Ad #7025069
MLS #1646269
Downtown Waterville Excellent investment opportunity featuring
145-147 Main St, Waterville, Maine, 04901
$1,300,000
0Beds
5Baths
9,854Sqft
0.060Acres
About this property
Downtown Waterville Excellent investment opportunity featuring **four residential apartments and two commercial rental spaces** in the heart of downtown Waterville. With six income-producing units under one roof, this well-maintained mixed-use property offers diversified cash flow, long-term appreciation potential, and flexibility for a variety of investment strategies. The residential portion includes **two 1-bedroom apartments, one 3-bedroom apartment, and a spacious 2-bedroom owner's unit overlooking Main Street**. The owner's unit can continue to serve as an owner-occupied residence or be converted into an additional income-producing rental, maximizing revenue potential. The street-level commercial spaces are occupied by **Waterville House of Pizza** and **Soul Revival**, two established businesses that benefit from outstanding Main Street exposure and consistent traffic. The combination of residential and commercial tenants provides multiple income streams while helping reduce investment risk. Ideally located near Colby College, downtown shopping, restaurants, healthcare, and major transportation routes, this property is well positioned to benefit from Waterville's continued growth and revitalization. Investors will appreciate the strong location, established tenancy, and opportunity for future rental income growth. Whether you're adding to an investment portfolio, completing a 1031 exchange, or searching for a mixed-use property with proven income potential, this property deserves your attention. **Possible owner financing may be available to qualified buyers**, providing added flexibility for acquisition. Opportunities to purchase a property offering **four residential rental units, two commercial spaces, diversified income, and a prime downtown location** are increasingly rare. Schedule your private showing today
Property Features
0 Beds
5 Baths
9,854 Sqft
Built in 1870
0.060 Acres
2 Stories
Kennebec River
Other, On Street
Siding: Masonry, Brick, Glass, Other Exterior
Membrane Roof
Natural Gas, Forced Air, Heat Pump (Heating), Hot Water(Heating), Electric (Heating)
$5,994 / yr property tax
Kennebec County
Additional Photos
Contact Information
Elisha Hardy
Berkshire Hathaway HomeServices Northeast Real Estate
207-314-2574
Location
Listing Agent: Elisha Hardy 207-314-2574
Broker: Berkshire Hathaway HomeServices Northeast Real Estate 207-942-8261 Listing Site
Copyright © 2026 Maine Listings. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: Berkshire Hathaway HomeServices Northeast Real Estate 207-942-8261 Listing Site
Copyright © 2026 Maine Listings. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
LakeHouse.com
Printed Jul 16, 2026
Photo Gallery
$1,300,000
0
Beds
5
Baths
9,854
Sqft
145-147 Main St, Waterville, Maine, 04901
By contacting this agent you agree to these Terms and Conditions.
MLS# 1646269
Downtown Waterville Excellent investment opportunity featuring
$1,300,000
145-147 Main St, Waterville, Maine, 04901
0
Beds
5
Baths
9,854
Sqft
0.060
Acres
$1,300,000
145-147 Main St, Waterville, Maine, 04901
0 Beds
5 Baths
9,854 Sqft
0.060 Acres
Downtown Waterville Excellent investment opportunity featuring **four residential apartments and two commercial rental spaces** in the heart of downtown Waterville. With six income-producing units under one roof, this well-maintained mixed-use property offers diversified cash flow, long-term appreciation potential, and flexibility for a variety of investment strategies. The residential portion includes **two 1-bedroom apartments, one 3-bedroom apartment, and a spacious 2-bedroom owner's unit overlooking Main Street**. The owner's unit can continue to serve as an owner-occupied residence or be converted into an additional income-producing rental, maximizing revenue potential. The street-level commercial spaces are occupied by **Waterville House of Pizza** and **Soul Revival**, two established businesses that benefit from outstanding Main Street exposure and consistent traffic. The combination of residential and commercial tenants provides multiple income streams while helping reduce investment risk. Ideally located near Colby College, downtown shopping, restaurants, healthcare, and major transportation routes, this property is well positioned to benefit from Waterville's continued growth and revitalization. Investors will appreciate the strong location, established tenancy, and opportunity for future rental income growth. Whether you're adding to an investment portfolio, completing a 1031 exchange, or searching for a mixed-use property with proven income potential, this property deserves your attention. **Possible owner financing may be available to qualified buyers**, providing added flexibility for acquisition. Opportunities to purchase a property offering **four residential rental units, two commercial spaces, diversified income, and a prime downtown location** are increasingly rare. Schedule your private showing today
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Property Details
HOME DETAILS
0 Beds
5 Baths
9,854 Sqft
Built in 1870
0.060 Acres
2 Stories
WATER & VIEW
Kennebec River
EXTERIOR
Other, On Street
Siding: Masonry, Brick, Glass, Other Exterior
Membrane Roof
INTERIOR
Natural Gas, Forced Air, Heat Pump (Heating), Hot Water(Heating), Electric (Heating)
FINANCIAL & COMMUNITY
$5,994 / yr property tax
Kennebec County
See More Details
Location
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About Kennebec River
Looking for lakefront homes for sale on Kennebec River? Find waterfront real estate here. Located in Maine. Discover the best lake front listings - properties, land, and acreage to build your dream lake house, cottage or cabin on. Search for an agent who specializes in lake property to help you buy or sell a home.
Ad Statistics
Ad Number
7025069
Viewed
316 times
Listing Status
Active
Added
Dec 16, 2025
Last Refresh
Jul 16, 2026 02:42:46 AM
Listing Information
Data Source
Maine Listings
Source Property ID
1646269
Listing Agent: Elisha Hardy 207-314-2574
Broker: Berkshire Hathaway HomeServices Northeast Real Estate 207-942-8261 Listing Site
Copyright © 2026 Maine Listings. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: Berkshire Hathaway HomeServices Northeast Real Estate 207-942-8261 Listing Site
Copyright © 2026 Maine Listings. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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