145-147 Main Street Waterville, ME 04901
COMMERCIAL - Waterville, ME
- Added:
- Jul 11, 2026
- Days on Market:
- 2
- Last Refresh:
- Jul 12 at 6:06 am
Property Features for 145-147 Main Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- CA
- Rooms
- Basement
- Parking features
- On Street, Other
- Basement
- Walk-Out Access, Full
- Standard status
- Active
- Size
- 9,854 SF
- Lot size
- 0.06 Acres
Taxes and HOA fees
- Tax Year
- 25
- Tax Annual Amount
- 5994
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air, Heat Pump (Heating), Hot Water(Heating), Electric (Heating), Natural Gas
- Cooling system
- Central Air, Heat Pump
- Water source
- Public
Building Details
- Year built
- 1870
- Flooring type
- Concrete
- Building materials
- Masonry, Brick, Glass, Other Exterior
- Roof type
- Membrane
Listing agent Elisha Hardy License #BR915418 (207) 314-2574
Listing office Berkshire Hathaway HomeServices Northeast Real Estate 160 Broadway, Bangor, ME (207) 942-8261
Listing date Jul 11, 2026
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.
The building is zoned CA. It has a lot size of 0.06 acres and a total property size of 9,854 square feet, according to the listing information.
Possible owner financing is available to qualified buyers, adding flexibility for investors and owner-occupants. With established tenants below and four apartments above, the property presents a diversified, mixed-use income stream in downtown Waterville.
Key Highlights
- Downtown Waterville mixed‑use building with commercial space and four residential units above
- Commercial level leased to Waterville House of Pizza and Soul Revival
- Residential mix includes two 1‑bedroom apartments, one 3‑bedroom apartment, and a 2‑bedroom owner's unit overlooking Main Street
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $177.4k | $18.00 |
| − Vacancy | −$30.2k | −$3.06 |
| EGI | $147.2k | $14.94 |
| − OpEx | −$36.8k | −$3.74 |
| NOI | $110.4k | $11.21 |
