Freestanding Drive-Through
New
For Sale
Contact for pricing
161A College Avenue, Waterville, ME 04901
Freestanding commercial building includes existing drive-through infrastructure and sits on a double lot.
Property Size992 SF
Lot Size0.52 Acres
Price / SF$452.62
Days on Market7
Property Features for 161A College Avenue
General Information
Standard status
Active
Size
992 SF
Class
B
Total Parking Spaces
40
Lot size
0.52 Acres
Property subtype
Retail
Investment Type
Value Add
Site & Location
Drive-Thru
Yes
Road Access
Yes
Building Details
Year Built
1950
Buildings
1
Stories
1
Units
1
Tenancy
Single
Listing Agency:
Keller Williams Realty
(207) 756-2063
Listed By:
Edward Baldacci · License #BA930083
Source:
Crexi
Added: Aug 5
Changed: Aug 9
Last Checked: Aug 10 at 2:41PM
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 Keller Williams Realty
Investment Insights
Based on property information with market context.
The property includes a freestanding quick-service restaurant building constructed in 1950, with existing drive-through infrastructure and an approximately 0.52-acre double lot. The site configuration provides parking and internal circulation, while the excess land may support future expansion or an additional commercial building subject to municipal approvals.
Located at 161A College Avenue in Waterville, the property has direct frontage on College Avenue and is near Thomas College, Colby College, Inland Hospital, and MaineGeneral Health. The surrounding area includes established retail and residential development, supporting a range of commercial applications identified for the site, including restaurant, coffee, office, financial, and retail uses.
Located at 161A College Avenue in Waterville, the property has direct frontage on College Avenue and is near Thomas College, Colby College, Inland Hospital, and MaineGeneral Health. The surrounding area includes established retail and residential development, supporting a range of commercial applications identified for the site, including restaurant, coffee, office, financial, and retail uses.
Key Highlights
- Approximately 0.52‑acre double lot
- Freestanding quick‑service restaurant building constructed in 1950
- Existing drive‑through infrastructure
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
134
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Drive through restaurant - Freestanding commercial building includes existing drive-through infrastructure and sits on a double lot.
Where is this drive through restaurant located?
The property is located at 161A College Avenue Waterville, ME.
What is the asking price?
The asking price for this property is $449,000.
What are key features of this property?
This property features: Approximately 0.52‑acre double lot; Freestanding quick‑service restaurant building constructed in 1950; Existing drive‑through infrastructure
