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Property Details

Major renovations completed in 2020 make this a turnkey investment with no significant deferred maintenance concerns for years to come. The first floor offers a retail space on Main Street with excellent visibility, while the fully furnished second and third floor apartments have been successfully operated as short term rentals with strong demand, a proven track record, and future bookings already extending into 2027. Considered a guest favorite on Airbnb with seventeen 5 star reviews. Located across from the Opera House and just minutes from Colby College and Thomas College, this ideally situated property appeals to visitors, college parents, and downtown guests alike. Set in the heart of Waterville's expanding downtown, this is a strong mixed use investment opportunity with multiple income streams.

Property Listed by: New England Realty Group LLC

Home Features

Bathrooms:

Below Grade Finished Area ±:

Above Grade Finished Area ±:

3396

Basement:

Construction:

Year Built:

1900

Roof:

Heating:

Cooling:

Land Features

Electric:

Circuit Breakers

Lot Size ±:

0.03

Sewer:

Public Sewer

Zoning:

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.