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    221 Main St Waterboro, ME 04030

    For Sale
    $737,000

    Waterboro, ME: Prime Commercial Opportunity

    Property size:
    2,277 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    314
    This exceptional mixed-use property at 221 Main Street, Waterboro, ME, presents a unique investment opportunity. Boasting 2,277 square feet on a 1.02-acre lot, this property offers significant commercial potential. The strategic location on a major road provides excellent visibility and accessibility, with 200 feet of road frontage. The zoning allows for two businesses or a home-based business with one non-family employee. The existing infrastructure includes two driveways, creating convenient ingress and egress, and ample space for a drive-thru window. Currently configured as a beauty salon on the ground floor, the property also features a three-bedroom, one-bathroom residential unit on the second floor. This versatile layout provides options for owner-occupancy or rental income. The Village zoning permits a variety of commercial uses, making this property ideal for a diverse range of businesses. Detailed information regarding permitted uses is available in the property disclosures. This is a rare opportunity to acquire a well-situated, versatile property in a thriving community. Don't miss out on this chance to establish your business in a high-traffic location with significant expansion potential. Further details are available upon request.

    Property Features for 221 Main St

    General Information

    Property type
    Mixed-use properties
    Square Feet
    2,277 SF
    Lot Size
    44,431 SF

    Building Details

    Year Built
    1905
    Property Profile Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Restaurant Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Pharmacy Auto Parts Store Nail Salon Skin Care Clinic HVAC Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Waterboro
    County
    York
    State
    Maine
    Longitude
    -70.67956
    Latitude
    43.57212

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    Nearby Similar for Sale

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    • $850,000
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    FAQs

    What type of property is this?
    Mixed-use property - Waterboro, ME: Prime Commercial Opportunity
    Where is this mixed-use property located?
    The property is located at 221 Main St Waterboro, ME.
    What is the asking price?
    The asking price for this property is $737,000.
    (888) 439-8743
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    221 Main St Waterboro, ME 04030
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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
    221 Main St Waterboro, ME 04030
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