Medical Office Property with
For Sale
$374,900
166 Silver Street, Waterville, ME 04901
Commercial Sale, Waterville, ME
Property Size4,664 SF
Lot Size0.23 Acres
Price / SF$80.38
Days on Market138
Property Features for 166 Silver Street
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning
T
Rooms
Basement
Basement
Full
Lot features
Near Shopping
Standard status
Active
Size
4,664 SF
Lot size
0.23 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
4884
Utilities
Sewer type
Public Sewer
Heating system
Oil, Hot Water(Heating), Baseboard
Cooling system
Wall/Window Unit(s), Window Unit(s)
Water source
Public
Amenities
private deck
onsite parking
Building Details
Year built
1920
Flooring type
Vinyl, Carpet, Laminate
Building materials
Wood Frame, Vinyl Siding
Roof type
Metal
Listing Agency:
Coldwell Banker Plourde Real Estate · Coldwell Banker Real Estate
(207) 872-7650
Listed By:
Donald Plourde
(207) 861-2462
Added: May 4
Changed: Sep 14
Last Checked: Sep 18 at 4:06PM
MLS# 1621846
Copyright © 2026 Maine Listings. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 4,664-square-foot medical office property occupies a 0.23-acre lot and includes a flexible professional-use layout across a 1920-built structure. The building was formerly used as an optometrist’s office and has laminate, carpet, and vinyl flooring, along with oil-fired hot-water baseboard heating and wall or window air-conditioning units. A basement, metal roof, wood-frame construction, and vinyl siding are also part of the improvements.
Two apartments are located upstairs, with access to a private deck. Onsite parking supports convenient access for office visitors, patients, and residential occupants. The property is served by public water and public sewer and is zoned T.
Two apartments are located upstairs, with access to a private deck. Onsite parking supports convenient access for office visitors, patients, and residential occupants. The property is served by public water and public sewer and is zoned T.
Key Highlights
- 4,664 SF medical office property on a 0.23‑acre lot
- Two upstairs apartments with a private deck
- Former optometrist’s office with adaptable professional‑use layout
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
301
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 04901, ME
26,491
Population
12,084
Households
2.2
Avg Household Size
41
Median Age
30%
College-Educated
93%
High-School Grad
78.8 sq mi
ZIP Area
336
Density / Sq Mi
$54,122
Median Household Income
$33,623
Median Earnings
$957
Median Rent
$188,800
Median Home Value
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Market
Vacancy Rate% for Office in Northeast region
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Adaptable medical office layout with two upstairs apartments, private outdoor space, and onsite parking.
Where is this medical office space located?
The property is located at 166 Silver Street Waterville, ME.
What is the asking price?
The asking price for this property is $374,900.
What are key features of this property?
This property features: 4,664 SF medical office property on a 0.23‑acre lot; Two upstairs apartments with a private deck; Former optometrist’s office with adaptable professional‑use layout
