Large Retail- Commercial Building Waterville Me 04901

Retail-Commercial for Sale
Catylist Listing ID: 30815621
Property Subtypes: Free-Standing Building, Mixed Use, Street Retail
Building Size (RSF): 13,036 SF
Gross Building Area: See Agent
Gross Land Area: 0.70 Acres
Sale Price: $425,000
Unit Price: $32.60 PSF
In Opportunity Zone? Yes
Property Use Type: Investment, Business
Building Name: 9 Water St
Usable Size (USF): 13,036 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/12/2023

Overview / Comments

Large building and 0.7 Acre Lot downtown Waterville. Building is 13,036 square feet. Flexible 5 Unit:, 2 Apartments and classroom space second floor, 3 plus units retail spaces ground floor, 3 Bay Garage spaces , Outdoor Salt Shed, Loads of potential and numerous uses as per codes in CC zone. Unit 1: Owner also has 2 businesses for sale: 1.) Aqua City Scuba Inc. Dive Shop for sale $110,000.00 includes business and inventory & 2.) Radio Communications Inc for vehicles and boats stereo's, remote Starters to CB radios for sale $80,000.00 includes 45 year track record Business and Inventory. Owner uses one space for both businesses with separate tax filings, computers and contact info.;Next Unit 2 vacant ground floor 2500 sqft; Unit 3 2500 sqft ground floor is a vacant retail space. Unit 1 utilizes 3 Garage Bays in current configuration.

Additional Details

Nearest MSA: Augusta-Waterville
County: Kennebec
Tax ID/APN: 044-306-000
Retail Clientele: General
Property Visibility: Excellent
Largest Nearby Street: Route 201
Feet of Frontage: 162
Site Description: Parking: ample front and rear HVAC: FHA
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 2
Property Condition: Good
Year Built: 1876
Year Renovated: 1987
Roof Type: Flat
Construction/Siding: Aluminum Siding, Brick, Wood Siding
Exterior Description: Has frontage on 3 streets Front is retail , Side is a Sand Salt Storage, Rear is a 3 Bay Garage space with ample parking area.
Total Parking Spaces: 40
Parking Type: Surface
Heat Type: Electricity, Oil, Space Heaters
Heat Source: Baseboard, Heat Pump
Air Conditioning: Other
Internet Access: Cable
Zoning Description: See attachments for permitted use in Commercial C District
Lot Frontage: 162
Water Service: Municipal
Sewer Type: Municipal
Easements: Utilities

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,724 25,835 31,489
Median Age: 39.09 40.23 40.73
Households: 3,905 10,727 13,044


Photograph of Listing Agent

Sam Lambert

Keller Williams Realty
NECPE Member
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