207-778-2755Call Now272 Morrison Hill Rd, Farmington, ME

$389,900
MLS#: 1639946
2 Bed / 1 Bath
  • Type: Residential
  • Lot Size: 0.54 Acres
  • Year Built: 1920
  • Square Feet: 3,736

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Property Details

Prime Waterfront Commercial & Residential Opportunity in the Heart of Waterville! Welcome to this highly visible mixed-use property on Silver Street—an exceptional investment opportunity offering both commercial and residential space in one of Waterville's most desirable locations. Built in 1920 and beautifully maintained, this property sits on a 0.54-acre lot with over 10,000 cars passing daily and extends all the way to the Messalonskee Stream. The exterior features ample parking for 11-20 vehicles, ensuring convenience for clients, tenants, and guests alike. The first floor is ideally suited for professional use, complete with a main office, waiting area, multiple rooms—including a versatile studio space—a bathroom, and washer/dryer hook-up. Attached is a spacious three-car garage, offering plenty of storage or expansion potential. Upstairs, the second and third floors feature a charming and spacious two-bedroom, one-bath apartment with a separate kitchen, dining room, and laundry area. The third floor offers a large, finished open space—perfect for an office, studio, or additional living area. Enjoy fresh paint throughout, a large private deck overlooking the water, and a quaint front balcony adding curb appeal and charm. This property seamlessly combines commercial functionality with residential comfort, making it ideal for owner-occupants, investors, or business owners seeking a live-work setup. Total Floor Area: 7,409 sq. ft. Total Living Space: 3,736 sq. ft. Prime visibility, waterfront access, and unmatched versatility! Don't miss this rare opportunity to own a truly unique property offering income potential, location appeal, and timeless character right in the heart of Waterville.

Property Listed by: Your Home Sold Guaranteed Realty

Home Features

Rooms:
7
Bedrooms:
2
Bathrooms:
1
Below Grade Finished Area ±:
0
Above Grade Finished Area ±:
3736
Basement:
Construction:
Year Built:
1920
Roof:
Heating:

Land Features

Electric:
Circuit Breakers
Lot Size ±:
0.54
Road Surface Type:
Paved
Sewer:
Public Sewer
Water Body:
Messalonskee Stream
Zoning:
Residential

Map (approximate)

Realtor MLS

Listing data is derived in whole or in part from the Maine IDX and 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.