54 College AvenueWaterville, ME 04901MLS Number 1350797

  • Price: $349,000
$/month over payments
Federal 30-year interest rate: 3.75% last updated on Nov 14, 2019
* 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
  • 17Tax Year
  • ActiveListing Status

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


Driving Directions

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 Avenue


  • BasementFinished, Full, Sump Pump, Unfinished
  • Year Built1900
  • FoundationBrick/Mortar, Poured Concrete, Stone
  • Building ConstructionMasonry, Wood Frame
  • RoofFlat, Membrane, Other, Pitched, Shingle


  • ExteriorBlock, Stucco, Vinyl Siding

Property Information

  • Property UsesBar/Tavern/Lounge, Flex, Freestanding Building, Restaurant, Vacant
  • Zoning OverlayNo


  • Number of Photos26
  • Last Img Trans Date11/26/2018

Tax Information

  • Tax Year17


  • StateME
  • TownWaterville
  • Zip04901
  • LocationBusiness District, Near Shopping
  • CountyKennebec
  • Map52


  • Acreage1.39
  • Sq Ft Finished Total21377
  • Traffic Count12000
  • Leased LandNo


  • Amenities32 - 36 Inch Doors, Ramped Main Level


  • Parking Spaces21+ Spaces, On Site, Paved
  • View Count39

Basic Information

  • List Price$349,000
  • MLS Number1350797
  • Address54 College Avenue
  • Broker NameAffiliated Realty
  • Modification Date08/26/2019
  • Agent ID000951
  • Broker ID1118
  • Listing StatusActive


  • Ceiling Height8
  • FloorsCarpet, Composition, Laminate, Tile, Wood


  • Heat SystemBaseboard, Forced Air, Hot Water, Multi-Zones
  • Heating FuelGas Natural
  • Waste Water DisposalPublic Sewer
  • WaterPublic
  • CoolingCentral Air
  • ElectricCircuit Breakers, Three Phase
  • GasNatural - On Site

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