44-46 Elm St Waterville, ME 04901
This exceptional commercial property, located at 44-46 Elm Street in Waterville, Maine, presents a unique investment opportunity. Priced at $599,900, this 10,287 square foot building sits on a 0.52-acre lot and offers ample space for a variety of commercial uses. Previously occupied by the Marden Dubord Law Office, the building boasts substantial office and conference room space, ideal for a growing business or a company seeking to relocate to a central Waterville location. The property's convenient location provides easy access to Kennedy Memorial Drive and Silver Street, ensuring excellent visibility and accessibility for clients and employees. With its generous square footage and ample parking, this property is well-suited for businesses requiring significant space and convenient parking for staff and visitors. The building's history as a successful law office speaks to its suitability for professional office use, but its adaptable layout could accommodate a range of commercial ventures. This is a rare opportunity to acquire a substantial commercial property in a desirable Waterville location. The property is situated in Kennebec County, Maine, with a zip code of 04901. The address is 44-46 Elm Street. The property consists of one unit. This is a prime opportunity for investors seeking a strong return on investment in a thriving Maine community.
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
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.