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    Waterville, ME
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    Waterville, ME Restaurants for Sale

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    Winslow, ME Fairfield, ME Benton, ME
    Downtown Waterville Mixed-Use Opportunity
    $175,000
    13,793 SF
    Downtown Waterville Mixed-Use Opportunity

    45 Water Street, Waterville, ME 04901

    Value-add investment with multiple income streams and significant upside.
    • Prime downtown Waterville location with high foot traffic.
    • Significant value‑add investment opportunity with multiple income streams.
    • Large, open ground‑level commercial space suitable for various uses.
    • Potential for additional unit creation on upper floors.
    • Includes two existing apartments providing immediate income.
    Updated: May 19
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    Waterville Multi-Unit Commercial Building
    $275,000
    3,566 SF
    Waterville Multi-Unit Commercial Building

    40 Ticonic Street, Waterville, ME 04901

    Repurposed multi-unit building with commercial space and apartment income.
    • Multi‑unit property in the north end of Waterville with two apartment units above
    • First‑floor space previously used as a bakery and pizza shop (use has ended, inventory removed)
    • Some pieces of equipment to convey with the building
    • Year built 1920; wood‑frame construction with wood siding
    • Heating includes baseboard, hot water heating, and oil
    Updated: May 7
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    Repurposed Multi-Unit in Waterville, ME
    $275,000
    3,566 SF
    Repurposed Multi-Unit in Waterville, ME

    Partially new multi-unit with income potential in Waterville, Maine.

    40 Ticonic Street, Waterville, ME 04901

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    Waterville Three-Unit Building For Sale
    $275,000
    Waterville Three-Unit Building For Sale

    Three-unit building in established Waterville neighborhood, business opportunity available.

    40 Ticonic Street, Waterville, ME 4901

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    Based on your search, we've compiled 53 Potential Opportunities for your consideration. Besides 4 Active listings in Waterville, ME, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 41 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Turn-Key Restaurant Opportunity
    $349,000
    1,008 SF
    Turn-Key Restaurant Opportunity

    Fully functional, ready-to-operate restaurant setup on a key approach into downtown Farmington.

    148 Wilton Road, Farmington, ME 04938

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    Established Tavern with Rental Income
    $497,000
    2,496 SF
    Established Tavern with Rental Income

    Turnkey tavern with a three-bedroom apartment in Central Maine.

    1 Waterville Road, Skowhegan, ME 04976

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    Established Tavern with Apartment
    $497,000
    2,496 SF
    Established Tavern with Apartment

    Turnkey tavern with 3-bedroom apartment in central Maine.

    1 Waterville Road, Skowhegan, ME 04976

    View details
    Turn-Key Farmington Diner Opportunity
    $1,300,000
    4,122 SF
    Turn-Key Farmington Diner Opportunity

    Fully operational restaurant for sale with real estate and business.

    367 Wilton Rd, Farmington, ME

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Corner Commercial Development Lot
    $875,000
    2,572 SF
    Corner Commercial Development Lot

    PD-zoned commercial land with existing buildings, public water and sewer available, and multiple approved use categories.

    595-597 Civic Center Drive, Augusta, ME 04330

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    Augusta Land with River Views
    Contact for pricing
    0.22 Acres
    Augusta Land with River Views

    0.22-acre lot in Augusta, KBD2 zone, with Kennebec River views.

    Arsenal Street, Augusta, ME 04330

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    Palmyra Commercial Lot on Main
    $279,000
    202,554.00 Acres
    Palmyra Commercial Lot on Main

    4.65 acre commercial lot in high-visibility location.

    M5, L87-1 Main Street, Palmyra, ME 04965

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    Palmyra Commercial Lot on Main
    $279,000
    202,554.00 Acres
    Palmyra Commercial Lot on Main

    4.65 acre commercial lot in high-traffic Palmyra location.

    M5, L87-1 Main Street, Palmyra, ME 04965

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    Off-Market Properties in Waterville, ME

    Consider similar Off-Market properties in Waterville, ME. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    38 College Ave
    RESTAURANT
    4,785 SF Lot: 0.34 Acres
    Value Estimation by Request

    38 College Ave, Waterville, ME 04901-6105

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    77 College Ave
    RESTAURANT
    948 SF Lot: 0.19 Acres
    Value Estimation by Request

    77 College Ave, Waterville, ME 04901-5601

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    419 Kennedy Memorial Dr
    RESTAURANT
    2,400 SF Lot: 1.16 Acres
    Estimated value
    $1,300,000

    419 Kennedy Memorial Dr, Waterville, ME 04901-4518

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    72 Armory Rd
    RESTAURANT
    1,000 SF Lot: 0.31 Acres
    Value Estimation by Request

    72 Armory Rd, Waterville, ME 04901-5771

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    96 College Ave
    RESTAURANT
    1,056 SF Lot: 0.26 Acres
    Value Estimation by Request

    96 College Ave, Waterville, ME 04901-5608

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    6 Jefferson St
    RESTAURANT
    13,071 SF Lot: 2.21 Acres
    Estimated value
    $605,000

    6 Jefferson St, Waterville, ME 04901-4515

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    13 Water St
    RESTAURANT
    2,272 SF Lot: 0.37 Acres
    Value Estimation by Request

    13 Water St, Waterville, ME 04901-6553

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    333 Main St
    RESTAURANT
    3,200 SF Lot: 1.33 Acres
    Value Estimation by Request

    333 Main St, Waterville, ME 04901-4922

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    345 Main St
    RESTAURANT
    496 SF Lot: 0.47 Acres
    Value Estimation by Request

    345 Main St, Waterville, ME 04901

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    139-141 Main St
    RESTAURANT
    5,968 SF Lot: 0.05 Acres
    Value Estimation by Request

    139-141 Main St, Waterville, ME 04901

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    20 Waterville Cmns Dr
    RESTAURANT
    5,811 SF Lot: 1.85 Acres
    Estimated value
    $560,000

    20 Waterville Cmns Dr, Waterville, ME 04901-4900

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    110 Concourse W
    RESTAURANT
    2,704 SF Lot: 0.07 Acres
    Value Estimation by Request

    110 Concourse W, Waterville, ME 04901

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    40-42 College Ave
    RESTAURANT
    2,094 SF Lot: 0.36 Acres
    Value Estimation by Request

    40-42 College Ave, Waterville, ME 04901

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    35 Water St
    RESTAURANT
    2,160 SF Lot: 0.38 Acres
    Value Estimation by Request

    35 Water St, Waterville, ME 04901-6544

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    17 Temple St
    RESTAURANT
    7,032 SF Lot: 0.06 Acres
    Value Estimation by Request

    17 Temple St, Waterville, ME 04901-6628

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    161 College Ave
    RESTAURANT
    992 SF
    Value Estimation by Request

    161 College Ave, Waterville, ME 04901-5725

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    339 Main St
    RESTAURANT
    3,314 SF Lot: 1.00 Acre
    Value Estimation by Request

    339 Main St, Waterville, ME 04901-4922

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    104 Main St
    RESTAURANT
    4,144 SF Lot: 0.07 Acres
    Value Estimation by Request

    104 Main St, Waterville, ME 04901-6602

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    249 Kennedy Memorial Dr
    RESTAURANT
    4,226 SF
    Value Estimation by Request

    249 Kennedy Memorial Dr, Waterville, ME 04901-4535

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    2 Silver St, Unit 4
    RESTAURANT
    4,914 SF Lot: 0.08 Acres
    Value Estimation by Request
    Unit 4

    2 Silver St, Waterville, ME 04901-6691

    View details

    Waterville, ME Restaurants Investment Opportunities Market Analysis

    Explore 45 restaurants for sale in Waterville, ME, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 20,925 square feet of properties for sale, with an estimated market value of $725,000.

    Sale prices for restaurant properties in Waterville, ME start at $175,000, averaging $241,666, and reaching up to $275,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Conventional restaurants 3
    Bars & Pubs 1

    Demographics Overview

    Population 27K
    Population Growth (5Y) +2.2%
    Median Household Income $54,122
    College Educated 21.7%

    High-Yield Neighborhoods for Investment

    Identify Waterville submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    04901 $250K

    Taxes & Financing

    Tax Rate (average for all types) 1.82%
    Property Tax per SF $34.09 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Kennebec County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Kennebec County

    Residential Income

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