54 College AVEWaterville, ME 04901MLS Number 1350797

  • Price: $439,000
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Federal 30-year interest rate: 4.57% last updated on Jun 21, 2018
* 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.
  • 1.39Acreage
  • 1900Year Built
  • PavedDriveway
  • 2Stories

The former John Martin's Manor has had numerous capital improvements made to it by the current owners and now awaits an entrepreneur or existing business who can put this grand dame back into service. Offering includes the parking lot off Maple St so the property has parking for over 100 cars. The facility features 3 main components which are a commercial kitchen with large seating area for a restaurant use, a large banquet/function room, & a nice bar/lounge in the finished basement that has plenty of seating & an area for a dj and dancing. Other features include some 2nd floor rooms that can accommodate smaller functions. Subject to confirmation by permitting entities, the last known capacity limits were approximately 225 for the dining area, 325 for the banquet/function room, and 150 +/- in the lower level lounge and bar. Come view this Waterville landmark and be a part of the resurgence happening in Waterville right now!

Listed by Affiliated Realty

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Hearth & Home Realty
Hearth & Home Realty
Office: 207-696-4247
274 Main St
Madison, ME 04950

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More Info

Location Information

  • Building Number54
  • StreetCollege AVE

Building

  • BasementFinished, Full, Sump Pump, Unfinished
  • Stories2
  • StyleOther Style
  • Total Units1
  • Year Built1900
  • FoundationBrick, Fieldstone, Poured Concrete
  • Listing TypeGeneral Commercial
  • Building ConstructionMasonry, Wood Frame
  • Garage
  • RoofFlat, Membrane, Other Roof, Pitched, Shingle

Amenities

  • AmenitiesFire System, Security System, Sprinkler, Storage

Basic Information

  • List Price$439,000
  • MLS Number1350797
  • Address54 College AVE
  • Broker NameAffiliated Realty
  • Modification Date05/17/2018
  • StatusACT
  • Agent ID000951
  • Broker ID1118
  • SeasonalNo

Property

  • Acreage1.39
  • Sq Ft Finished Total21377
  • Vehicle StorageNo Vehicle Storage
  • Traffic Count12000
  • Water ViewNo

Water Body

  • WaterfrontNo

Auction

  • KickoutNo

Photos

  • Number of Photos26
  • Last Img Trans Date05/17/2018

Location

  • StateME
  • TownWaterville
  • Zip04901
  • LocationBusiness District, Intown, Near Shopping
  • CountyKennebec
  • DrivewayPaved
  • Road Frontage DescriptionPaved, Public
  • SiteCorner Lot, Level, Rolling/Sloping, Sidewalks
  • TransportationMajor Road Access

Interior

  • Ceiling Height8

Exterior

  • ExteriorBlock, Stucco, Vinyl Siding

Utilities

  • Heat SystemBaseboard, Forced, Hot Water, Multi-Zones
  • Heating FuelGas-Natural
  • Waste Water DisposalPublic
  • WaterPublic
  • Water HeaterTank

Other

  • Parking Spaces21+ Spaces, On Site, Paved
  • View Count1

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