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Nicely Renovated 4-Office Suite
For Sale
$250,000

168 College Avenue, Waterville, ME 04901

COMMERCIAL - Waterville, ME

Property Size3,510 SF
Lot Size0.20 Acres
Price / SF$71.23
Days on Market27

Property Features for 168 College Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning R-3
Rooms Basement
Interior features Storage
Basement Unfinished, Full
Lot features Near Turnpike/ Interstate, Near Airport, Business District, Near Shopping
Standard status Active
Size 3,510 SF
Lot size 0.20 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 2615

Utilities

Sewer type Public Sewer
Heating system Zoned, Hot Water(Heating), Baseboard, Oil
Water source Public

Amenities

kitchen
full bath
enclosed porch

Building Details

Year built 1930
Number of units 1
Flooring type Carpet, Wood, Composition
Building materials Wood Frame, Wood Siding
Roof type Shingle
Additional Structures Storage
Listing Agency: Coldwell Banker Plourde Real Estate · Coldwell Banker Real Estate
Listed By: Judith Williams
Added: Jul 11 Changed: Aug 4 Last Checked: Aug 6 at 7:06AM
MLS# 1667696

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.

Nicely renovated office building featuring four office spaces, a kitchen, a full bath, and an enclosed porch. Interior features include storage, with flooring that includes carpet, wood, and composition. The building includes a basement, and the roof is shingle. Construction is wood frame with wood siding, and heating is provided by oil with baseboard, zoned hot water heat.

Set on a 0.2-acre lot at 168 College Avenue in Waterville, ME. Water service is public, and sewer is public sewer.

The property is zoned R-3, and the zoning allows commercial or residential use, supporting a range of business and home-business setups.

Key Highlights

  • Four office spaces plus kitchen and full bath
  • Enclosed porch
  • 0.2‑acre lot

Property Analytics

Current Use

Maine Energy Pros, ... General Contractor

Suggested Use

Top Pick Real Estate Agency Electrical Service Bakery Pharmacy Garden Center Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Office units

Location Intelligence

Trade Area within ½ mile

157
Businesses Nearby

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

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Renovated building offers four office spaces plus kitchen, bath, and enclosed porch under R-3 zoning.
Where is this office units located?
The property is located at 168 College Avenue Waterville, ME.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Four office spaces plus kitchen and full bath; Enclosed porch; 0.2‑acre lot
More about this property
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