Medical Office Building with
For Sale
$374,900
166 Silver Street, Waterville, ME 04901
COMMERCIAL - Waterville, ME
Property Size4,664 SF
Lot Size0.23 Acres
Price / SF$80.38
Days on Market95
Property Features for 166 Silver Street
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning
T
Rooms
Basement
Basement
Full
Lot features
Near Shopping
Standard status
Active
Size
4,664 SF
Lot size
0.23 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
4884
Utilities
Sewer type
Public Sewer
Heating system
Hot Water(Heating), Baseboard, Oil
Cooling system
Window Unit(s), Wall/Window Unit(s)
Water source
Public
Amenities
private deck
Building Details
Year built
1920
Flooring type
Laminate, Carpet, Vinyl
Building materials
Wood Frame, Vinyl Siding
Roof type
Metal
Listing Agency:
Coldwell Banker Plourde Real Estate · Coldwell Banker Real Estate
(207) 872-7650
Listed By:
Donald Plourde
(207) 861-2462
Added: May 4
Changed: Aug 4
Last Checked: Aug 6 at 6:06AM
MLS# 1621846
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.
Medical office building with a flexible floor plan that has been used as an optometrist’s office. The property includes upstairs residential units: two apartments with a generous private deck. Total size is 4,664 SF on a 0.23-acre lot. Construction features wood frame and vinyl siding with a metal roof. Interior finishes include carpet, laminate, and vinyl flooring. Heating is provided by hot water (heating) with oil and baseboard. Cooling includes wall/window units and window unit(s). Public water and public sewer support the property, and a basement is listed among the rooms.
Zoned T, the building is designed for professional and medical use while also offering rental income from the upstairs apartments. Ample onsite parking supports convenient access for clients, patients, or tenants.
This combination of a professional space below and apartments above may suit operators seeking an on-site work setup with additional residential income.
Zoned T, the building is designed for professional and medical use while also offering rental income from the upstairs apartments. Ample onsite parking supports convenient access for clients, patients, or tenants.
This combination of a professional space below and apartments above may suit operators seeking an on-site work setup with additional residential income.
Key Highlights
- 4,664 SF medical office building on a 0.23‑acre lot
- Zoned T
- Flexible layout formerly used as an optometrist’s office
Property Analytics
Property Profile
Current Use
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
Market
Vacancy Rate% for Office in Northeast region
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Well-maintained medical office with upstairs apartments and private deck, plus ample onsite 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: 4,664 SF medical office building on a 0.23‑acre lot; Zoned T; Flexible layout formerly used as an optometrist’s office
