59 Main St, Waterville, ME 04901

Building Details

Year Built

1900

Listing office New England Realty Group LLC

Listing date Mar 24, 2026

Source Crexi

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Overview

This mixed-use property, featuring retail and multifamily spaces, underwent major renovations in 2020, presenting a turnkey investment opportunity with no significant deferred maintenance expected for years. The property offers a retail space on Main Street with excellent visibility. The fully furnished second and third-floor apartments have been successfully operated as short-term rentals, demonstrating strong demand, a proven track record, and future bookings extending into 2027. The apartments are considered a guest favorite on Airbnb, with seventeen 5-star reviews. The property is ideally situated across from the Opera House and minutes from Colby College and Thomas College, appealing to visitors, college parents, and downtown guests. Located in the heart of Waterville's expanding downtown, this property represents a strong mixed-use investment opportunity with multiple income streams. The property size is 3396 square feet.

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Hotel & Motel

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Waterville

County

Kennebec

State

Maine

Longitude

-69.6296057

Latitude

44.5493578

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FAQs

What type of property is this?

Mixed-use property - Renovated mixed-use property with retail and short-term rental income.

Where is this mixed-use property located?

The property is located at 59 Main St Waterville, ME.

What is the asking price?

The asking price for this property is $559,900.

What are key features of this property?

This property features: Turnkey investment property with major renovations completed in 2020.; Retail space on Main Street with excellent visibility.; Fully furnished apartments on the second and third floors.