155 - 165 Main St

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155 - 165 Main St

Waterville, ME 04901
Asking Price
$1.75M
Asset Type
Executive Office Retail
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Retail property available for acquisition in Waterville, Maine.
  • Total building footprint measures 53,500 square feet.
  • Asking price for the commercial asset is $1,750,000.
  • Executive office sub-type offers flexibility for various tenants.
  • Main Street location provides high visibility for business operations.

What's Special

This retail property at 155-165 Main St in Waterville, Maine, is currently available for sale. Spanning 53,500 square feet, the site offers significant versatility for investors or owner-occupiers seeking a prominent footprint in a growing northern New England commercial hub. Waterville functions as a key regional center for education and commerce, providing a consistent flow of consumers and business activity. Given the executive office sub-type designation, the building layout accommodates professional service providers alongside traditional retail operations. Businesses looking to leverage the high visibility of the Main Street corridor will find this asset well-positioned to serve the surrounding community. The scale of the property allows for multiple configurations, making it a viable candidate for a mixed-use retail and office strategy. Its central location ensures accessibility for local clientele and commuters throughout the greater Kennebec County area.

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NOI
$80,000
Cap Rate
4.57%
DSCR
0.77
Underwater
Cash-on-Cash
-4.55%
Monthly Payment
$8,658.045
Annual Cash Flow
$-23,896.542

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