Medical Office
For Sale
$374,900
166 Silver Street, Waterville, ME 04901
Former optometrist office with a flexible layout, recent updates, and upstairs apartments with a private deck plus ample parking.
Property Size4,664 SF
Price / SF$80.38
Days on Market515
Property Features for 166 Silver Street
General Information
Standard status
Active
Size
4,664 SF
Property subtype
Commercial
Lease Term
[]
Additional Details
Multifamily Units
2
Building Details
Year Built
1920
Listed By:
Don Plourde
(207) 861-2462
Source:
Cbplourde
Added: Apr 16, 2025
Changed: Sep 11
Last Checked: Sep 11 at 12:55PM
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 Don Plourde
Investment Insights
Based on property information with market context.
This well-maintained medical office building was formerly an optometrist’s office and offers a flexible floor plan that can be adapted for a range of professional or medical uses. Recent updates throughout support a modern, functional setup.
The property includes upstairs residential units, with two apartments that provide rental income and feature a generous private deck for outdoor enjoyment. Ample onsite parking supports convenient access for clients, patients, or tenants.
Located at 166 Silver St in Waterville, ME, the combination of office space and income-producing apartments makes this property well-suited for buyers looking for a versatile layout in a high-visibility setting.
The property includes upstairs residential units, with two apartments that provide rental income and feature a generous private deck for outdoor enjoyment. Ample onsite parking supports convenient access for clients, patients, or tenants.
Located at 166 Silver St in Waterville, ME, the combination of office space and income-producing apartments makes this property well-suited for buyers looking for a versatile layout in a high-visibility setting.
Key Highlights
- Former optometrist’s office with a flexible floor plan suitable for professional or medical uses
- Recent updates throughout the property
- Upstairs includes two apartments providing a source of rental income
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
301
Businesses Nearby
Under-served
Demand for This Use
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
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Market
Vacancy Rate% for Office in Northeast region
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Former optometrist office with a flexible layout, recent updates, and upstairs apartments with a private deck plus ample parking.
Where is this medical office space located?
The property is located at 166 Silver Street Waterville, ME.
What is the asking price?
The asking price for this property is $374,900.
What are key features of this property?
This property features: Former optometrist’s office with a flexible floor plan suitable for professional or medical uses; Recent updates throughout the property; Upstairs includes two apartments providing a source of rental income
