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    333-335 Main St Waterville, ME 04901

    Sponsored
    For Sale
    $650,000

    6.48 Acres, Main Street, $650,000

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 6.48-acre commercial land parcel presents a prime development opportunity in Waterville, Maine. Located at 333-335 Main Street, this property boasts a highly desirable location directly on a heavily traveled retail corridor, ensuring significant visibility and accessibility. The site benefits from a convenient location just off Exit 130 of the Maine Turnpike, providing easy access for commuters and customers. The property's zoning designation, CC & RB (Commercial C & Medium Density Residential District), allows for a variety of development possibilities. Surrounding businesses include well-known national chains such as Wendy's, Aspen Dental, Holiday Inn, McDonald's, O'Reilly Auto Parts, Dunkin', Taco Bell, and Bangor Savings Bank, indicating a strong and established commercial presence in the immediate vicinity. With an impressive average annual daily traffic count of 17,812 vehicles, this location offers unparalleled exposure for any commercial venture. The asking price for this significant development opportunity is $650,000. The property is owned by J&R Associates. This is a rare chance to acquire a substantial land holding in a thriving commercial area with excellent visibility and accessibility. Don't miss this opportunity to build your next successful business venture in a prime Waterville location. The property is located in Kennebec County, Maine, zip code 04901.

    Property Features for 333-335 Main St

    General Information

    Property type
    Land
    Lot Size
    282,269 SF

    HighLights

    • 6.48‑acre development site.
    • Main Street, Waterville location.
    • High‑traffic retail corridor with strong national and local co‑tenancy.
    • Conveniently located off Maine Turnpike Exit 130.
    • 17,812 AADT.
    • $650,000 sale price.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Waterville
    County
    Kennebec
    State
    Maine
    Longitude
    -69.6440011
    Latitude
    44.5772266

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    FAQs

    What type of property is this?
    Land - 6.48 Acres, Main Street, $650,000
    Where is this land located?
    The property is located at 333-335 Main St Waterville, ME.
    What is the asking price?
    The asking price for this property is $650,000.
    What are key features of this property?
    This property features: 6.48-acre development site.; Main Street, Waterville location.; High-traffic retail corridor with strong national and local co-tenancy.
    Request Owner's contact information
    333-335 Main St Waterville, ME 04901
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    Waterville, ME 04901
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    333-335 Main St Waterville, ME 04901
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