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Mixed-Use Property with Apartment

144 College Avenue, Waterville, ME 04901

For Sale
$215,000

An occupied two-bedroom apartment sits above the commercial space, with parking and a right of way to Walnut Street.

Property Size2,363 SF
Price / SF$90.99
Days on Market214

Property Features for 144 College Avenue

General Information

Standard status Active
Size 2,363 SF
Property subtype Commercial
Zoning Mixed use

Site & Location

Road Access Yes
Mixed-Use Components commercial, residential

Additional Details

Tenant in Place Yes

Building Details

Building Size 2,363 SF
Year Built 1930
Listing Agency: Real Broker
Listed By: Corey Lee · License ME BA924970
Source: Amerorealty
Added: Apr 11 Changed: Nov 8 Last Checked: Nov 9 at 4:32PM

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 Real Broker

Rey
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Investment Insights

Based on property information with market context.

Located at 144 College Avenue in Waterville, this mixed-use property has commercial space and a rented two-bedroom apartment on the upper floor. The property is zoned for mixed use and includes parking, with a right of way providing access to Walnut Street.

Colby College, Thomas College, MaineGeneral, downtown Waterville, and I-95 are identified as nearby destinations. The building was constructed in 1930.

Key Highlights

  • Rented two‑bedroom apartment on the upper floor
  • Mixed‑use zoning
  • Right of way to Walnut Street

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

You Broke It? ... Computer & Electronic Repair

Suggested Use

Top Pick Parking Lot & Garage Bakery Garden Center Storage Facility (Bike/Boat/Book/etc) Store Carpet & Flooring Store

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

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

206
Businesses Nearby
7k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Cumberland Farms Shops & Services
6,218 visits/mo 0.4 miles
Midas Shops & Services
1,164 visits/mo 0.1 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
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Market

Average Price Trend$/SF for Mixed-use properties in Kennebec County, ME

$124 Jul
$133 Aug
$133 Sep
$132 Oct

Properties on Market for Mixed-use properties in Kennebec County

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - An occupied two-bedroom apartment sits above the commercial space, with parking and a right of way to Walnut Street.
Where is this mixed-use property located?
The property is located at 144 College Avenue Waterville, ME.
What is the asking price?
The asking price for this property is $215,000.
What are key features of this property?
This property features: Rented two‑bedroom apartment on the upper floor; Mixed‑use zoning; Right of way to Walnut Street
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