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    166 Silver St Waterville, ME 04901

    New
    For Sale
    $399,900

    COMMERCIAL - Waterville, ME

    Type:Office
    Property size:
    4,664 SF
    Lot size:
    0.23 Acres
    Days on Market:
    2
    Last Refresh:
    Dec 13 at 4:06 am

    Property Features for 166 Silver St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Office
    Standard status
    Active
    Zoning
    T
    Rooms
    Basement
    Basement
    Full
    Size
    4,664 SF
    Lot size
    0.23 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Hot Water(Heating), Baseboard
    Cooling system
    Wall/Window Unit(s), Window Unit(s)
    Water source
    Public

    Building Details

    Year built
    1920
    Flooring type
    Laminate, Vinyl, Carpet
    Building materials
    Vinyl Siding, Wood Frame
    Roof type
    Metal

    Coldwell Banker Plourde Real Estate (207) 872-7650 [email protected]

    Listing agent Donald Plourde (207) 872-7650

    Listing date Dec 12, 2025

    Copyright © 2025 Maine Real Estate Information System, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Versatile Property with Income Potential

    This well-maintained property, formerly an optometrist's office, offers a flexible floor plan suitable for various professional or medical uses. Recent updates throughout the building add modern appeal and functionality. The property includes two apartments upstairs, providing a source of rental income, and a generous private deck for outdoor enjoyment. Ample onsite parking ensures convenient access for clients, patients, or tenants. The property is located in Waterville, Maine, and has a lot size of 0.23 acres. The building size is 4,664 square feet. The zoning is T.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Poulin & Associates Eye ... Optometrist Ian Jones Optometrist Kiran Jones Optometrist Kiran Byrapaneni Jones Optometrist Newport Eye Care Optometrist

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    New England Animal Hospital

    Location Insight

    • Map
    • Local Demand
    City
    Waterville
    County
    Kennebec
    State
    Maine
    Longitude
    -69.6461758
    Latitude
    44.5404517

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    FAQs

    What type of property is this?
    Medical office - High-visibility property suitable for professional or medical uses with rental income.
    Where is this medical office located?
    The property is located at 166 Silver St Waterville, ME.
    What is the asking price?
    The asking price for this property is $399,900.
    What are key features of this property?
    This property features: - High-visibility location ideal for professional or medical use.; - Two upstairs apartments provide rental income potential.; - Flexible floor plan easily adaptable to various business needs.
    (207) 872-7650
    Request Owner's contact information
    166 Silver St Waterville, ME 04901
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    Waterville, ME 04901
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    166 Silver St Waterville, ME 04901
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