Current Price:$215,000List Date:4/11/2026Last Modified:4/11/2026
Description
Are you searching for a high-visibility location for your business or a rock solid investment in one of Waterville's busiest corridors? This property on College Avenue delivers both. With plenty of parking and a right of way onto Walnut Street, it offers unbeatable flexibility. The building has already been home to several successful businesses and is ready to be transformed into its next thriving venture. Upstairs you'll find a two bedroom apartment that's currently rented, adding steady income. Whether you want to live above your business, use the entire space for your operation, or simply secure a prime investment, this property checks the boxes. Surrounded by thriving businesses and just minutes from downtown, Colby College, Thomas College, MaineGeneral, and I-95, the location couldn't be better. The possibilities are endless whether you're an entrepreneur launching your vision, an established owner looking to expand, or an investor seeking high demand commercial real estate. Opportunities like this rarely come along. Claim your spot in one of Central Maine's most sought after locations today.
Status: ActiveOriginal List Price: 215000List Price: $215,000Current Price: $215,000
Property Information
Surveyed: YesSeasonal: NoNumber of Units: 2Total Baths: 2Total Full Baths: 2Year Built: 1930SqFt Finished Above Grade: 2363SqFt Finished Total: 2363SqFt Source: Public RecordsGarage: NoLot Size Acres +/-: 0.22Source of Acreage: Public Records
Water Info
Water Frontage: NoWater View: No
Units
# of 2 BD Units: 2
Unit 1
Lease: NoLevel: FirstSecurity Deposit: No# Full Baths: 1# of Rooms: 5# of Bedrooms: 2Dedicated Electric Meter: YesDedicated Gas Meter: NoDedicated Water Heater: NoElectric: NoHeat: NoRange: NoRefrigerator: NoSewer: NoWater: No
Unit 2
Lease: NoLevel: SecondSecurity Deposit: YesMonthly Rent: 1000# Full Baths: 1# of Rooms: 5# of Bedrooms: 2Dedicated Electric Meter: YesDedicated Gas Meter: NoDedicated Water Heater: NoElectric: YesHeat: YesRange: YesRefrigerator: YesSewer: YesWater: Yes
Property Features
Site: Level; Open; SidewalksLocation: Near Country Club; Near Golf Course; Near Shopping; Near Turnpike/InterstateRoads: PavedStyle: OtherConstruction: Wood FrameBasement: Dirt Floor; FullBasement Entry: InteriorFoundation Materials: Poured ConcreteExterior: Wood SidingRoof: ShingleHeat System: BaseboardHeat Fuel: OilWater Heater: ElectricCooling: NoneFloors: WoodDriveway: GravelParking: 11 - 20 Spaces; On SiteVehicle Storage: No Vehicle StorageElectric: Circuit BreakersGas: No GasSewer: Public SewerWater: Public