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    231 Main St Waterboro, ME 04030

    • Commercial real estate
    • 13,808 SF
    • 1.97 lot acres
    For Sale
    View listing
    $850,000
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 231 Main St

    Year built
    1949
    Lot size
    1.97 lot acres
    Property size
    13,808 SF
    Property type
    Commercial real estate

    Description

    This exceptional commercial property located at 231 Main Street in Waterboro, Maine, presents a rare investment opportunity. The portfolio comprises four buildings totaling 13,808 square feet situated on a generous 1.97-acre lot. Three of the buildings are currently occupied by established tenants: The Blue Door gift shop, Community Creations (another gift shop), and Worster Automotive. This provides a stable income stream for the new owner. The property boasts a large parking lot with ample space for customers and employees, enhanced by the convenience of two curb cuts for easy access and egress. The location on Main Street ensures high visibility and accessibility, placing the property in a prime commercial area with significant foot and vehicle traffic. This presents a unique chance to acquire a well-established, multi-tenant commercial property with strong existing income and significant growth potential. The property's size and layout offer flexibility for future expansion or adaptation to meet evolving market demands. The substantial parking area is a key advantage in a busy commercial district. This is an ideal investment for those seeking a diversified portfolio with immediate cash flow and long-term appreciation potential. The property is offered at $850,000.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Waterboro
    County
    York
    State
    Maine
    Longitude
    -70.6806
    Latitude
    43.5724

    Comparable in this City

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      4.75 Acres

      262 Main St

      Specialty properties • 6,422 SF
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      221 Main St

      Mixed-use properties • 2,277 SF
      221 Main St, Waterboro, ME 04030
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      262 Main St

      Retail properties • 6,422 SF
      262 Main St, Waterboro, ME 04030
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    • Value Estimation
      $285,000
      1,344 SF

      646 Jellerson Rd

      FINANCIAL BUILDING • 1,344 SF
      646 Jellerson Rd, East Waterboro, ME 04030
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    • Value Estimation by Request
      1.23 Acres

      232 Main St

      RETAIL STORES (PERSONAL SERVICES) • 1.23 Acres
      232 Main St, East Waterboro, ME 04030-5211
      View Details

    Similar Nearby for Sale

    • $850,000
      13,808 SF

      Waterboro Commercial Portfolio: 4 Buildings

      Prime Waterboro location, high-traffic area, excellent income potential.
      231 Main St, Waterboro, ME 04030
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    • $737,000
      2,277 SF

      Main Street Mixed-Use Property

      Waterboro, ME: Prime Commercial Opportunity
      221 Main St, Waterboro, ME 04030
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    • $2,270,000
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      Waterboro Retail Opportunity on 4.5 Acres

      Prime commercial location with multiple buildings and high traffic count.
      262 Main St, Waterboro, ME 04030
      View Details
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    231 Main St
    Waterboro, ME 04030
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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
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