155-165 Main St, Waterville, ME

Listing office The Dunham Group c***@dunham-group.com Show Phone

Listing date May 15, 2025

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Overview

This offering presents a 53,500 square foot, three-story redevelopment opportunity situated in downtown Waterville. The property comprises two adjacent buildings along with a rear parking lot. Located next to two newly constructed Colby College buildings on Main Street, the site benefits from high visibility and accessibility within a rapidly revitalizing area. The site includes a 39,599 square foot parking lot. The property qualifies for significant tax credits and grant programs, enhancing its development potential. The existing structures may be repurposed or demolished to accommodate new construction, making this an opportunity for various investment and development strategies.

Suggested Use

Clothing & Fashion Store Wine and Liquor Store Storage Facility Accounting Firm Veterinary Clinic Pet Grooming Service Florist Parking Lot & Garage (Bike/Boat/Book/etc) Store Supermarket

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

Location Insight

• Map
• Local Demand

City

Waterville

County

Kennebec

State

Maine

Longitude

-69.6303

Latitude

44.5512

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FAQs

What type of property is this?

Office building - 53,500 SF redevelopment opportunity in revitalizing downtown Waterville.

Where is this office building located?

The property is located at 155-165 Main St Waterville, ME.

What is the asking price?

The asking price for this property is $1,750,000.

What are key features of this property?

This property features: Prime downtown Waterville location next to two new Colby College buildings.; Substantial 53,500± SF redevelopment opportunity.; Includes a large 39,599 square foot parking lot.