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    259 Main St Waterville, ME 04901

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    For Sale
    $350,000

    4,000 SF retail/flex building with warehouse functionality in Waterville.

    Property size:
    4,000 SF
    Lot size:
    0.35 Acres

    Property Features for 259 Main St

    General Information

    Size
    4,000 SF
    Lot size
    0.35 Acres

    Source: CORE Agent Charles Hippler

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Waterville Retail/Flex Building For Sale

    This 4,000± SF single-story retail/flex building is situated on 0.35± acres in downtown Waterville. Combining retail frontage with warehouse functionality, the property features high ceilings, an overhead door, and outdoor storage space. Key improvements include a rubber roof installed in 2020 and 480-amp, 3-phase power. The site offers 25± paved parking spaces and excellent access for loading/unloading. Located in a busy commercial corridor, the property is minutes from I-95 and surrounded by established businesses and residential neighborhoods. Zoned Commercial–A (C-A), it allows for a variety of uses. The building will be delivered vacant.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Grondin's Certified Cleaners Dry Cleaner

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Waterville
    County
    Kennebec
    State
    Maine
    Longitude
    -69.6323719
    Latitude
    44.5583317

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    FAQs

    What type of property is this?
    Retail space - 4,000 SF retail/flex building with warehouse functionality in Waterville.
    Where is this retail space located?
    The property is located at 259 Main St Waterville, ME.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: - Prime downtown Waterville location in a busy commercial corridor with high visibility and accessibility.; - Versatile 4,000± SF retail/flex building suitable for various business operations.; - Substantial 480-amp, 3-phase power supply, accommodating diverse equipment needs.
    (202) 530-2708
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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
    259 Main St Waterville, ME 04901
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