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Flex Building with Showroom
For Sale
$300,000

171 College Avenue, Waterville, ME 04901

CC-zoned property features office space, a garage bay, full basement, and on-site parking.

Property Size4,800 SF
Lot Size0.95 Acres
Days on Market343

Property Features for 171 College Avenue

General Information

Standard status Active
Size 4,800 SF
Lot size 0.95 Acres
Property subtype Commercial
Zoning CC

Additional Details

Highway Access Yes

Taxes and HOA fees

Annual Taxes $3,507

Building Details

Building Size 4,800 SF
Year Built 1930
Buildings 1
Listing Agency: Portside Real Estate Group
Listed By: Tiffany Masse
Source: Startpoint
Added: Aug 29, 2025 Changed: Aug 4 Last Checked: Aug 5 at 2:21PM

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 Portside Real Estate Group

Investment Insights

Based on property information with market context.

This flex property on College Avenue occupies .95 acres and includes a building configured for multiple commercial functions. The interior provides a large open showroom, a private office, an oversized garage bay, and a full basement. The property also includes on-site parking for customers and staff.

Located in Waterville, the property offers access to I-95 and frontage along College Avenue. Its building layout combines showroom, office, garage, and storage-related areas within one commercial asset. The structure was built in 1930 and is zoned CC.

Key Highlights

  • .95‑acre parcel on College Avenue
  • Large open showroom with private office
  • Oversized garage bay and full basement

Property Analytics

Current Use

Grass Eaters Lawn ... Landscaping

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Electrical Service Pharmacy 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

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

134
Businesses Nearby
Balanced
Demand for This Use

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?
Flex space - CC-zoned property features office space, a garage bay, full basement, and on-site parking.
Where is this flex space located?
The property is located at 171 College Avenue Waterville, ME.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: .95‑acre parcel on College Avenue; Large open showroom with private office; Oversized garage bay and full basement
More about this property
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