10 Water St Waterville, ME 04901
For Lease
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The Hathaway Creative Center offers exceptional office and retail space in downtown Waterville, Maine. This Class A property boasts a total of 230,000 square feet across a five-story building situated on 4.19 acres of land. The building features a single structure with 378 parking spaces and elevators for convenient access. Multiple tenancy options are available, with spaces ranging from a minimum of 439 square feet to a maximum contiguous space of 10,094 square feet. First-floor office and retail suites (approximately 1,000-3,000 square feet) feature high ceilings and exposed brick, offering a unique and attractive aesthetic. The third floor provides approximately 10,094 square feet of Class A office space with stunning water views and abundant natural light from three sides. The property is zoned DI - Downtown Industrial and its location along the Kennebec River is less than two miles from Colby College and the Maine Turnpike. Established tenants include MaineGeneral Health, Raymond James, and the Central Maine Growth Council, underscoring the building's desirability and strong tenant base. Well-appointed common areas further enhance the professional atmosphere. The property's APN is Map 44, Block 34, located in Kennebec County within the Augusta/Waterville submarket. Lease rates are available upon request.
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Unfunded List Charitable Organization Social Service Agency
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Kennebec Region Health Alliance Medical Clinic
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MaineGeneral Community Care Nursing Home
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PrimePro Insurance ME Insurance Agency
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Employee Assistance Program (EAP) Physician
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.