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    244 Kennedy Memorial Dr, Unit 1 Waterville, ME 04901

    New
    For Sale
    $2,500,000

    SINGLE_FAMILY - Waterville, ME

    Type:Office
    Property size:
    13,000 SF
    Lot size:
    0.01 Acres
    Days on Market:
    3
    Last Refresh:
    Dec 5 at 1:06 pm

    Property Features for 244 Kennedy Memorial Dr

    General Information

    Property type
    Residential
    Property subtype
    Office
    Standard status
    Active
    Zoning
    CB
    Rooms
    Basement
    Basement
    Full, Partial, Unfinished
    Size
    13,000 SF
    Lot size
    0.01 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Hot Water(Heating)
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1988
    Number of units
    6
    Flooring type
    Laminate, Carpet, Tile, Vinyl
    Building materials
    Brick
    Roof type
    Shingle

    Vallee Harwood & Blouin Real Estate (207) 622-2220 [email protected]

    Listing agent Christopher Vallee (207) 622-2220

    Listing date Dec 3, 2025

    Copyright © 2025 Maine Real Estate Information System, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Well-Maintained Office Building For Sale

    This extremely well-maintained office building is located on desirable Kennedy Memorial Drive. The visible building features three floors of office condominiums. Each floor has two condominium units, with two bathrooms per unit. The building is handicap accessible with a common elevator, brick siding, and a large parking lot. The property, situated on a 0.01-acre lot, contains approximately 13,000 square feet. It is zoned CB. The building is ideal for owner occupancy or as a landlord opportunity. The seller will consider owner financing to a qualified buyer. The property is available for sale or lease and is located in Waterville, Maine.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Heart First Cardiology Medical Clinic Northern Light Cardiovascular ... Medical Clinic Heart First Diagnostics Medical Clinic Dr. Syed I. ... Cardiologist Ardelle Hollrock General Practitioner

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Waterville
    County
    Kennebec
    State
    Maine
    Longitude
    -69.6634466
    Latitude
    44.5427114

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    FAQs

    What type of property is this?
    Office building - Visible office building with three floors, ideal for owner-occupancy.
    Where is this office building located?
    The property is located at 244 Kennedy Memorial Dr, Unit 1 Waterville, ME.
    What is the asking price?
    The asking price for this property is $2,500,000.
    What are key features of this property?
    This property features: - Desirable location on Kennedy Memorial Drive with HIGH VISIBILITY.; - Well-maintained 3-floor office building suitable for owner-occupancy or leasing.; - Handicap accessible with a COMMON ELEVATOR.
    (207) 622-2220
    Request Owner's contact information
    244 Kennedy Memorial Dr, Unit 1 Waterville, ME 04901
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    Waterville, ME 04901
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    244 Kennedy Memorial Dr, Unit 1 Waterville, ME 04901
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