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Mixed-Use Building with Office Space
New
For Sale
$305,000

124 Silver St, Waterville, ME 04901

Two-level configuration combines professional workspace with a three-bedroom residential unit.

Property Size3,206 SF
Price / SF$95.13
Days on Market2

Property Features for 124 Silver St

General Information

Standard status Active
Size 3,206 SF
Property subtype Multi-Family

Units

Unit Mix 1 x 3-bedroom
Multifamily Units 1

Building Details

Year Built 1938
Buildings 1
Building Size 3,206 SF
Listed By: Signature Homes Real Estate Group
Source: Signaturehomesmaine
Added: Sep 20 Last Checked: Sep 21 at 6:28AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Signature Homes Real Estate Group

Investment Insights

Based on property information with market context.

This 3,206-square-foot mixed-use property, built in 1938, combines an office suite with residential space. The office component includes a reception area, four private offices, and a conference room, creating a practical arrangement for professional operations. A three-bedroom apartment occupies the second floor and adds a distinct residential component to the building.

Located at 124 Silver St in Waterville, the property is positioned on Silver Street with access to a high-traffic setting. The combination of office and apartment space supports an owner-user configuration or separate use of the two components, as described in the property information.

Key Highlights

  • 3,206‑square‑foot mixed‑use building constructed in 1938
  • Office layout includes a waiting area, four offices, and a conference room
  • Second‑floor 3‑bedroom apartment

Property Analytics

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Current Use

Office buildings

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Storage Facility Garden Center (Bike/Boat/Book/etc) Store Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

654
Businesses Nearby

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 Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two-level configuration combines professional workspace with a three-bedroom residential unit.
Where is this mixed-use property located?
The property is located at 124 Silver St Waterville, ME.
What is the asking price?
The asking price for this property is $305,000.
What are key features of this property?
This property features: 3,206‑square‑foot mixed‑use building constructed in 1938; Office layout includes a waiting area, four offices, and a conference room; Second‑floor 3‑bedroom apartment
More about this property
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