Downtown Mixed-Use
For Sale
$175,000
45 Water Street, Waterville, ME 04901
Commercial Sale, Waterville, ME
Property Size13,793 SF
Lot Size0.24 Acres
Price / SF$12.69
Days on Market117
Property Features for 45 Water Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
CC
Rooms
Basement
Interior features
Storage
Basement
Unfinished, Full
Lot features
Near Turnpike/ Interstate, Downtown, Business District
Standard status
Active
Size
13,793 SF
Lot size
0.24 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
7262
Utilities
Sewer type
Public Sewer
Heating system
Hot Water(Heating), Oil, Baseboard
Water source
Public
Building Details
Year built
1920
Flooring type
Carpet, Wood, Hardwood
Building materials
Wood Frame, Clapboard, Vinyl Siding
Roof type
Shingle
Additional Structures
Storage
Listing Agency:
Two Rivers Realty, LLC
Listed By:
Kyle McGeechan
(207) 469-9930
Added: May 19
Changed: Sep 12
Last Checked: Sep 12 at 3:06PM
MLS# 1655268
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.
Located at 45 Water Street in downtown Waterville, this 13,793-square-foot mixed-use property occupies 0.24 acres and was built in 1920. The building includes ground-level commercial space, two existing apartments in an attached section, and two upper floors with multiple rooms and two bathrooms on each level. Storage is provided, with wood and hardwood flooring, hot-water baseboard heating fueled by oil, and a shingle roof.
The property is served by public water and public sewer and is zoned CC. Its commercial portion has an open configuration, while the upper levels provide space for further interior redevelopment. Extensive repairs and updating are needed, making the asset suited to a renovation or repositioning plan.
The property is served by public water and public sewer and is zoned CC. Its commercial portion has an open configuration, while the upper levels provide space for further interior redevelopment. Extensive repairs and updating are needed, making the asset suited to a renovation or repositioning plan.
Key Highlights
- 13,793‑square‑foot mixed‑use property on 0.24 acres
- Ground‑level commercial area plus two existing apartments
- Two upper floors with multiple rooms and two bathrooms per level
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
801
Businesses Nearby
91k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 49%
Dining 43%
Apparel 8%
Electronics 1%
Dollar Tree
Shops & Services
17,237 visits/mo
0.4 miles
McDonald's
Dining
15,511 visits/mo
0.5 miles
Cumberland Farms
Shops & Services
10,954 visits/mo
0.5 miles
Dunkin' Donuts
Dining
10,288 visits/mo
0.3 miles
Aroma Joe's
Dining
9,981 visits/mo
0.3 miles
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - Multi-level commercial building with apartments, public utilities, and substantial repositioning needs.
Where is this mixed-use property located?
The property is located at 45 Water Street Waterville, ME.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: 13,793‑square‑foot mixed‑use property on 0.24 acres; Ground‑level commercial area plus two existing apartments; Two upper floors with multiple rooms and two bathrooms per level
