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+12074851105
Strategic Real Estate Corporation
9-11 Water St, Waterville, ME 04901
- $425,000
- 13,036
- SqFt
Listing courtesy of Keller Williams Realty.
- List Price
- $425,000
- Status
- ACTIVE
- Days on Market
- 0
- MLS#
- 1685659
- Subtype
- Commercial Sale
- Year Built
- 1876
- Living Area
- 13,036
- Lot Size
- 29,185
- Acres
- 0.67
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.
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Additional Information
- Taxes
- $13,022
- Zoning
- Commercial
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