144 College Ave
$215,000
Price
4
Beds
2
Baths
2,363 Sq. Ft.
$91 / Sq. Ft.
2,363
Sq. Ft.
$91
per Sq. Ft.
Description
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....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.
Property Details for 144 College Avenue
Waterfront
No
ArchitecturalStyleOther
Garage Spaces.00
GarageNo
ZoningMixed use
LISTING UPDATED: 09/18/2025 03:33 PM
Property Details for 144 College Avenue
| Status | Active |
|---|---|
| MLS # | 1638153 |
| Days on Market | 88 |
| Taxes | $1,416 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Multi-Family |
| Year Built | 1930 |
| Lot Size | 0.22 AC / 9,583 SF |
| County | Kennebec County |
Location
Listing Courtesy of Real Broker
Add your commute
Building Information for 144 College Avenue
Stories-Residences2Year Built1930Building Size-Lot Size0.22 AC / 9,583 SF
Payment Calculator
$1,180 per month
30 year fixed, 6.28% Interest
Principal and Interest
$1,062
Property Taxes
$118
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
Property Information for 144 College Avenue
Summary
Location and General Information
- Road Surface Type: Paved
- Zip Code: 5721
- Directions: GPS Compatible. Sign on property.
- Town: Waterville
- State/Province: ME
- Zip Code: 04901
- County: Kennebec
- Geo Latitude: 44.568036
- Geo Longitude: -69.623186
- Tax Lot: 117
- Site:Level: Yes
- Site:Open: Yes
- Site:Sidewalks: Yes
- Location:Near Country Club: Yes
- Location:Near Golf Course: Yes
- Location:Near Shopping: Yes
- Location:Near Turnpike/Interstate: Yes
Parking
- Parking Features: 11 - 20 Spaces, Gravel, On Site
- Attached Garage: No
Taxes and HOA Information
- Tax Book Number: 12943
- Tax Map Number: 63
- Tax Year: 2024
- Parcel Number: WAVL-000063-000000-000117
- Location Information:Association Y/N: No
- Tax Annual Amount: $1,416.00
Property
Heating and Cooling
- Water Heater:Electric: Yes
Lot Information
- SqFt Finished Below Grade: 0.0
- SqFt Finished Above Grade: 2363.0
- Lot Size Acres: 0.22
- Source of Acreage: Public Records
- Building Area Total: 2363.0
- Lot Size Area: 0.22
- Lot Size Units: Acres
- Lot Size Square Feet: 9583.2
- Bathrooms Full: 2
- Bathrooms Half: 0
- Street Number: 144
- Property Information:Surveyed: Yes
- Property Information:Seasonal: No
- Property Information:Total Half Baths: .00
Parking
- Driveway:Gravel: Yes
Property and Assessments
- Sign on Property: Yes
- Leased Land: No
- Property Type: Multi-Family
- Property Type Label: Multi-Family
- Year Built: 1930
Utilities
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water Source: Public
- Gas:No Gas: Yes
Interior and Exterior Features
Exterior Features
- Construction Materials: Wood Siding, Wood Frame
- Vehicle Storage:No Vehicle Storage: Yes
- Roof: Shingle
Interior Features
- Basement: Interior, Dirt Floor, Full
- Flooring: Wood
- Cooling: None
- Heating: Baseboard
- Foundation Details: Concrete Perimeter
- Bathrooms Total (Integer): 2
- Bathrooms Total (Decimal): 2.00
- Bathrooms Total (Notational): 2.00
- Cooling YN: No
- Heating YN: Yes
Multi Family
Income & Expenses Information
- Gross Income: $12,000.00
- Operating Expenses: $2,650.00
Multi-Family Information
- Number of Units: 2
Unit 1
- Unit 1:Lease: No
- Unit 1:Level: First
- Unit 1:Security Deposit: No
- Unit 1:Monthly Rent: $.00
- Unit 1:# Full Baths: 1.00
- Unit 1:# of Half Baths: .00
- Unit 1:# of Rooms: 5.00
- Unit 1:# of Bedrooms: 2.00
- Unit 1:Dedicated Electric Meter: Yes
- Unit 1:Dedicated Gas Meter: No
- Unit 1:Dedicated Water Heater: No
- Unit 1:Electric: No
- Unit 1:Heat: No
- Unit 1:Range: No
- Unit 1:Refrigerator: Yes
- Unit 1:Sewer: No
- Unit 1:Water: No
Unit 2
- Unit 2:Lease: No
- Unit 2:Level: Second
- Unit 2:Security Deposit: Yes
- Unit 2:Monthly Rent: $1,000.00
- Unit 2:# Full Baths: 1.00
- Unit 2:# Half Baths: .00
- Unit 2:# of Rooms: 5.00
- Unit 2:# of Bedrooms: 2.00
- Unit 2:Dedicated Electric Meter: Yes
- Unit 2:Dedicated Gas Meter: No
- Unit 2:Dedicated Water Heater: No
- Unit 2:Electric: Yes
- Unit 2:Heat: Yes
- Unit 2:Range: Yes
- Unit 2:Refrigerator: Yes
- Unit 2:Sewer: Yes
- Unit 2:Water: Yes
Unit 3
- Unit 3:Range: Yes
- Unit 3:Sewer: Yes
Unit Information
- Units:# of 1 BD Units: 0
- Units:# of 2 BD Units: 2
- Units:# of 3 BD Units: 0
- Units:# of 4+ BD Units: 0
Property History for 144 College Avenue
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Sep 18, 2025 | Listed (Active) Maine Listings #1638153 | $215,000 | — |
| Jun 10, 2023 | Expired Maine Listings #1554504 | $139,000 | — |
| Jun 10, 2023 | Expired Maine Listings #1554503 | $139,000 | — |
| Mar 10, 2023 | Listed (Active) Maine Listings #1554504 | $150,000 | — |
| Mar 10, 2023 | Listed (Active) Maine Listings #1554503 | $150,000 | — |
| Apr 14, 2022 | Expired Maine Listings #1512224 | $175,000 | — |
| Oct 14, 2021 | Listed (Active) Maine Listings #1512224 | $199,900 | — |
| Date | Event & Source | Price |
|---|---|---|
| 09/18/2025 | Listed (Active) Maine Listings #1638153 | $215,000 |
| 06/10/2023 | Expired Maine Listings #1554504 | $139,000 |
| 06/10/2023 | Expired Maine Listings #1554503 | $139,000 |
| 03/10/2023 | Listed (Active) Maine Listings #1554504 | $150,000 |
| 03/10/2023 | Listed (Active) Maine Listings #1554503 | $150,000 |
| 04/14/2022 | Expired Maine Listings #1512224 | $175,000 |
| 10/14/2021 | Listed (Active) Maine Listings #1512224 | $199,900 |
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 144 College Avenue
Taxable ValueLand$21,600Additions$155,600Total$177,200
Tax Record2025$3,012 ($251 / month)
Home Facts
Baths2Total Finished SqFt2,363 SqFtAbove Grade Finished SqFt2,363 SqFtStories2Lot Size9,594 SqFtStyleOffice BuildingYear Built1930CountyKENNEBECAPNWAVL M:063 B:117
Schools near 144 College Avenue
This home is within Waterville Public Schools.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 3 | |||
| Public - | 4 to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
George J Mitchell School PublicPK to 3 | ||
Albert S Hall School Public4 to 5 | ||
Waterville Junior High School Public6 to 8 | ||
Waterville Senior High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of Real Broker
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. © 2022 Maine Real Estate Information System, Inc. All Rights Reserved.
