Refine Search
Map
Sort by
$175,000
Positioned in the heart of downtown Waterville, 45 Water Street presents a compelling value-add investment opportunity with multiple income streams and significant upside potential. This 13,793± sq ft mixed-use asset was formerly operated as a bar and entertainment venue and is primed for repositioning or redevelopment. The ground-level commercial space offers a large open layout ideal for reactivation as a bar/restaurant, event venue, or conversion to retail, office, or multi-tenant commercial use. Its downtown location benefits from steady foot traffic and proximity to Waterville's ongoing revitalization. The property includes two existing apartments in the attached building, providing immediate income potential. Above the commercial space are two additional floors featuring multiple rooms and two bathrooms per level, offering a clear path to additional unit creation, short-term rental conversion, workforce housing, or boutique lodging. The property does require extensive repairs and updating, making it best suited for investors, developers, or experienced operators ready to execute a renovation or full repositioning strategy.

45 Water St, Waterville

Listing courtesy of Two Rivers Realty, LLC.

$125,000
4 Beds ⋅ 2 Baths
Here is your opportunity to own a versatile property in the heart of Waterville. Formerly a two-unit and currently used as a single-family home, 5 Veteran Court offers flexibility for a variety of living arrangements and can easily be converted back to a multi-unit if desired. The home features spacious living areas, multiple bedrooms, and an adaptable layout ideal for extended family, rental income potential, or added workspace. Conveniently located near downtown amenities, this property provides both convenience and future investment potential.

5 Veteran Ct, Waterville

Listing courtesy of Coldwell Banker Plourde Real Estate.

$102,500
3 Beds ⋅ 2 Baths
Brand-new 2025 model home featuring 3 bedrooms and 2 full baths in a thoughtfully designed layout. Includes convenient first-floor laundry hookups and durable vinyl siding for low-maintenance living. Set within a well-managed park community, this residence blends modern comforts with community convenience. Park approval required; monthly association fee applies.

15 Valerie Ln, Waterville

Listing courtesy of Summit Real Estate.

$200,000
Great opportunity in business friendly Waterville. Recently, one lot in this subdivision changed to RESIDENTIAL B !! Might work for you !

7 Industrial Rd, Waterville

Listing courtesy of Mainely-Real Estate. tom@mainely-realestate.com
$219,999
3 Beds ⋅ 2 Baths
Step into the inviting charm of 6 Linden Street, a classic multi-level home boasting wonderful curb appeal with flowers currently in bloom, and now even better with a new shingled roof installed in 2024! This delightful 3-bedroom, 2-bathroom home, originally built in 1890, offers 1418 square feet of comfortable living space. Imagine relaxing on the 3-season enclosed porch, and appreciate the convenience of a practical mudroom complete with laundry facilities, making daily chores a breeze. You'll also enjoy the ease of a paved driveway. The property also features a lovely, fenced-in backyard, ideal for outdoor activities and gatherings. Inside, you'll find hardwood flooring adding to its appeal. For your comfort, the home is equipped with efficient hot water baseboard heating, supplemented by a cozy pellet stove for those chillier evenings. Conveniently located close to town shopping and just a short drive from I-95, this home combines character with modern comforts.

6 Linden St, Waterville

Listing courtesy of Coldwell Banker Plourde Real Estate.

$100,000
Great opportunity in business friendly Waterville. Recently, a lot in this subdivision was rezoned RESIDENTIAL B. This might work for you !

5 Industrial Rd Rd, Waterville

Listing courtesy of Mainely-Real Estate. tom@mainely-realestate.com
$175,000
Great opportunity in business friendly Waterville. Recently, Another lot in this subdivision was rezoned RESIDENTIAL B. This might work for you !

3 Industrial Rd, Waterville

Listing courtesy of Mainely-Real Estate. tom@mainely-realestate.com
$214,900
6 Baths
If you are looking to pick up a rental unit, Either Move-in or continue with tenants, this just might be the right one. This cash-flowing three-unit apartment building is located in a convenient residential area. This investment features one spacious 2-bedroom unit plus two comfortable 1-bedroom units. Just minutes to shopping, dining, medical services, and downtown Waterville. Easy access to area schools and employers. Walkable and well-connected -- groceries, cafés, banks, parks, and more are all within easy reach. Whether you're expanding your rental portfolio, stepping into multifamily ownership for the first time, or looking to move in and owner-occupy, you won't want to miss this opportunity. Call today!

32-34 Gold St, Waterville

Listing courtesy of Better Homes & Gardens Real Estate/The Masiello Group. melissabartlett@masiello.com
$6,500,000
Corporate-backed Walgreens located at 210 Main Street in Waterville, Maine. The 14,673-square-foot building was constructed in 2009 and sits on a 2.23-acre parcel along a primary commercial corridor. The tenant has multiple extension options, offering long-term occupancy stability backed by a nationally recognized operator. Waterville serves as a regional hub for Central Maine, supported by ongoing investment, downtown revitalization, and expanding healthcare and education sectors. The presence of Colby College and Thomas College contributes to a stable workforce and consistent consumer demand. The property's strategic location and strong tenancy position it as a dependable, long-term investment opportunity.

210 Main St, Waterville

Listing courtesy of CORE.

$529,900
4 Beds ⋅ 3 Baths
***Motivated Seller***Welcome to your new home in the highly desirable Forest Park neighborhood in Waterville. This quality-built 4-bedroom, 3-bath home is both elegant and livable, offering the perfect blend of space, comfort, and style. The kitchen features granite countertops with plenty of workspace and storage, and flows into a quaint sitting area or office and a formal dining room with a stone hearth and gas fireplace, creating a warm and inviting space for everyday living and special gatherings. Step into the stunning living room with cathedral ceilings, a beautiful floor-to-ceiling stone hearth, gas fireplace, and a wet bar complete with a beverage fridge--perfect for entertaining. Unwind outside on your private deck with a hot tub--your own personal retreat. Three bedrooms and a full bath are located on the second floor and lead to the spacious primary suite with a full bath and walk-in closet. Need more space? The finished basement is perfect for a family room, home gym, or office, with direct access to the garage for added convenience. Enjoy the ease of a 2-car attached garage and added peace of mind with a security system.

27 Forest Park, Waterville

Listing courtesy of Summit Real Estate.

$154,900
Here's a chance to own an open, dry piece of land, located just off the new Trafton Rd exit on W. River rd. Seller indicated there is natural gas and town water at the road. Got an idea for a new business or looking for a space to build a few homes, this one property should not be missed. Taxes are estimated off larger parcel.

Lot 80 West River, Waterville

Listing courtesy of Coldwell Banker Plourde Real Estate.

$375,000
4 Baths
Cash flow opportunity in Waterville! Whether you are looking to expand your portfolio or house hack while building equity, this multi-property package offers serious income potential. Featuring two single family homes plus a spacious two unit with additional value and potential to finish another unit, the possibilities here are strong. Multiple streams of rental income on one property is a rare find. Located in a quiet and convenient area, tenants will appreciate being within walking distance to downtown Waterville and just minutes to the hospital, highway access, Colby College, Thomas College, the airport, and less than 25 minutes to Augusta. Strong rental demand + prime location = smart investment. Opportunities with this kind of income flexibility and upside do not come around often. Run the numbers, schedule your showing, and secure your next cash flowing asset before someone else does!

28-30 Gold St, Waterville

Listing courtesy of Real Broker.

$102,500
3 Beds ⋅ 2 Baths
Welcome to 14 Valerie Lane, Waterville! Brand-new 2025 model offering 3 bedrooms, 2 full baths, and an open, single-level floor plan designed for modern living. Features include stylish laminate flooring, first-floor laundry hookups, and energy-efficient construction throughout. Located in a well-maintained park community close to shopping, dining, and I-95. Low-maintenance vinyl siding and a level lot add everyday convenience. Park approval required; monthly association fee applies.

14 Valerie Ln, Waterville

Listing courtesy of Summit Real Estate.

$359,000
4 Beds ⋅ 3 Baths
Welcome to the Clearview Avenue property -- a spacious and inviting home located in one of Waterville's desirable neighborhoods. Offering six well-appointed rooms, including four bedrooms and two and a half baths, this property provides the perfect balance of comfort, functionality, and room to grow. Enjoy generous living space throughout, along with additional potential for expansion to suit your future needs. The attached two-car garage offers convenient parking, storage, and everyday practicality. Step outside to a private deck overlooking a spacious outdoor area ideal for entertaining, recreation, gardening, or simply relaxing in a peaceful setting. With its attractive neighborhood location, flexible layout, and excellent outdoor space, this home presents a wonderful opportunity to enjoy comfortable living close to local amenities, schools, shopping, and more. Don't miss your chance to make Clearview Avenue your next home.

25 Clearview Ave, Waterville

Listing courtesy of Realty of Maine.

$185,000
3 Baths
Excellent Investment Opportunity - Two-Unit Property with Strong Potential This two-unit property presents a fantastic opportunity for investors, contractors, or owner-occupants seeking a value-add project. Situated in a convenient Waterville neighborhood close to shopping, schools, and commuter routes, this property offers solid fundamentals and ample room for improvement. Each unit features a functional layout, providing flexibility for future rental income or multi-generational living. While the building requires repairs and updates, the property's neighborhood setting and structure make it well suited for renovation and long-term return on investment. Property Highlights: Two separate units with strong income potential Convenient neighborhood setting with easy access to amenities Off-street parking Flexible floor plans offering renovation and customization opportunities Priced to reflect needed improvements This is an ideal opportunity to build equity and create value through thoughtful upgrades. Property is being sold as-is. Price is firm.

5 Collette St, Waterville

Listing courtesy of Tim Dunham Realty. 207-729-7297
$319,999
3 Beds ⋅ 2 Baths
Back on the market at no fault to the home! This beautifully updated 3-bedroom, 2-bath ranch is set on a picturesque 1.66-acre lot along Messalonskee Stream, offering a serene, private setting while still being conveniently close to shopping, dining, and local colleges. Inside, the sun-filled main living area features oversized windows that create a bright, warm, and inviting atmosphere--perfect for everyday living and entertaining. The kitchen is thoughtfully designed with generous counter space and ample cabinetry, providing both functionality and style. The primary bedroom serves as a peaceful retreat, complete with a remodeled en-suite bath. Two additional well-sized bedrooms are ideally situated near a second full bathroom, offering comfort and flexibility for family or guests. Recent updates include new recessed lighting, a newly renovated entryway, and fresh paint throughout, enhancing the home's modern appeal and move-in-ready condition.

78 W River Rd, Waterville

Listing courtesy of Hearth & Key Realty. 2077133144
$94,900
2 Beds ⋅ 2 Baths
Welcome to 8 Victoria Drive, brand new mobile home. Never been lived in. 2 bedrooms 2 full bathrooms. Must obtain park approval.

8 Victoria Dr, Waterville

Listing courtesy of Summit Real Estate.

$349,900
2 Beds ⋅ 1 Baths
OPEN HOUSE- FRIDAY- JULY17TH - 4:00 TO 6:00pm Newman Meadows~ a New 55+ community in Waterville- single family homes with condo benefits. Construction is underway and a model home is open to view. These ranches are all 2-bedroom, 1 bath with an attached garage- single homes with condo benefits. Featuring vaulted pine ceiling, lots of natural light and plenty of storage space. Beautiful finishing details include granite countertops, stainless appliances, under cabinet lighting, living room with fireplace, LV waterproof flooring, stylish bath fixtures and more! Heat pumps for comfort year-round. A full bath offers custom tile shower with seat & lighting, double sink and laundry. Built for comfort and energy efficiency in a walkable neighborhood. Lots of progress being made- 2 under contract and more homes being built. Conveniently located to shopping, services and Interstate 95. Come take a look!

2 Meadow Dr, Waterville

Listing courtesy of Sprague & Curtis Real Estate. ann@spragueandcurtis.com
$175,000
Great opportunity in business friendly Waterville. Possibility to change zoning for housing!

2 Industrial Rd, Waterville

Listing courtesy of Mainely-Real Estate. tom@mainely-realestate.com
$102,500
3 Beds ⋅ 2 Baths
Discover modern, low-maintenance living in this brand-new 2025 manufactured home located in a well-managed Waterville park community. Featuring 3 bedrooms, 2 full baths, and approximately 880 sq. ft. of open-concept living space, this home is perfect for anyone looking for affordable, move-in-ready housing in Central Maine. Enjoy stylish laminate flooring, a bright and spacious kitchen, first-floor laundry hookups, and energy-efficient construction for comfort and savings. The level lot provides easy parking and access, while the location keeps you close to shopping, dining, schools, and I-95 for an easy commute. Whether you're a first-time homebuyer, downsizing, or looking for a fresh start, this newly built home offers incredible value and convenience Must obtain park approval.

19 Valerie Ln, Waterville

Listing courtesy of Summit Real Estate.

$399,999
5 Beds ⋅ 3 Baths
Welcome to 11 Cherry Hill Drive in Waterville -- a beautifully renovated home offering space, flexibility, and modern updates throughout. This 5-bedroom, 2.5-bath property has been thoughtfully improved, including updated appliances, refreshed finishes, and a reconfigured layout that adds both function and comfort. The first floor now features a spacious primary suite with an additional full bathroom with a double vanity and deep soaking tub. With five bedrooms and a bonus room attached to one of the bedrooms, there is plenty of room for a home office, guest space, hobby room, or additional storage. The kitchen offers updated appliances and a clean, modern feel, making it easy to move right in and enjoy. Outside, the property includes a dog door leading to a fenced-in portion of the yard -- a practical feature for pet owners or anyone looking for a defined outdoor area. Located in Waterville, this home offers convenient access to local shopping, dining, schools, medical facilities, and major commuting routes. With its updates, flexible layout, and generous bedroom count, 11 Cherry Hill Drive is ready for its next owner to settle in and make it their own.

11 Cherry Hill Dr, Waterville

Listing courtesy of Hearth & Key Realty. 2077133144
$374,900
Don't miss this exceptional opportunity to own a well-maintained, high-visibility property perfect for a variety of professional or medical uses. Formerly an optometrist's office, the flexible floor plan easily adapts to your business needs. Recent updates throughout add modern appeal and functionality. Upstairs, two apartments offer a source of rental income, complete with a generous private deck for outdoor enjoyment. Ample onsite parking ensures convenient access for clients, patients, or tenants. This versatile property combines income potential with outstanding location—schedule your private showing today!

166 Silver St, Waterville

Listing courtesy of Coldwell Banker Plourde Real Estate.

$49,900
Discover the potential of this 4.91 acre parcel, ideally located just minutes from town while still offering a rural setting. Recently surveyed, this property has been held by the same family for decades and presents a unique opportunity for a buyer looking to build, invest, or create a private retreat. There may be an old well located on the property. Convenient location with easy access to local amenities, and commuter routes while still enjoying the charm of country living. Buyer to perform their own due diligence regarding future use and property features.

228 County Rd, Waterville

Listing courtesy of Coldwell Banker Plourde Real Estate.

$249,900
3 Baths
Beautiful 3-Unit Multi-Family in a Desirable Neighborhood Discover a fantastic investment opportunity with this well-maintained three-unit offers newer roof shingles and a boiler, its located in a highly sought-after, quiet neighborhood. Two of the units are spacious 2-bedroom apartments, each offering generous living areas, abundant natural light, and comfortable layouts perfect for families or long-term tenants. The third unit is a bright and efficient 1-bedroom, ideal for singles, couples, or those seeking a low-maintenance living space. Situated within easy walking distance to the local elementary school and other town amenities this property appeals to renters looking for convenience and a family-friendly setting. The area is known for its well-kept homes, pleasant streets, and strong sense of community, an ideal location for reliable rental demand. Whether you're an investor seeking strong income potential or an owner-occupant looking to live in one unit while renting the others, this property offers flexibility, value, and lasting appeal. Seller is willing to owner finance.

8 High St, Waterville

Listing courtesy of Better Homes & Gardens Real Estate/The Masiello Group.

$210,000
2 Baths
Investor? Homeowner? You could be one - or both! In a market where everyone is worried about interest rates, this home offers the perfect financial advantage: it has the proven ability to pay for itself. This charming and well maintained, in-town, two-unit will provide you the opportunity to be a homeowner, and to start your investment portfolio, if you choose to. Or make a worthy addition to your current one. This home has two separate, 2-bedroom, 1-bath units. The first-floor unit has been renovated, providing a spacious and updated bathroom, a modern kitchen with new stainless-steel appliances and heat pumps for efficient cooling and heating. The second unit can also be used as an executive home office, an in-law suite, or let your tenant build your equity for you. The home has a new roof, and a full basement with both interior and walk-out access. Use this area as your personal workshop, storage space, or creative studio. Fittingly, you will have plenty of paved, off-street parking available for you and your tenants. Conveniently located with easy access to I-95, this corner lot is just a short walk to and from downtown Waterville's shops, bars, and restaurants. Going in the other direction... enjoy a walk through a quiet, friendly neighborhood. This is your chance to own an asset; and for the savvy buyer, think bigger. After two years, your documented rental income from this property can be used to help you secure your next investment. Don't just buy a house-invest in a smarter future. Schedule your private showing today and see what it feels like to own the house that pays you back. Investors: Fully rented and ready to start generating income from day one. Homeowners: Live in the spacious downstairs unit, let your tenant build your equity for you.

63 Summer St, Waterville

Listing courtesy of Coldwell Banker Plourde Real Estate.

$650,000
Rare Opportunity in the Heart of Downtown Waterville! Own a piece of history - formerly the Al Corey Music Center. This 4-story commercial building located on Main Street offers endless potential for retail, office, or mixed-use development. Whether you're an investor, entrepreneur, or developer, this is your chance to bring new life to one of Waterville's most recognizable historic buildings. Opportunities like this don't come around often - make it your own and be part of downtown's vibrant revival!

99 Main St, Waterville

Listing courtesy of Coldwell Banker Plourde Real Estate.

$224,900
3 Beds ⋅ 1 Baths
Welcome to 7 Donald Street in the heart of Waterville. Perched on a double lot, this Colonial-style home offers a great combination of space, functionality, and value. The first floor features a kitchen, large dining room, and spacious living room, providing a comfortable layout for everyday living. Upstairs, you'll find three bedrooms and a full bathroom. Outside, the property offers a large fenced-in backyard, perfect for entertaining, gardening, or enjoying outdoor space while still being conveniently located in-town. An additional storage building adds extra flexibility for your needs. If you've been looking for an in-town home with room to grow and strong potential, this property is well worth a look.

7 Donald St, Waterville

Listing courtesy of Keller Williams Realty. jlaverdiere@gmail.com
$215,000
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.

144 College Ave, Waterville

Listing courtesy of Real Broker.

$215,000
2 Baths
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.

144 College Ave, Waterville

Listing courtesy of Real Broker.

$100,000
Great opportunity in business friendly Waterville. Possibility to change zoning for housing!

6 Industrial Rd, Waterville

Listing courtesy of Mainely-Real Estate. tom@mainely-realestate.com

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal,noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2026 Maine Real Estate Information System, Inc. All Rights Reserved.

This information is provided exclusively for consumers' personal, non-commerical use and may not be used for any purpose other than to identify prospective properties consumers may be intrested in purchasing.

Privacy Policy

Your privacy on the Internet is important to us. This Privacy Statement is to inform you that we will not provide your personal information to any third parties except as required by law or expressly authorized by you. We do not sell, trade, barter, or share information obtained from use of this site with any other businesses or people. All information gathered from a visitor to this web site is used solely by this office and/or its affiliated licensee(s). For additional information, please contact this office.