Property Description

An outstanding multi-stream investment opportunity in Waterville's CC zone, this expansive 13,036 SF mixed-use property sits on a prime 0.70-acre lot with public utilities and excellent visibility. The flexible layout features two ground-floor commercial storefronts ideal for retail or service businesses, three upper-level apartments (including a 3-bedroom, a 1-bedroom, and an owner's unit), and a rear 1,488 SF attached garage/shop space with finished utility areas perfect for workshops, inventory, or contractor operations. Recent capital improvements include a flat roof completely redone in 2023 alongside efficient multi-zone heating and cooling via oil hot water baseboard, newer heat pumps, and supplemental gas heating. Offering significant holding income and versatile space configurations, this high-yield property is ideal for savvy investors or an owner-user looking to operate a business while collecting strong rental income.

Property Features