 AC lot

    Approximate four-acre commercial parcel with strong Route 16 visibility and frontage, requiring subdivision approval and private utilities planning.

    View details
    Industrial-Commercial Development Land
    Industrial-Commercial Development Land

    524R Mammoth Road, Londonderry, NH 03053

    $500,000
    4.53 AC lot

    C-II zoned, level parcel with substantial frontage on NH Route 28 and town sewer available nearby off Mammoth Road.

    View details
    Londonderry Commercial Land Opportunity
    Londonderry Commercial Land Opportunity

    524R Mammoth Rd, Londonderry, NH 03053

    $500,000
    4.53 AC lot

    4.53-acre commercial parcel with development potential in Londonderry, NH.

    View details
    Industrial Land for Sale
    Industrial Land for Sale

    319 North Main St, Middleton, MA 01949

    $2,299,000
    3.38 AC lot

    3.38 acres of M1 zoned land available.

    View details

    Waterville, ME Flex Space Market Trends and Statistics

    Explore 1 flex space for sale in Waterville, ME on our real estate platform. These investment opportunities span a total of 2,908 square feet of properties for sale, with an estimated market value of $325,000.

    Sale prices for business spaces in Waterville, ME average $325,000 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Flex space 1

    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 $325K

    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

    Residential Income

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