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.

More Info

Tax Information

Parcel Number 144collegeavenuewatervilleme04901
Taxes$1,416

Basic Information

List Price$215,000
LocationTypeNear Country Club, Near Golf Course, Near Shopping, Near Turnpike/Interstate
MLS Number1657456
Property TypeMulti-Family
StatusACT

Property

Road Surface Type Paved
Site Level, Open, Sidewalks

Property Information

Acreage0.22
Lot Features Open, Level, Sidewalks, Near Golf Course, Near Shopping, Near Turnpike/Interstate
Square Feet2,363

Parking

Parking 11 - 20 Spaces, On Site
Parking Features 11 - 20 Spaces, Gravel, On Site

Location

Address144 College Avenue
Building Number144
CountyKennebec
StateME
StreetCollege Avenue
TownWaterville
Zip04901

Exterior

Exterior Wood Siding
RoofShingle

Amenities

Other AmenitiesBasement

Water Body

Water AccessPublic

Legal

ZoningMixed use

Rooms

Bathroom2
Bathrooms Total Decimal 2
Full Bath2

Building

BasementInterior, Dirt Floor, Full
Building ConstructionWood Frame
Flooring Wood
FoundationPoured Concrete
Property StyleOther
Units2
Year Built1930

Utilities

Electric Circuit Breakers
Heat SystemBaseboard
Heating FuelOil
Heating YN Yes
Waste Water DisposalPublic Sewer

Other

Date Listed04/11/2026
Unit 1 Full Baths 1
Unit 1 Level First
Unit 1 Rooms 5
Unit 2 Full Baths 1
Unit 2 Level Second
Unit 2 Monthly Rent $1,000
Unit 2 Rooms 5
Unit 2 Water Yes

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46 Casco Rd, Brunswick - Portside Luxury Home participates in ©2026 Maine Listings Internet Data Exchange program, allowing us to display other Maine IDX Participants' listings. This website does not display complete listings. Certain listings of other real estate brokerage firms have been excluded. Mortgage figures are estimates. Check with your bank or proposed mortgage company for actual interest rates. This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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144 College AvenueWaterville, ME 04901Price: $215,000

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