225 Main St

Waterville, ME 04901

$299,000
Price
—
Beds
—
Baths
3,398 Sq. Ft.
$88 / Sq. Ft.
3,398
Sq. Ft.
$88
per Sq. Ft.
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Description

Located on Main Street in the center of downtown Waterville, 225 Main Street offers a versatile investment opportunity with both commercial and residential income potential. The street-level commercial space benefits from strong visibility, steady foot traffic, and an established in-town presence. Above, you'll find a vacant residential unit ready for occupancy or lease -- providing immediate upside for investors or the opportunity for an owner-occupant to live above their business. This property...Located on Main Street in the center of downtown Waterville, 225 Main Street offers a versatile investment opportunity with both commercial and residential income potential. The street-level commercial space benefits from strong visibility, steady foot traffic, and an established in-town presence. Above, you'll find a vacant residential unit ready for occupancy or lease -- providing immediate upside for investors or the opportunity for an owner-occupant to live above their business. This property is ideal for investors seeking a mixed-use addition to their portfolio, entrepreneurs looking to control their operating space, or buyers looking to capitalize on Waterville's continued downtown growth and revitalization. Convenient to restaurants, shops, and local amenities, this is a rare opportunity to secure a Main Street property at an exceptional value.
  1. Listed by Racheal Pasqual • NextHome Experience
  2. Listed by Jonathan Seavey • NextHome Experience

Property Details for 225 Main Street

Zoning
CA
LISTING UPDATED: 03/02/2026 05:01 PM

Property Details for 225 Main Street

StatusActive
MLS #1653087
Days on Market22
Taxes$4,133 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial / Mixed Use
Year Built1890
Lot Size0.23 AC / 10,018 SF
CountyKennebec County
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Location

Listing Courtesy of NextHome Experience
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Building Information for 225 Main Street

Stories2Residences-Year Built1890Lot Size0.23 AC / 10,018 SF

Payment Calculator

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$1,796 per month

30 year fixed, 6.11% Interest

Principal and Interest

$1,451

Property Taxes

$344

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 225 Main Street

Summary
Location and General Information
  • Zip Code: 6117
  • Town: Waterville
  • State/Province: ME
  • Zip Code: 04901
  • County: Kennebec
  • Geo Latitude: 44.55489
  • Geo Longitude: -69.631394
  • Tax Lot: 333
  • Location:Near Shopping: Yes
  • Source of Water Frontage:Public Records: Yes
Parking
  • Parking Features: On Site, Paved
Taxes and HOA Information
  • Tax Book Number: 11920
  • Tax Map Number: 48
  • Tax Year: 2025
  • Parcel Number: WAVL-000048-000000-000333
  • Location Information:Association Y/N: No
  • Tax Annual Amount: $4,133.00
Property
Lot Information
  • Lot Size Acres: 0.23
  • Building Area Total: 3398.0
  • Lot Size Area: 0.23
  • Lot Size Units: Acres
  • Lot Size Square Feet: 10018.8
  • Street Number: 225
  • Property Information:Surveyed: Unknown
  • Property Information:Deed/Conveyance Type Offered: Warranty
  • Property Information:Deed: All
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Total # Floors: 2.00
Property and Assessments
  • Sign on Property: Yes
  • Leased Land: No
  • Property Type: Commercial
  • Property Type Label: Commercial
  • Property Sub-Type: Mixed Use
  • Year Built: 1890
Utilities
  • Electric: True
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities:Utilities On: Yes
  • Gas:No Gas: Yes
Interior and Exterior Features
Exterior Features
  • Construction Materials: Composition, Wood Frame
  • Roof: Shingle
Interior Features
  • Basement: Full, Unfinished
  • Flooring: Tile, Laminate, Carpet
  • Cooling: None, Heat Pump
  • Heating: Hot Water, Heat Pump, Baseboard
  • Foundation Details: Brick/Mortar
  • Accessibility Features: Accessible Approach with Ramp
  • # Floors: 2
  • Bathrooms Total (Integer): 0
  • Bathrooms Total (Decimal): .00
  • Bathrooms Total (Notational): .00
  • Cooling YN: No
  • Heating YN: Yes

Property History for 225 Main Street

DateEvent & SourcePriceAppreciation
Feb 10, 2026

Listed (Active)

Maine Listings #1653087

$299,000—
DateEvent & SourcePrice
02/10/2026

Listed (Active)

Maine Listings #1653087

$299,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 225 Main Street

Taxable ValueLand$83,300Additions$159,800Total$243,100
Tax Record2025$4,133 ($344 / month)
Home Facts
Baths2Total Finished SqFt3,398 SqFtAbove Grade Finished SqFt3,398 SqFtStories2Lot Size10,019 SqFtStyleDepartment StoreYear Built1890CountyKENNEBECAPNWAVL M:048 B:333

Schools near 225 Main Street

This home is within Waterville Public Schools.
Rating
School
Type
Grades
Distance
George J Mitchell School
Public - PK to 3
Albert S Hall School
Public - 4 to 5
Waterville Junior High School
Public - 6 to 8
Waterville Senior High School
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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More information about 225 Main Street, Waterville, ME 04901

225 Main Street is a mixed use property for sale in Waterville, ME 04901. This property was listed for sale on February 10, 2026 by NextHome Experience, it's currently listed at $299,000. This listing's school district is Waterville Public Schools. Nearby schools include George J Mitchell School, Albert S Hall School and Waterville Junior High School. 225 Main Street is a 0-bed, 0-bath, 3,398 sqft mixed use property built in 1890.

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, Inc., its subsidiaries, affiliates and their agents and associated third parties 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 NextHome Experience

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.