Redevelopment Opportunity in Waterville,
For Sale
Contact for pricing
6 Main Place, Waterville, ME 04901
Commercial land suitable for redevelopment with historic tax credit eligibility.
Property Size37,118 SF
Price / SF$19.53
Days on Market931
Property Features for 6 Main Place
General Information
Standard status
Active
Size
37,118 SF
Property subtype
Multifamily
Zoning
Commercial A (CA)
Investment Type
Redevelopment
Building Details
Year Built
1928
Units
40
Listing Agency:
The Dunham Group
Listed By:
Frank O'Connor · License #ME DB209748
Source:
Crexi
Added: Feb 13, 2024
Changed: Aug 31
Last Checked: Aug 31 at 4:56AM
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 The Dunham Group
Investment Insights
Based on property information with market context.
This commercial land parcel, encompassing 37118 square feet, presents a redevelopment opportunity. Located in Waterville, Maine, the property is eligible for historic tax credits. A preliminary architectural survey suggests the feasibility of constructing 40 residential units on the site. The property is particularly well-suited for Low Income Housing Tax Credits. An eligibility letter regarding Historic Tax Credits is available upon request.
Key Highlights
- Redevelopment opportunity eligible for historic tax credits.
- Preliminary architectural survey indicates feasibility for 40 residential units.
- Perfect for Low Income Housing Tax Credits.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
884
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Commercial land suitable for redevelopment with historic tax credit eligibility.
Where is this commercial land located?
The property is located at 6 Main Place Waterville, ME.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: Redevelopment opportunity eligible for historic tax credits.; Preliminary architectural survey indicates feasibility for **40 residential units**.; Perfect for Low Income Housing Tax Credits.
