Commercial Building for Lease
Showroom - Shop / Warehouse Building on Full City Block
177 College Avenue, Waterville, ME 04901

This Parkersburg steel building was constructed in 1978 as a car dealership. It is presently a flooring store and is suited for other purposes including:

  • Retail and Distribution
  • Light Manufacturing
  • Machine Shop
  • Craft Brewer & Serving Area
  • Warehouse
  • Construction Company Operations
  • Automotive Sales & Maintenance (Its original purpose)

The Building's Condition is Excellent and Recent Improvements Include:

  • Rubber Roof & Roofing Insulation
    • Installed and warrantied in 2015 by C.O. Beck & Co. This is a well-respected local roofing contractor. The new roofing covers the entire building.
  • High Efficiency Lighting Installed
    • This lighting was installed throughout the building in 2015.
  • Natural Gas Service – installed in 2014.
  • Front Parking Area Paved in 2004
    • Extensive landscaping done also.

Other Features:

  • Located on a full city block of nearly 2 acres with ample space in front and behind the building. The neighborhood is mixed residential and commercial.
  • Upper level showroom and offices that originally served as an automotive sales area. It has a precast plank concrete floor, large windows and ample lighting.
  • Lower level that has a warehouse/maintenance area about 80’ x 60’ with high ceiling and shop toilet room. Other rooms could be offices, showrooms, or storage.
  • 12’ wide overhead door in warehouse/ maintenance area with truck entrances on both sides of lot.
  • Telephone system to remain.
  • Handicap accessible.
  • Not in flood zone. (See bench marks on plot plan)

Utilities:

  • Electrical service, 3 phase 120/208Y (Central Maine Power)
  • Municipal water (Kennebec Water District)
  • Municipal sewerage (Waterville)
  • Natural gas (Summit)
  • Internet & Phone (Time Warner)
  • Storm sewers (Waterville)

No known asbestos, lead, petroleum or other environmental issues. Owner has certificates of underground tank removal.

A sprinkler system, second 12' wide overhead door and additional showroom windows exist, but would require repair before use.

Owner Will Consider:

  • Allowing sublet of one portion of the premises. (Presumably upper or lower level)
  • Allowing outbuildings or building extensions.
  • Allowing walls to be moved.

Terms of Lease

  • 5 year lease, or more.
  • $5,000 / per month.
  • Lessee to pay utilities, property tax and insurance.
  • Options to extend lease or purchase would be considered.