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Are you searching for a high-visibility location for your business or a rock solid investment in one of Waterville's busiest corridors? This property on College Avenue delivers both. With plenty of parking and a right of way onto Walnut Street, it offers unbeatable flexibility. The building has already been home to several successful businesses and is ready to be transformed into its next thriving venture. Upstairs you'll find a two bedroom apartment that's currently rented, adding steady income. Whether you want to live above your business, use the entire space for your operation, or simply secure a prime investment, this property checks the boxes. Surrounded by thriving businesses and just minutes from downtown, Colby College, Thomas College, MaineGeneral, and I-95, the location couldn't be better. The possibilities are endless whether you're an entrepreneur launching your vision, an established owner looking to expand, or an investor seeking high demand commercial real estate. Opportunities like this rarely come along. Claim your spot in one of Central Maine's most sought after locations today.
Property Type(s):
Multi Family
| Last Updated | 4/11/2026 | Year Built | 1930 |
|---|---|---|---|
| County | Kennebec |
Additional Details
| AIR | None |
|---|---|
| BASEMENT | Interior Entry, Yes |
| HEAT | Baseboard |
| LOT | 9583 sq ft |
| LOT DIMENSIONS | 0.22 |
| MLS STATUS | Active |
| SEWER | Public Sewer |
| STYLE | Other |
| TAXES | 1416 |
| WATER | Public |
Listing provided by Real Broker
Listing data is derived in whole or in part from the Maine IDX & is for consumers'' personal, non-commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.© 2026 Maine Real Estate Information System, Inc. All Rights Reserved. 
Additional school data provided by Onboard Informatics © 2026 Onboard Informatics. Information deemed reliable but not guaranteed.
Mortgage Calculator provided by Diverse Solutions © 2026
IDX data provided by Market Leader, courtesy of Maine Listings.
This IDX solution is (c) Diverse Solutions 2026.
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