$1,150,000

145-147 Main St Waterville, ME 04901

Estimated payment $6,550/month

-- Bed
5 Baths
9,854 Sq Ft
$117 Price per Sq Ft

Highlights

  • Scenic Views
  • Cooling Available
  • Hot Water Heating System
  • No HOA
  • Forced Air Heating System
  • Concrete Flooring

About This Home

Step into a rare investment opportunity in the heart of Waterville—an established commercial building offering high visibility, strong traffic counts, and multiple income streams. This well-maintained property is currently home to **Waterville House of Pizza** (*business also available for sale—see MLS #1639546*) and **Soul Revival**, two long-standing tenants that benefit from excellent exposure along Main Street. The second floor features **four residential units**, providing steady rental income and versatile living options. The layout includes **two 1-bedroom apartments**, **one 3-bedroom unit**, and a **spacious 2-bedroom owner's unit overlooking Main Street**—ideal for an owner-occupant or continued use as an income-producing rental. With a prime in-town location close to Colby College, downtown revitalization, shopping, and major travel routes, this property is perfectly positioned for investors seeking both stability and growth. Whether you expand its current uses or continue operating as a mixed-use commercial hub, the possibilities here are wide open. A standout chance to own a cornerstone Waterville property with strong tenant history and exceptional potential. Opportunities like this don't come along often.

Listing Agent

Elisha Hardy

Berkshire Hathaway HomeServices Northeast Real Estate Listed on: 12/11/2025

Berkshire Hathaway HomeServices Northeast Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,994

Year Built

  • Built in 1870

Lot Details

  • 2,614 Sq Ft Lot

Home Design

  • Membrane Roofing

Interior Spaces

  • 5 Full Bathrooms
  • 9,854 Sq Ft Home
  • 2-Story Property
  • Concrete Flooring
  • Scenic Vista Views
  • Interior Basement Entry

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heat Pump System
  • Hot Water Heating System

Listing and Financial Details

  • Tax Lot 413
  • Assessor Parcel Number 145147mainstwaterville04910

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Gross Income $10,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,994

Year Built

Built in 1870

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.06
  • MLS Status: Active
  • Above Grade Finished Sq Ft: 9854.0
  • Architectural Style: Other
  • Garage Yn: No
  • Unit Levels: Multi-Level
  • Building Stories: 2
  • Year Built: 1870
  • Contract Information:List PriceSqFt: 116.7
  • Property Information:Seasonal: No
  • Water Info:Water View2: No
  • Property Information:Short Sale Continue to Show: No
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Interior Entry
  • Full Bathrooms: 5
  • Flooring: Concrete, Other
  • Stories: 2

Exterior Features

  • Lot Features: Business District
  • View: Scenic
  • Waterfront: No
  • Roof: Membrane

Garage/Parking

  • Attached Garage: No

Utilities

  • Cooling: Central Air, Other, Heat Pump
  • Cooling Y N: Yes
  • Heating: Forced Air, Heat Pump, Hot Water
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 2613.6
  • Parcel #: 145147mainstwaterville04910
  • Zoning: CA

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 10100.0

Tax Info

  • Tax Annual Amount: 5994.0
  • Tax Lot: 413

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,994 $352,600 $68,100 $284,500
2024 $4,196 $209,800 $66,100 $143,700
2023 $4,175 $209,800 $66,100 $143,700
2022 $3,487 $134,900 $7,100 $127,800
2021 $2,940 $115,300 $7,100 $108,200
2020 $2,970 $115,300 $7,100 $108,200
2019 $2,970 $115,300 $7,100 $108,200
2018 $2,914 $115,300 $7,100 $108,200
2017 $2,690 $115,300 $7,100 $108,200
2016 $2,629 $115,300 $7,100 $108,200
2015 $3,697 $133,000 $7,100 $125,900
2014 $3,644 $133,000 $7,100 $125,900
2013 $4,044 $147,600 $7,100 $140,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/11/2025 12/11/25 For Sale $1,150,000 -- $117 / Sq Ft
Source: Maine Listings

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $135,000 Commercial
Source: Public Records

Source: Maine Listings

MLS Number: 1646269

Maine Listings

APN: WAVL-000048-000000-000413