We are pleased to present for sale this exceptional 53,500± SF, three-story redevelopment opportunity in the heart of Downtown Waterville. The property includes two adjacent buildings and a rear parking lot. Ideally situated next to two newly constructed Colby College buildings on Main Street, this property offers prime visibility and access in a rapidly revitalizing area. The site includes a 39,599 square foot parking lot and qualifies for significant tax credits and grant programs, enhancing its development potential. The existing structures may be repurposed or demolished to accommodate new construction, making this an outstanding opportunity for a wide range of investment and development strategies.