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.
Active
$215,000
144 College Avenue, Waterville, ME 04901
4beds
2,363sqft
Multi Family
Built in 1930
-- sqft lot
$-- Zestimate®
$91/sqft
$-- HOA
What's special
Plenty of parking
- 88 days |
- 278 |
- 2 |
Zillow last checked:
Listing updated:
Listed by:
Real Broker
Source: Maine Listings,MLS#: 1657456
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Baseboard
Cooling
- None
Features
- Flooring: Wood
- Basement: Interior Entry,Dirt Floor,Full
Interior area
- Total structure area: 2,363
- Total interior livable area: 2,363 sqft
- Finished area above ground: 2,363
- Finished area below ground: 0
Property
Parking
- Parking features: Gravel, 11 - 20 Spaces, On Site
Lot
- Size: 9,583 Square Feet
- Features: Near Country Club, Near Golf Course, Near Turnpike/Interstate, Level, Open Lot, Sidewalks
Details
- Parcel number: WAVLM063B117
- Zoning: Mixed use
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Multi Family
Materials
- Wood Frame, Wood Siding
- Foundation: Poured Concrete
- Roof: Shingle
Condition
- Year built: 1930
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Waterville
Financial & listing details
- Price per square foot: $91/sqft
- Tax assessed value: $70,800
- Annual tax amount: $1,416
- Date on market: 4/11/2026
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
$1,525/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/11/2026 | Listed for sale | $215,000$91/sqft |
Source: | ||
| 4/7/2026 | Listing removed | $215,000$91/sqft |
Source: | ||
| 9/18/2025 | Listed for sale | $215,000+54.7%$91/sqft |
Source: | ||
| 6/11/2023 | Listing removed | -- |
Source: | ||
| 4/18/2023 | Price change | $139,000-7.3%$59/sqft |
Source: | ||
| 3/23/2023 | Listed for sale | $150,000+172.7%$63/sqft |
Source: | ||
| 6/20/2018 | Sold | $55,000-21.3%$23/sqft |
Source: Agent Provided Report a problem | ||
| 5/23/2018 | Pending sale | $69,900$30/sqft |
Source: CENTURY 21 Nason Realty, Inc. #1327299 Report a problem | ||
| 4/27/2018 | Listed for sale | $69,900$30/sqft |
Source: CENTURY 21 Nason Realty, Inc. #1327299 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,416 +0.5% | $70,800 |
| 2023 | $1,409 -11.2% | $70,800 +15.3% |
| 2022 | $1,587 +1.3% | $61,400 |
| 2021 | $1,566 | $61,400 |
| 2020 | $1,566 -1% | $61,400 |
| 2019 | $1,582 +1.9% | $61,400 |
| 2018 | $1,552 +9.2% | $61,400 +0.8% |
| 2017 | $1,421 +2.3% | $60,900 |
| 2016 | $1,389 -46.6% | $60,900 -34.9% |
| 2015 | $2,602 +1.4% | $93,600 |
| 2014 | $2,565 | $93,600 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 04901
Nearby schools
GreatSchools rating
- 3/10George J Mitchell SchoolGrades: PK-3Distance: 0.5 mi
- 5/10Waterville Junior High SchoolGrades: 6-8Distance: 3.3 mi
- 4/10Waterville Senior High SchoolGrades: 9-12Distance: 1.4 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Maine
- Kennebec County
- Waterville
- 04901
- 144 College Avenue






