Listing

Prime retail/service/ restaurant drive thru opportunity Waterville Maine.

Retail

161 College Avenue, Waterville, ME 04901

17 photos
Retail For Sale
Asking
$449,000
Available
992 SF
Floor / Suite
-1
Listing Details
Type
Sale
Status
Active
Asking Price
$449,000
Price/SF
$452.62/SF
List Date
Aug 3, 2026
Available
Aug 3, 2026
Days on Market
68
Financing Available
No
Owner Occupied
No
Showing Instructions
Contact agent directly
Last Verified
Sep 25, 2026
Agent Ownership Interest
No

Prime retail/service/ restaurant drive thru opportunity Waterville Maine.

Exceptional opportunity to acquire a highly visible commercial property on one of Waterville's busiest retail corridors. Formerly occupied by Dairy Queen, this prominent corner location offers outstanding traffic exposure, ample on-site parking, excellent access, and strong demographics surrounded by national retailers, Colby College, Thomas College, and downtown Waterville. The property has operated as a successful quick-service restaurant for decades and is well-positioned for a variety of retail and commercial uses. Ideal for: Coffee shop or café Quick-service restaurant (QSR) Fast-casual dining Bank or credit union branch Medical or professional office Drive-thru restaurant or pharmacy (subject to approvals) Ice cream or dessert concept Retail showroom Convenience or specialty food use This is a rare redevelopment or owner-user opportunity in one of Central Maine's strongest commercial locations. Existing improvements, established access, and exceptional visibility make this property an outstanding investment or business location.

Space Details

Floor
-1
Available SF
992 SF
Contact
RB
Robert BaldacciPrimary
Keller Williams Realty
Location