259 Main St Waterville, ME 04901
This exceptional 4,830 square foot single-story commercial building is situated on a 0.35-acre lot in the heart of Waterville, Maine. Ideally suited for a variety of retail or flex uses, this property boasts significant advantages for any discerning business owner. The building features 480 amp, 3-phase power, ensuring ample capacity for diverse operational needs. A recently installed (2020) rubber roof provides long-term durability and peace of mind, while a convenient overhead door at the rear facilitates efficient loading and unloading of goods. Ample parking is provided by a 25+ space paved lot, complemented by additional outdoor storage space. High ceilings within the warehouse area offer versatile storage and operational flexibility. The property is being sold vacant, allowing for immediate customization to suit specific business requirements. A Level 1 Environmental Site Assessment is available for review by prospective buyers. Finally, its location within the Commercial - A (C-A) zone of Waterville allows for a wide range of commercial and even residential uses, presenting significant long-term development potential. This is a rare opportunity to acquire a well-maintained, versatile commercial property in a thriving downtown location. The asking price is $349,000.
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Grondin's Certified Cleaners (Bike/Boat/Book/etc) Store
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
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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.