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1 Waterville Road, Skowhegan, ME, 04976

3beds
1baths
2,496sqft
$447,000
$179price/sqft
$3,546/moest. monthly cost
$141,840/yrincome needed

About This Home

Outstanding opportunity to own a well-established pub in Central Maine with prime visibility and frontage along a high-traffic corridor boasting 25,000-30,000 average daily vehicle count. This turnkey business and real estate package includes the fully operational tavern, all equipment, furniture, and inventory, making it ready for immediate operation. The tavern features a welcoming atmosphere with river views and is designed for efficiency, whether you're continuing the current concept or bringing in your own vision. Ample parking and excellent exposure ensure consistent business growth potential. Adding tremendous value is the spacious upstairs 3-bedroom apartment, perfect for owner occupancy or generating additional rental income. Highlights: • Prime Central Maine location with exceptional traffic counts • Views of the Kennebec River • Sale includes real estate, business, equipment, inventory, and furniture • 3-bedroom upstairs apartment - live on-site or rent for added income • Excellent visibility and easy access This is a rare chance to own a fully equipped tavern with strong exposure in one of Maine's most traveled areas.

Getting Around

72
WalkingVery Walkable
0
TransitVery Limited Transit
31
BikeSomewhat Bikeable

Schools

5/10
5/10

Construction

Condition

  • Year built: 1790

Materials

  • Foundation: Block,Slab
  • Roof: Metal
  • Construction materials: Wood Frame,Vinyl Siding

Type & Style

  • Home type: MultiFamily
  • Architectural style: New Englander
  • Property subType: Multi Family

Interior

Basement

  • Has basement: Yes
  • Basement: Interior Entry,Full,Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • 1st Floor Bedroom
  • Flooring: Vinyl,Wood
  • Finished area below ground: 0
  • Finished area above ground: 2,496

Heating & Cooling

  • Heating features: Direct Vent Heater
  • Cooling features: None

Interior Area

  • Total structure area: 2,496
  • Total interior livable area: 2,496 sqft

Property

Details

  • Parcel number: SKOWM23B99
  • Zoning: GC

Features

  • Waterbody name: Kennebec River

Lot

  • Lot size: 0.35 Acres
  • Features: Business District,Corner Lot,Sidewalks

Parking

  • Parking features: Paved,5 - 10 Spaces

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Winter Weather
    Winter WeatherVery High
  • Cold Wave
    Cold WaveRelatively High
  • Ice Storm
    Ice StormRelatively High
  • Lightning
    LightningRelatively High
  • Hurricane
    HurricaneModerate
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Winter Weather
Cold Wave
Ice Storm
Lightning
Hurricane
Inland Flooding
Strong Wind

FEMA Declared Disasters Across Maine Counties

Flood
Hurricane
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,260$27,120
Home Insurance $241$2,892
Property Taxes $683$8,196
Electricity $362$4,353
Total$3,546$42,552

Income You'd Need if You Spent...

35% on housing$121,577/yr
40% on housing$106,380/yr
45% on housing$94,560/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.9%
10.9%
0%30.0%
Electricity Growth Rate10-year average: 7.7%
7.7%
0%15.0%
Property Taxes Growth Rate2-year average: -3.0%
-3.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$179This listing

vs Other Active Listings

Avg $/sqft

ZIP 04976$117
Somerset County$139

vs Homes Sold Last Month

Median $/sqft

ZIP 04976
Somerset County$148

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-05-09Price change$497,000
2025-10-28Listed for sale$550,000

For Sale by Agent

AgentKirk Toth
BrokerageStrategic Real Estate Services

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