120 Drummond AVEWaterville, ME 04901MLS Number 1277335

  • Price $325,000
$/month over payments
Federal 30-year interest rate: 3.52% last updated on Oct 20, 2016
* 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.
  • $325,000List Price
  • 1976Year Built
  • 1.92Acreage
MLS#: 1277335

Multi- tenanted office building on 1.92 acres - 100% occupied. Main building consists of 3 office suites, 1 industrial suite with covered storage yard. Leased heated Garage has vehicle storage of 2 and office on the 2nd floor. Property is in excellent condition and generates good cash flow.

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Property Details of 120 Drummond AVE

Property Details


  • List Price: $325,000
  • MLS Number: 1277335
  • Status: ACT
  • Acreage: 1.92
  • Date Listed: 2016-09-25T15:24:44
  • Modification Date: 08/03/2016
  • Broker Name: The Maine Real Estate Network


  • Year Built: 1976
  • Zoning: Coml MDL-94
  • Stories: 1
  • Roof: Metal
  • Building Construction: Steel Frame
  • Foundation: Concrete Slab


  • Building Number: 120
  • Street: Drummond AVE
  • Town: Waterville
  • County: Kennebec
  • State: ME
  • Zip: 04901
  • Address: 120 Drummond AVE

Interior Features


  • Basement: No Basement

Exterior Features


  • Parking Spaces: 21+ Spaces
  • Vehicle Storage: 2 Car, Detached, Garage
  • Driveway: Common, Concrete
  • Road Frontage: 200
  • Road Frontage Description: Paved
  • Exterior: Aluminum Siding, Metal Clad

Utilities and Appliances

Utilities and Appliances

  • Heating Fuel: Electric, Oil
  • Water: Private
  • Water Heater: Electric, Off Heating System, Oil
  • Waste Water Disposal: Public


No Data Found

Other Details


  • Taxes: $2,419

Waterville, ME Demographics

There is no data available

Waterville, ME Real Estate Market Data

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Waterville, ME Schools

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Edward Herczeg

Edward Herczeg


For the past 18 years, Ed has been involved with the sales and acquisitions of investment properties ranging multi-family, retail, office, and industrial properties as a commercial real estate analyst, broker, and advisor.

Ed started his Real Estate career working in Marta's Vineyard and Boston, MA where he gained extensive knowledge of all major real estate product types as an Owner operator of Schooner Commercial Real Estate from 1998 to 2007. In 2008 Ed moved his family to Portland Maine where he started the 1st KW Commercial office in Maine and was a key participant in its growth. In his career Ed has more than $500 million in transaction volume. 

Ed also has extensive knowledge in Business Brokerage helping owners strategically exit from business ownership and helped buyers find the right financial fit. He has worked deals ranging from $500,000 to over $30,000,000 with varying degrees of difficulty. His accounting background and his own business ownership makes him a good analyst as well as a great negotiator that you will want on your side of the net. 

Recently - July 2016 - Ed moved from KW Commercial to the largest Real Estate group in Maine - The Maine Real Estate Network with over 500 agents and 21 office statewide. Ed is heading up the new commercial division TMREN Commercial Real Estate Brokerage which Ed feels will be wildly successful over the next few years.

Listed by Edward Herczeg of South Portland

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