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    Waterville, ME Office Spaces for Sale

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    Mixed-Use Office Suites with Canopy
    Updated: Jun 11
    Mixed-Use Office Suites with Canopy

    120 Drummond Avenue, Waterville, ME 04901

    $325,000
    2,908 sqft 1.92 AC lot
    Commercial property on 1.92 acres, formerly home to the American Legion Hall
    Three private office/mixed‑use suites with a versatile layout
    Spacious outdoor canopy for gatherings and events
    Metal roof and metal‑clad construction; flooring includes carpet, vinyl, and concrete
    Utilities include well water and public sewer
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    This listing looks promising.

    Here's a quick look at some key insights for

    120 Drummond Avenue, Waterville, ME 04901

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    • Est. Cap Rate

      5.7%
      NOI ÷ price

    • Est. NOI

      $18K
      Annual

    • Price @ 7% Cap

      $262K
      Suggested

    • Property Type

      Exempt
      Built 1976
    View Property Analytics
    Medical Office Suite with Exam Rooms
    Updated: Jun 16
    Medical Office Suite with Exam Rooms

    13 Railroad Square, Waterville, ME 04901

    $450,000
    4,160 sqft 0.26 AC lot
    Over 4,100 SF commercial space at 13 Railroad Square, Suite 2, previously operated as a medical office.
    Configured with 10 exam rooms plus a laboratory, supply room, and full kitchen.
    Includes 2 private offices and a conference room for additional professional workspace.
    Central air cooling and forced‑air heating with oil fuel; energy‑efficient HVAC noted.
    Public water and public sewer, with shingle roof and tile and laminate flooring.
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    Four-Story Historic Commercial Building
    Four-Story Historic Commercial Building

    99 Main Street, Waterville, ME 04901

    $650,000
    13,413 sqft 0.15 AC lot

    Four-story commercial building formerly the Al Corey Music Center on Main Street, offered for sale in Waterville.

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    Office Building with Conference Space
    Office Building with Conference Space

    44-46 Elm Street, Waterville, ME 04901

    $499,000
    10,287 sqft 0.52 AC lot

    Office and conference room space with ample parking, suitable for professional and administrative uses in Waterville.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Renovated Office Building with Four Offices
    Renovated Office Building with Four Offices

    168 College Avenue, Waterville, ME 04901

    $258,800
    3,510 sqft 0.20 AC lot

    Renovated office building offering four office spaces, a kitchen, full bath, and enclosed porch.

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    Medical Office Building with Apartments
    Medical Office Building with Apartments

    166 Silver Street, Waterville, ME 04901

    $374,900
    4,664 sqft 0.23 AC lot

    Former optometrist office with a flexible layout, recent updates, and two upstairs apartments plus private deck.

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    Medical Office Condo Unit
    Medical Office Condo Unit

    325 Kennedy Memorial Drive, Waterville, ME 04901

    $49,900
    893 sqft 0.23 AC lot

    Condo unit with two exam rooms and waiting area, restricted to medical office use by the association.

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    Three-Story Mixed-Use Redevelopment
    Three-Story Mixed-Use Redevelopment

    155 - 165 Main St, Waterville, ME 04901

    $1,750,000
    53,500 sqft

    Three-story mixed-use site with two adjacent buildings and a rear parking lot, positioned near Colby College expansion.

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    Turnkey Medical Office Building
    Turnkey Medical Office Building

    174 Kennedy Memorial Dr, Waterville, ME 04901

    $495,000
    4,840 sqft

    Standalone medical office building with an existing healthcare layout, well suited for an owner-user or medical-focused investor.

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    Downtown Waterville Redevelopment Opportunity
    Downtown Waterville Redevelopment Opportunity

    155-165 Main St, Waterville, ME

    $1,750,000
    53,500 sqft 0.42 AC lot

    53,500 SF redevelopment opportunity in revitalizing downtown Waterville.

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    Historic 4-Story Waterville Building
    Historic 4-Story Waterville Building

    99 Main St, Waterville, ME

    $650,000
    13,413 sqft 0.15 AC lot

    Four-story commercial building in downtown Waterville, Maine.

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    Renovated Office Building with Four Suites
    Renovated Office Building with Four Suites

    168 College Avenue, Waterville, ME 04901

    $258,800
    3,510 sqft

    Renovated property with four office spaces plus kitchen, full bath, and enclosed porch for flexible business or home use.

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    Multi-Tenant Office Building For Sale
    Multi-Tenant Office Building For Sale

    2 Park St, Waterville, ME 04901

    $229,900
    6,211 sqft

    Fully occupied office building near downtown Waterville with parking.

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    Waterville Office Building For Sale
    Waterville Office Building For Sale

    44-46 Elm Street, Waterville, ME 04901

    $499,000
    10,287 sqft 0.52 AC lot

    Over 10,000 SF of office and conference room space.

    View details
    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 14 Active listings in Waterville, ME, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 58 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Versatile Commercial Building with Gym
    Versatile Commercial Building with Gym

    99 Easy Street, Canaan, ME 04924

    $295,000
    8,056 sqft 25.00 AC lot

    Commercial building offering multiple office spaces and a full gymnasium across 8,056 square feet.

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    Versatile 2-Bedroom Office Residence
    Versatile 2-Bedroom Office Residence

    347 Civic Center Drive, Augusta, ME 04330

    $349,000
    1,490 sqft 1.50 AC lot

    2-bedroom, 1-bath building with an additional pad site previously used for a garage.

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    Multi-Use Commercial Building with Gym
    Multi-Use Commercial Building with Gym

    99 Easy Street, Canaan, ME 04924

    $315,000
    8,056 sqft 25.00 AC lot

    Multiple office spaces and a full gymnasium support flexible business and training uses on a large Canaan property.

    View details
    Medical Office Building For Sale
    Medical Office Building For Sale

    21 Enterprise Dr, Augusta, ME

    $6,900,000
    18,407 sqft 3.77 AC lot

    Class A medical office building fully leased to MaineGeneral Medical

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Flat Multi-Use Commercial Land
    Flat Multi-Use Commercial Land

    245 Main Street, Fairfield, ME 04937

    $150,000
    1,978 sqft 0.59 AC lot

    Flat, highly visible commercial lot with city water and sewer, zoned Multi Use.

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    Fairfield Commercial Land For Sale
    Fairfield Commercial Land For Sale

    3 Evergreen Drive, Fairfield, ME 04937

    $249,000
    2.25 AC lot

    2.25 acre commercial lot with excellent visibility.

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    Land Near Maine General Hospital
    Land Near Maine General Hospital

    490-497 Old Belgrade Road, Augusta, ME 04330

    $179,000

    Land available near Maine General Hospital on Old Belgrade Road.

    View details
    Corner Commercial Development Lot
    Corner Commercial Development Lot

    595-597 Civic Center Drive, Augusta, ME 04330

    $875,000
    2,572 sqft 1.10 AC lot

    PD-zoned commercial land with existing buildings, public water and sewer available, and multiple approved use categories.

    View details

    Off-Market Properties in Waterville, ME

    Consider similar Off-Market properties in Waterville, ME. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    31-33 Temple St
    OFFICE BUILDING

    31-33 Temple St, Waterville, ME 04901

    Value Estimation by Request
    2,280 sqft 0.06 AC lot
    View details
    45 Silver St
    OFFICE BUILDING

    45 Silver St, Waterville, ME 04901-6515

    Value Estimation by Request
    2,463 sqft 0.34 AC lot
    View details
    2 School St
    OFFICE BUILDING

    2 School St, Waterville, ME 04901-7537

    Value Estimation by Request
    3,734 sqft 0.23 AC lot
    View details
    153-155 Main St
    OFFICE BUILDING

    153-155 Main St, Waterville, ME 04901

    $735,000
    Estimated value
    15,095 sqft 0.21 AC lot
    View details
    157 Silver St
    OFFICE BUILDING

    157 Silver St, Waterville, ME 04901-5813

    Value Estimation by Request
    2,517 sqft 0.78 AC lot
    View details
    149 Silver St
    OFFICE BUILDING

    149 Silver St, Waterville, ME 04901-5813

    Value Estimation by Request
    3,736 sqft 0.54 AC lot
    View details
    319 Main St
    CONDOMINIUM OFFICES

    319 Main St, Waterville, ME 04901-5288

    Value Estimation by Request
    3,006 sqft 0.67 AC lot
    View details
    325 Kennedy Memorial Dr, Unit 1C
    CONDOMINIUM OFFICES

    325 Kennedy Memorial Dr, Waterville, ME 04901-4517

    Unit 1C
    Value Estimation by Request
    903 sqft 0.23 AC lot
    View details
    2 Park St
    OFFICE BUILDING

    2 Park St, Waterville, ME 04901

    Value Estimation by Request
    3,248 sqft 0.21 AC lot
    View details
    57 Silver St
    MEDICAL BUILDING

    57 Silver St, Waterville, ME 04901-6515

    $625,000
    Estimated value
    4,580 sqft 0.31 AC lot
    View details

    Waterville, ME Office Spaces Market Trends and Statistics

    Explore 72 office spaces for sale in Waterville, ME, showcased through 14 active listings on our real estate platform. These investment opportunities span a total of 185,096 square feet of properties for sale, with an estimated market value of $8,240,300.

    Sale prices for office spaces in Waterville, ME start at $49,900, averaging $588,592, and reaching up to $1,750,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Office Units 10
    Office buildings 9
    Medical Office Space 5
    Creative space 1

    Demographics Overview

    Population 27K
    Population Growth (5Y) +2.2%
    Median Household Income $54,122
    College Educated 21.7%

    High-Yield Neighborhoods for Investment

    Identify Waterville submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    04901 $559.5K

    Taxes & Financing

    Tax Rate (average for all types) 1.82%
    Property Tax per SF $34.09 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Kennebec County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Kennebec County

    Residential Income

    Property Size Breakdown

    The majority of commercial real estate listings in Waterville fall within the 10,000 to 25,000 square foot range.

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