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Mixed-Use Building with Residence
For Sale
$299,000

225 Main Street, Waterville, ME 04901

Street-level commercial space is paired with a vacant upper residential unit.

Property Size3,398 SF
Price / SF$87.99
Days on Market201

Property Features for 225 Main Street

General Information

Standard status Active
Size 3,398 SF
Property subtype Commercial / Mixed Use
Zoning CA

Taxes and HOA fees

Annual Taxes $4,133

Amenities

None, Heat Pump
Hot Water, Heat Pump, Baseboard
2
Full, Unfinished
Tile, Laminate, Carpet
No
Yes
Brick/Mortar
Accessible Approach with Ramp
.00
Shingle
Composition, Wood Frame

Building Details

Year Built 1890
Listing Agency: NextHome Experience
Listed By: Racheal Pasqual
Source: Compass
Added: Feb 10 Changed: Aug 30 Last Checked: Aug 30 at 8:44AM

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 NextHome Experience

Investment Insights

Based on property information with market context.

This 3,398-square-foot mixed-use property at 225 Main Street combines a street-level commercial area with a vacant residential unit above. The upper unit can be occupied or leased, while the commercial component provides space for an operating business. The building was constructed in 1890 and is zoned CA.

Located in downtown Waterville, the property is near restaurants, shops, and other local amenities. Building features include heat pump, hot water, and baseboard systems, along with tile, laminate, and carpet finishes. The property also includes an accessible approach with ramp, brick/mortar construction, shingle exterior materials, and a full unfinished area.

Key Highlights

  • 3,398‑square‑foot mixed‑use property at 225 Main Street
  • Street‑level commercial area with vacant residential unit above
  • CA zoning

Property Analytics

Current Use

Father Jimmy's Clothing & Fashion Store Persona Tattoo & Piercing Shop

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Storage Facility HVAC Service Parking Lot & Garage

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

Location Intelligence

Trade Area within ½ mile

884
Businesses Nearby
76k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 57% Dining 32% Apparel 9% Home Improvements & Furnishings 1%
Dollar Tree Shops & Services
17,237 visits/mo 0.4 miles
Burger King Dining
15,546 visits/mo 0.1 miles
Mobil Shops & Services
10,194 visits/mo 0.1 miles
Dunkin' Donuts Dining
8,626 visits/mo 0.1 miles
Goodwill Apparel
7,194 visits/mo 0.5 miles

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

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Mixed-use property - Street-level commercial space is paired with a vacant upper residential unit.
Where is this mixed-use property located?
The property is located at 225 Main Street Waterville, ME.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: 3,398‑square‑foot mixed‑use property at 225 Main Street; Street‑level commercial area with vacant residential unit above; CA zoning
More about this property
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