Three-Story Mixed-Use
155 - 165 Main St Waterville, ME 04901
155 - 165 Main St, Waterville, ME, 04901
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For Sale
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Three-story mixed-use site with two adjacent buildings and a rear parking lot, positioned near Colby College expansion.
Property Size53,500 SF
Price / SF$32.71
Days on Market49
Property Features for 155 - 165 Main St
General Information
- Standard status
- Active
- Size
- 53,500 SF
- Property subtype
- Retail, Office, Mixed Use
Building Details
- Year Built
- 1870
Listing agency
The Dunham Group
(207) 773-7100
Listed by
Charles Craig · License #ME 206397
Source
Crexi
Added: Jun 4 Updated: Jul 10 at 1:52PM Checked: Jul 21 at 4:23AM
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 The Dunham Group
Investment Insights
Based on property information with market context.
This offering presents a three-story redevelopment opportunity totaling approximately 53,500± SF, featuring two adjacent buildings and a rear parking lot. The site includes a 39,599 SF parking lot and is being marketed with flexibility to repurpose the existing structures or demolish them to accommodate new construction.
Located in the heart of Downtown Waterville, the property sits next to two newly constructed Colby College buildings on Main Street. The combination of downtown positioning and direct proximity to a major institutional expansion is intended to support strong visibility and convenient access for future redevelopment.
For buyers and developers, the asset’s mixed-use redevelopment framework and on-site parking provide a practical foundation for reconfiguration, whether maintaining portions of the existing improvements or pursuing full redevelopment. The property also qualifies for significant tax credits and grant programs, which may help inform project planning and financing. Overall, it offers a workable platform for a range of investment and development strategies where downtown infill, building flexibility, and existing parking are key considerations.
Located in the heart of Downtown Waterville, the property sits next to two newly constructed Colby College buildings on Main Street. The combination of downtown positioning and direct proximity to a major institutional expansion is intended to support strong visibility and convenient access for future redevelopment.
For buyers and developers, the asset’s mixed-use redevelopment framework and on-site parking provide a practical foundation for reconfiguration, whether maintaining portions of the existing improvements or pursuing full redevelopment. The property also qualifies for significant tax credits and grant programs, which may help inform project planning and financing. Overall, it offers a workable platform for a range of investment and development strategies where downtown infill, building flexibility, and existing parking are key considerations.
Key Highlights
- 53,500± SF, three‑story redevelopment opportunity in downtown Waterville
- Includes two adjacent buildings plus a rear parking lot
- 39,599 SF parking lot on‑site
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Storefront properties
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FAQs
What type of property is this?
Mixed-use property - Three-story mixed-use site with two adjacent buildings and a rear parking lot, positioned near Colby College expansion.
Where is this mixed-use property 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: 53,500± SF, three‑story redevelopment opportunity in downtown Waterville; Includes two adjacent buildings plus a rear parking lot; 39,599 SF parking lot on‑site
