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
32
Financing Available
No
Owner Occupied
No
Showing Instructions
Contact agent directly
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
Primary Use
Retail
Contact
RB
Robert BaldacciPrimary
Keller Williams Realty
Location