144 College Avenue, Waterville, ME, 04901
About This Home
Are you searching for a high-visibility location for your business or a rock solid investment in one of Waterville's busiest corridors? This property on College Avenue delivers both. With plenty of parking and a right of way onto Walnut Street, it offers unbeatable flexibility. The building has already been home to several successful businesses and is ready to be transformed into its next thriving venture. Upstairs you'll find a two bedroom apartment that's currently rented, adding steady income. Whether you want to live above your business, use the entire space for your operation, or simply secure a prime investment, this property checks the boxes. Surrounded by thriving businesses and just minutes from downtown, Colby College, Thomas College, MaineGeneral, and I-95, the location couldn't be better. The possibilities are endless whether you're an entrepreneur launching your vision, an established owner looking to expand, or an investor seeking high demand commercial real estate. Opportunities like this rarely come along. Claim your spot in one of Central Maine's most sought after locations today.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1930
Materials
- Foundation: Poured Concrete
- Roof: Shingle
- Construction materials: Wood Frame,Wood Siding
Type & Style
- Home type: MultiFamily
- Architectural style: Other
- Property subType: Multi Family
Interior
Basement
- Has basement: Yes
- Basement: Interior Entry,Dirt Floor,Full
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Features
- Flooring: Wood
- Finished area below ground: 0
- Finished area above ground: 2,363
Heating & Cooling
- Heating features: Baseboard
- Cooling features: None
Interior Area
- Total structure area: 2,363
- Total interior livable area: 2,363 sqft
Property
Details
- Parcel number: WAVLM063B117
- Zoning: Mixed use
Lot
- Lot size: 9,583 sqft
- Features: Near Country Club,Near Golf Course,Near Turnpike/Interstate,Level,Open Lot,Sidewalks
Parking
- Parking features: Gravel,11 - 20 Spaces,On Site
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
- Ice Storm
- Winter Weather
- Lightning
- Hurricane
- Inland Flooding
- Strong Wind
How This Home’s Risks Compare
FEMA Declared Disasters Across Maine Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,087 | $13,044 |
| Home Insurance | $99 | $1,188 |
| Property Taxes | $336 | $4,032 |
| Electricity | $343 | $4,121 |
| Total | $1,865 | $22,380 |
Income You'd Need if You Spent...
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-11 | Listed for sale | $215,000 |
| 2026-04-07 | Listing removed | $215,000 |
| 2025-09-18 | Listed for sale | $215,000 |
| 2023-06-11 | Listing removed | -- |
| 2023-04-18 | Price change | $139,000 |
| 2023-03-23 | Listed for sale | $150,000 |
| 2018-06-20 | Sold | $55,000 |
| 2018-05-23 | Pending sale | $69,900 |
| 2018-04-27 | Listed for sale | $69,900 |
For Sale by Agent
View on Zillow