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Property profile & analytics
OFF-MARKET
Commercial land

327 Main St Waterville, ME 04901-4922

6.6 ac lot
Individually Owned 1-yr Hold Free & Clear
Property ID
US42-0060550
Property summary
AI-generated overview

This exceptional 6.6-acre commercial development site is ideally located on Main Street in Waterville, Maine, offering unparalleled visibility and high traffic exposure. The property, identified as 327 Main Street, boasts a prime location within Waterville's bustling retail corridor, presenting a unique opportunity for a variety of commercial ventures. With a permitted Commercial - C zoning classification, the possibilities are extensive, allowing for diverse development plans. The asking price for this remarkable property is $135,000. The site's substantial size provides ample space for ambitious projects, while its prominent Main Street address ensures maximum exposure to potential customers. Given its location and zoning, this property is well-suited for a range of commercial uses, making it an attractive investment for developers and entrepreneurs seeking a high-impact location in a thriving Maine community. The property's address is 327 Main Street, Waterville, ME 04901, and is situated in Kennebec County. While the square footage is listed as 1, this is likely a placeholder and refers to the building footprint, not the land area. The true value lies in the expansive 6.6 acres of land available for development. This presents a rare opportunity to acquire a significant parcel in a desirable location with excellent growth potential.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 6.6 ac (287,496 SF)
APN WAVL M:057 B:099
UPID US42-0060550
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Pendleton Pt Hotels Water · 1 yrs held
Pendleton Pt Hotels Water
since 2024
3 recorded transactions
2024
$140,000
2008
Price N/A
2006
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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