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Listed by Kevin Fletcher Keller Williams Realty
$425,000
Est. payment /mo
13,036 SqFt
New
9-11 Water ST Waterville, ME 04901
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Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 13,036 sqft
Price per Sqft $32
MLS Listing ID 1685659
HOA Y/N No
Year Built 1876
Tax Year 2026
Lot Size 0.670 Acres
Acres 0.67
Property Sub-Type Retail
Source Maine Listings
Land Area 13036
Property Description
An outstanding multi-stream investment opportunity in Waterville's CC zone, this expansive 13,036 SF mixed-use property sits on a prime 0.70-acre lot with public utilities and excellent visibility. The flexible layout features two ground-floor commercial storefronts ideal for retail or service businesses, three upper-level apartments (including a 3-bedroom, a 1-bedroom, and an owner's unit), and a rear 1,488 SF attached garage/shop space with finished utility areas perfect for workshops, inventory, or contractor operations. Recent capital improvements include a flat roof completely redone in 2023 alongside efficient multi-zone heating and cooling via oil hot water baseboard, newer heat pumps, and supplemental gas heating. Offering significant holding income and versatile space configurations, this high-yield property is ideal for savvy investors or an owner-user looking to operate a business while collecting strong rental income.
Location
State ME
County Kennebec
Zoning Commercial
Exterior
Parking Features 5 - 10 Spaces
Building
Lot Description Downtown
Others
Tax ID 9WaterStreetWaterville04901
NEARBY SCHOOL & BUSINESS
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