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Mixed-Use Building with Storefronts
New
For Sale
$425,000

9-11 Water Street, Waterville, ME 04901

Commercial Sale, Waterville, ME

Property Size13,036 SF
Lot Size0.67 Acres
Price / SF$32.60
Days on Market3

Property Features for 9-11 Water Street

General Information

Property type Commercial Sale
Property subtype Retail
Zoning Commercial
Lot features Downtown
Standard status Active
Size 13,036 SF
Lot size 0.67 Acres

Additional Details

Mixed-Use Components retail, residential, workshop

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 13022

Building Details

Year built 1876
Listing Agency: Keller Williams Realty
Listed By: Kevin Fletcher
Added: Oct 26 Last Checked: Oct 28 at 3:06AM
MLS# 1685659

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.

Rey
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Investment Insights

Based on property information with market context.

This 13,036-square-foot mixed-use property combines two ground-floor commercial storefronts with three apartments above: one three-bedroom unit, one one-bedroom unit, and an owner’s unit. An attached rear garage and shop adds 1,488 square feet, with finished utility areas. The building dates to 1876 and has commercial zoning.

The flat roof was replaced in 2023. Heating and cooling systems include oil-fired hot-water baseboards, heat pumps, and supplemental gas heat.

Key Highlights

  • 13,036‑square‑foot mixed‑use property with commercial zoning
  • Two ground‑floor storefronts
  • Three upper‑level apartments: one 3‑bedroom, one 1‑bedroom, and an owner’s unit

Property Analytics

Who owns this building? See the owner, sales and loan history
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Current Use

Storefront properties

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Storage Facility Home Appliance Store Veterinary Clinic (Bike/Boat/Book/etc) Store

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

3
Residential units
Multi-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

855
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Two commercial spaces, three apartments, and an attached garage/shop bring business and residential uses together.
Where is this mixed-use property located?
The property is located at 9-11 Water Street Waterville, ME.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: 13,036‑square‑foot mixed‑use property with commercial zoning; Two ground‑floor storefronts; Three upper‑level apartments: one 3‑bedroom, one 1‑bedroom, and an owner’s unit
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