Waterville Homes for Sale between $1,000,000 to $1,500,000

Waterville Homes for Sale between $1,000,000 to $1,500,000

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Waterville Homes for Sale Between $1,000,000 to $1,500,000

$1,300,000
5 Baths 1646269 MLS
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.

145-147 Main St, Waterville

Listing courtesy of Berkshire Hathaway HomeServices Northeast Real Estate.

$1,300,000
1646261 MLS
Exceptional mixed-use investment opportunity in the heart of Waterville offering immediate income, long-term upside, and outstanding visibility on one of the city's busiest commercial corridors. This well-maintained property features multiple income streams, making it an excellent addition to any investment portfolio. The commercial level is home to **Waterville House of Pizza** and **Soul Revival**, two established tenants that benefit from excellent Main Street exposure and consistent traffic. Above the commercial space are **four residential units**, creating additional rental income. The residential layout includes **two 1-bedroom apartments, one 3-bedroom apartment, and a spacious 2-bedroom owner's unit overlooking Main Street**, offering flexibility for an owner-occupant, on-site management, or another income-producing rental. Located just minutes from Colby College, downtown Waterville, shopping, healthcare, and major travel routes, this property is positioned to benefit from the city's continued revitalization and economic growth. Investors will appreciate the combination of commercial and residential income, established tenancy, and opportunities to increase future returns. Whether you're looking for a turnkey investment with diversified revenue, a property with value-add potential, or a cornerstone asset in a growing market, this building delivers. **Possible owner financing is available to qualified buyers**, providing added flexibility and making this an even more attractive investment opportunity. Properties offering this combination of location, income potential, flexibility, and financing options are rarely available. Don't miss the opportunity to own a prominent mixed-use property in one of central Maine's most active and evolving downtown markets.

145-147 Main St, Waterville

Listing courtesy of Berkshire Hathaway HomeServices Northeast Real Estate.

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