Rizzo Mattson

Central Maine Investment Properties

Begin your Central Maine real estate search! Below are all current investment properties for sale in Central Maine, from Augusta to Winthrop. 

Investment Properties for Sale in Maine

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47 Water Street Waterville ME 04901

MLS Number 1572577

  • CommercialSale
  • Square Feet 2,304
  • Acreage 0.06

Introducing Scotty's Pizza and Variety - a charming convenience store with a prime location on Water Street in Waterville. Situated near downtown and the South End neighborhood, this property presents an excellent opportunity for entrepreneurs and investors alike. Scotty's Pizza and Variety has become a beloved destination for locals, offering a wide range of convenience items and, of course, delicious pizza. With its loyal customer base and reputation for quality, this establishment enjoys consistent foot traffic and a thriving business. But that's not all! This property also includes two well-maintained 1-bedroom apartments on the second floor. Currently occupied by long-term tenants, these apartments provide a steady source of rental income, making it a fantastic investment opportunity. Priced at $349,900, this property offers tremendous value for its location, income potential, and the established business it hosts. Don't miss your chance to own Scotty's Pizza and Variety, a thriving convenience store with additional rental income. Contact us today to schedule a viewing and seize this exciting investment opportunity.

Listed by Surette Real Estate

$
$
%
$/month over payments
Federal 30-year interest rate: 7.19% last updated on Sep 21, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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27 Cumberland Street Augusta ME 04330

Augusta, ME27 Cumberland Street

Price$199,000

Est. Mortgage: $/month

MLS Number 1572613

  • MultiFamily
  • Bathroom 2
  • Square Feet 2,340
  • Acreage 0.23

Amazing investment or owner occupied opportunity in the heart of downtown Augusta. This spacious in-town multifamily offers 5 bedrooms, 2 baths, a 2 car garage and 1 car under, all situated on .23 acres. Conveniently located just a short walk to Water street and all the arts and entertainment this great city has to offer! Seller financing available!

Listed by River's Edge Realty

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$
%
$/month over payments
Federal 30-year interest rate: 7.19% last updated on Sep 21, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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62 State Street Augusta ME 04330

Augusta, ME62 State Street

Price$675,000

Est. Mortgage: $/month

MLS Number 1561293

  • MultiFamily
  • Bathroom 10
  • Square Feet 5,360
  • Acreage 0.22

Great investment opportunity, located in the heart of Augusta. Fully rented 10 units. Five of the tenants pay their own heat. Building has great rental history. Most units have been remodeled. Building manager in place (may be interested in staying). Several of the units have beautiful detailing including marble fireplace mantles, beautiful front entry way, granite steps plus great architectural detail. Coin op washers and dryers.

Listed by McAllister Real Estate

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$
%
$/month over payments
Federal 30-year interest rate: 7.19% last updated on Sep 21, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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382 Water Street Augusta ME 04330

MLS Number 1572326

  • CommercialSale
  • Square Feet 5,878
  • Acreage 0.11

PROPERTY BEING SOLD AS A PACKAGE WITH 14 OTHER BUILDINGS. PLEASE SIGN NDA FOR FULL OFFERING MEMORANDUM. Multifamily portfolio for sale in downtown Augusta, ME. Sale includes 15 apartment buildings with rentals that range from single room occupancies to up to 4-bedroom apartments. Excellent historical occupancy with below market rents. An on-site management team makes this a turnkey investment with excellent cashflow. All of the buildings in this offering are located on or close to Water Street, which is home to retail shops, breweries, and local eateries. GROUP SHOWINGS WILL BE HELD ON TUESDAY, SEPTEMBER 26, 2023 & THURSDAY, OCTOBER 5, 2023, UPON REQUEST

Listed by Colliers International

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$
%
$/month over payments
Federal 30-year interest rate: 7.19% last updated on Sep 21, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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6 Brook Street Waterville ME 04901

Waterville, ME6 Brook Street

Price$149,900

Est. Mortgage: $/month

MLS Number 1572107

  • MultiFamily
  • Bathroom 4
  • Square Feet 2,176
  • Acreage 0.14

MUST BE SOLD WITH 27 HILLSIDE AVE MLS# 1572113. Price is for both properties. In-town Waterville four unit building in need of renovations and repair. This property has tons of potential for the right buyer. Sold with 27 Hillside Ave for a total of six units. Both buildings are on the same deed and may not be separated. Income is for the one rented unit. This package has great investment potential. Bring your ideas! Call today

Listed by Better Homes & Gardens Real Estate/The Masiello Group

$
$
%
$/month over payments
Federal 30-year interest rate: 7.19% last updated on Sep 21, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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145 Kennedy Memorial Drive Waterville ME 04901

MLS Number 1571787

  • CommercialSale
  • Acreage 0.46

Discover an exceptional commercial opportunity on bustling Kennedy Memorial Drive! This expansive 0.46-acre lot, strategically located with frontage on both Kennedy Memorial Drive and Merryfield Avenue (Property Address #116), offers high visibility and a substantial daily traffic count of over 15,000 vehicles. What sets this property apart is its readiness for your project - it's already equipped with a site survey, soil testing, and phase 1 testing, cutting down on construction costs and time. As Waterville undergoes a revitalization with investments from Colby College and the Alfond Foundation, seizing this opportunity to establish your business on Kennedy Memorial Drive is a smart move. Don't miss out - contact me today and let's make your commercial ambitions a reality!

Listed by Pouliot Real Estate

$
$
%
$/month over payments
Federal 30-year interest rate: 7.19% last updated on Sep 21, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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21 Highland Avenue Gardiner ME 04345

Gardiner, ME21 Highland Avenue

Price$375,000

Est. Mortgage: $/month

Pending

MLS Number 1571756

  • MultiFamily
  • Bathroom 4
  • Square Feet 2,528
  • Acreage 0.32

Great investment property with fully renovated and occupied units, great rent roll. New Rinnai heaters throughout. Beautiful hardwood floors, recessed lighting attention to detail. New decking, railings and metal roofing. All units have washer and dryers. Great location, walking distance to Hannaford and downtown Gardiner. Plenty of parking on this large lot.

Listed by Hoang Realty

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$
%
$/month over payments
Federal 30-year interest rate: 7.19% last updated on Sep 21, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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17 Union Street Hallowell ME 04347

Hallowell, ME17 Union Street, Unit 4

Price$1,300,000

Est. Mortgage: $/month

MLS Number 1571400

  • MultiFamily
  • Bathroom 6
  • Square Feet 5,000
  • Acreage 0.4

What a chance for creative re-use! Hallowell's former Church complex is for sale. Prime in-town location with THREE buildings (The Main Building, The Chapel and the Parsonage),abundant parking, and magnificent gardens. Current use includes owner-occupant and active rentals with great income. All three buildings have had many upgrades over the last few years including new roofs, insulation, high-efficiency natural gas boilers, electrical upgrades and structural repairs. The Main Building has a kitchen, full bath, laundry and a 60x40 living room (former sanctuary of the old church) with abundant light streaming in through original stained and rippled glass. The second story living space has a sleeping and living area, large dressing room and office with a view into the main hall. Possibilities abound for renovating or reconfiguring this space. The Chapel has been converted into a one bedroom one level home used as both a long-term and short-term rental. The Parsonage is a four bedroom one and a half bath rental containing an updated kitchen with concrete countertops, original molding, wide pine plank floors and more! 2 blocks to downtown Hallowell and the river, 10 minutes to Augusta, 45 minutes to Portland or Lewiston/Auburn, On hour to Bangor. This an outstanding investment opportunity. Church 5,000 sq ft, Chapel (1 bedroom rental) 1,000 sq ft, Parsonage (4 bedroom rental) 2,200 sq ft

Listed by SVN The Masiello Group

$
$
%
$/month over payments
Federal 30-year interest rate: 7.19% last updated on Sep 21, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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25 Spruce Street Waterville ME 04901

Waterville, ME25 Spruce Street

Price$155,000

Est. Mortgage: $/month

MLS Number 1571488

  • MultiFamily
  • Bathroom 2
  • Square Feet 2,017
  • Acreage 0.19

Two unit building in Waterville's growing North End neighborhood on a corner lot. Spacious units consist of 3 bedrooms, 1 bath. Convenient to schools, downtown, shopping, and the turnpike. Good investment opportunity or works well as a future owner-occupied property.

Listed by Coldwell Banker Plourde Real Estate

$
$
%
$/month over payments
Federal 30-year interest rate: 7.19% last updated on Sep 21, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

Save FavoriteSchedule TourAsk A QuestionMore Details

145 Kennedy Memorial Drive Waterville ME 04901

MLS Number 1571467

  • Land
  • Acreage 0.46

Discover an exceptional commercial opportunity on bustling Kennedy Memorial Drive! This expansive 0.46-acre lot, strategically located with frontage on both Kennedy Memorial Drive and Merryfield Avenue (Property Address #116), offers high visibility and a substantial daily traffic count of over 15,000 vehicles. What sets this property apart is its readiness for your project - it's already equipped with a site survey, soil testing, and phase 1 testing, cutting down on construction costs and time. As Waterville undergoes a revitalization with investments from Colby College and the Alfond Foundation, seizing this opportunity to establish your business on Kennedy Memorial Drive is a smart move. Don't miss out - contact me today and let's make your commercial ambitions a reality!

Listed by Pouliot Real Estate

$
$
%
$/month over payments
Federal 30-year interest rate: 7.19% last updated on Sep 21, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

Save FavoriteSchedule TourAsk A QuestionMore Details

191-193 Water Street Hallowell ME 04347

MLS Number 1571433

  • CommercialSale
  • Square Feet 6,240
  • Acreage 0.63

**Prime Commercial Property in the Heart of Downtown Hallowell** Welcome to an exceptional opportunity in the heart of downtown Hallowell! This impressive commercial property, situated on a generous .63-acre corner lot with substantial road frontage on both Water Street and Temple Street, offers endless possibilities for investors and business owners alike. Located at the intersection of Water Street and Temple Street, this property boasts an unbeatable location in downtown Hallowell. With its prime position, your business will benefit from high visibility and easy accessibility, ensuring a steady flow of foot and vehicle traffic. Hallowell's vibrant downtown scene is renowned for its historic charm, cultural attractions, and a thriving community, making it an ideal setting for a wide range of commercial endeavors. - **Lot Size:** Spanning approximately .63 acres, this corner lot provides ample space for development and expansion. - **Road Frontage:** With frontage on both Water Street and Temple Street, your business will enjoy maximum exposure and accessibility. - **Versatile Zoning:** The property benefits from versatile zoning regulations, accommodating various commercial uses, including retail, office, hospitality, and more. - **Historic Appeal:** The property is nestled in a charming historic district, enhancing its appeal and contributing to the unique character of the area. - **Utilities:** All essential utilities, including water, sewer, electricity, and gas, are readily available, simplifying the development process. With its strategic location, generous lot size, and flexible zoning, this commercial property represents a promising investment opportunity. Downtown Hallowell continues to grow in popularity, making this property a valuable asset for both immediate use and future development.

Listed by Your Home Sold Guaranteed Realty

$
$
%
$/month over payments
Federal 30-year interest rate: 7.19% last updated on Sep 21, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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16 Mount Vernon Street Gardiner ME 04345

Gardiner, ME16 Mount Vernon Street

Price$122,000

Est. Mortgage: $/month

MLS Number 1571303

  • MultiFamily
  • Bathroom 2
  • Square Feet 1,807
  • Acreage 0.2

If you're looking to add an income producing multifamily property to your real estate portfolio or family trust, look no further. Here I introduce to you a fully occupied, two unit investment property that is priced to sell quickly. With the current interest rate being so high, it is important to leverage opportunity when it arises. Here is that opportunity. Did I overlook to mention that this property has a third unfinished unit in the back? Well, this property has a third unfinished unit in the back!

Listed by Freedom Realty

$
$
%
$/month over payments
Federal 30-year interest rate: 7.19% last updated on Sep 21, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

Save FavoriteSchedule TourAsk A QuestionMore Details

Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, non commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. ©2023 Maine Real Estate Information System, Inc. All Rights Reserved. equal opportunity housing logo   Privacy Policy

Rizzo Mattson, REALTORS® participates in ©2023 Maine Listings Internet Data Exchange program, allowing us to display other Maine IDX Participants' listings. This website does not display complete listings. Certain listings of other real estate brokerage firms have been excluded. Mortgage figures are estimates. Check with your bank or proposed mortgage company for actual interest rates. This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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