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    44-46 Elm St Waterville, ME 04901

    Sponsored
    For Sale
    $599,900

    Prime Waterville Office Space, 10,287 SF

    Property size:
    10,287 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional commercial property, located at 44-46 Elm Street in Waterville, Maine, presents a unique investment opportunity. Priced at $599,900, this 10,287 square foot building sits on a 0.52-acre lot and offers ample space for a variety of commercial uses. Previously occupied by the Marden Dubord Law Office, the building boasts substantial office and conference room space, ideal for a growing business or a company seeking to relocate to a central Waterville location. The property's convenient location provides easy access to Kennedy Memorial Drive and Silver Street, ensuring excellent visibility and accessibility for clients and employees. With its generous square footage and ample parking, this property is well-suited for businesses requiring significant space and convenient parking for staff and visitors. The building's history as a successful law office speaks to its suitability for professional office use, but its adaptable layout could accommodate a range of commercial ventures. This is a rare opportunity to acquire a substantial commercial property in a desirable Waterville location. The property is situated in Kennebec County, Maine, with a zip code of 04901. The address is 44-46 Elm Street. The property consists of one unit. This is a prime opportunity for investors seeking a strong return on investment in a thriving Maine community.

    Property Features for 44-46 Elm St

    General Information

    Property type
    Land
    Square Feet
    10,287 SF
    Lot Size
    22,651 SF

    Building Details

    Units
    1

    HighLights

    • $599,900 asking price
    • 10,287 square foot office and land property
    • Located at 44‑46 Elm Street, Waterville, ME 04901
    • 0.52‑acre lot size
    • One unit available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Waterville
    County
    Kennebec
    State
    Maine
    Longitude
    -69.6343377
    Latitude
    44.5492247

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    FAQs

    What type of property is this?
    Land - Prime Waterville Office Space, 10,287 SF
    Where is this land located?
    The property is located at 44-46 Elm St Waterville, ME.
    What is the asking price?
    The asking price for this property is $599,900.
    What are key features of this property?
    This property features: $599,900 asking price; 10,287 square foot office and land property; Located at 44-46 Elm Street, Waterville, ME 04901
    Request Owner's contact information
    44-46 Elm 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
    44-46 Elm St Waterville, ME 04901
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