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INVESTMENT HIGHLIGHTS
- 2 Adjacent Buildings and Parking Lot
- Significant Tax Credit/Incentive Eligibility
- Excellent Downtown Location
EXECUTIVE SUMMARY
We are pleased to present for sale this exceptional 53,500± SF, three-story redevelopment opportunity in the heart of Downtown Waterville. The property includes two adjacent buildings and a rear parking lot. Ideally situated next to two newly constructed Colby College buildings on Main Street, this property offers prime visibility and access in a rapidly revitalizing area. The site includes a 39,599 square foot parking lot and qualifies for significant tax credits and grant programs, enhancing its development potential. The existing structures may be repurposed or demolished to accommodate new construction, making this an outstanding opportunity for a wide range of investment and development strategies.
PROPERTY FACTS
| Price | $1,750,000 | Number of Properties | 2 |
| Price / SF | $43.46 / SF | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 40,270 SF |
| Status | Active | Total Land Area | 0.53 AC |
| Price | $1,750,000 |
| Price / SF | $43.46 / SF |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 40,270 SF |
| Total Land Area | 0.53 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 165 Main St, Waterville, ME 04901 | Retail | 28,000 SF | 1870 | - |
| 153-155 Main St, Waterville, ME 04901 | Retail | 12,270 SF | 1870 | - |
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155-165 Main Street, Waterville
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