Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    197 Main St Waterville, ME 04901-6627

    • Investment properties
    • 5,208 SF
    • 0.09 lot acres
    OFF-MARKET
    Value Estimation
    $320,000
    Last Sale
    Oct 12, 2023
    Location Intelligence
    Property ID
    US42-0390936
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Diane's Travel Agency / Travel Agency

    Property Details for 197 Main St

    Year built
    1900
    Construction
    FRAME
    Lot size
    0.09 lot acres
    Property size
    5,208 SF
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    WAVL M:048 B:388
    APU
    WAVLM048B388

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Waterville
    County
    Kennebec
    State
    Maine
    Longitude
    -69.6309
    Latitude
    44.5526
    CBSA code
    12300
    CBSA name
    AUGUSTA-WATERVILLE, ME MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $4,334
    $70,100
    $147,700
    $217,800
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      13,544 SF

      26 Monument St

      OFFICE/RESIDENTIAL (MIXED USE) • 13,544 SF
      26 Monument St, Winslow, ME 04901-7071
      View Details
    • Value Estimation by Request
      807 SF

      119 Cool St

      OFFICE/RESIDENTIAL (MIXED USE) • 807 SF
      119 Cool St, Waterville, ME 04901-5123
      View Details
    • Value Estimation by Request
      1,824 SF

      256 Augusta Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 1,824 SF
      256 Augusta Rd, Winslow, ME 04901-7166
      View Details
    • Value Estimation
      $305,000
      1,728 SF

      10 Hart Rdg Dr

      OFFICE/RESIDENTIAL (MIXED USE) • 1,728 SF
      10 Hart Rdg Dr, Waterville, ME 04901-4477
      View Details
    • Value Estimation
      $275,000
      2,796 SF

      4 Mt Pleasant St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,796 SF
      4 Mt Pleasant St, Waterville, ME 04901-6238
      View Details
    • Value Estimation
      $320,000
      1,873 SF

      145 Silver St

      OFFICE/RESIDENTIAL (MIXED USE) • 1,873 SF
      145 Silver St, Waterville, ME 04901-5813
      View Details

    Similar Nearby for Sale

    • $200,000
      2,000 SF

      Winslow Duplex with Recent Updates

      In-town Winslow duplex, updated, suitable for investment or owner-occupancy.
      29 Halifax St, Winslow, ME 04901
      View Details
    • Contact for pricing
      10.00 Acres

      Waterville Commercial Land Development

      10-Acre Site, Prime Waterville Location
      251 Kennedy Memorial Dr, Waterville, ME 04901
      View Details
    • $114,900

      Waterville Development Site For Sale

      Prime development site with commercial and industrial potential.
      125 Airport Rd, Waterville, ME 04901
      View Details
    • $1,500,000
      119,771 SF

      Waterville Redevelopment Opportunity

      Redevelopment project with approvals for mixed-use development.
      30 Chase Ave, Waterville, ME 04901
      View Details
    • $599,900
      10,287 SF

      Waterville Office Building - Prime Location

      Spacious Office Building, Ample Parking, Waterville.
      44-46 Elm St St, Waterville, ME 04901
      View Details
    • $599,900
      0.52 Acres

      Waterville Office Building - $599,900

      Prime Waterville Office Space, 10,287 SF
      44-46 Elm St, Waterville, ME 04901
      View Details

    Similar Nearby for Lease

    • $10 SF/Yr
      4,200 SF

      Downtown Waterville Office Space

      4,200 SF office suite in downtown Waterville for lease.
      180 Main St, Waterville, ME 04901
      View Details
    • $420 /Mo
      185 SF

      Landmark Building Office Space

      Office space in downtown Waterville, near the Paul J Schupf Art Center.
      88 Main St, Waterville, ME 04901
      View Details
    • $9 SF/Yr
      25,586 SF

      Waterville Retail Space For Lease

      Prime Downtown Waterville Retail, Ample Parking
      20 Concourse, Waterville, ME 04901
      View Details
    • $15 SF/Yr
      7,919 SF

      Elm Plaza Retail Spaces Available

      Three retail suites, ideal Waterville location.
      18 Elm Plz, Waterville, ME 04901
      View Details
    • $15 SF/Yr
      4,245 SF

      Retail Suites in Elm Plaza

      Retail suites for lease in Waterville's Elm Plaza.
      140 Elm Plz, Waterville, ME 04901
      View Details
    • Contact for pricing
      230,000 SF

      Hathaway Creative Center: Waterville Office Suites

      Class A office & retail space, prime Waterville location.
      10 Water St, Waterville, ME 04901
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    197 Main St
    Waterville, ME 04901-6627
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.