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    882 Kennedy Memorial Dr Oakland, ME 04963

    For Sale
    $475,000

    COMMERCIAL - Oakland, ME

    Property size:
    4,240 SF
    Lot size:
    1.40 Acres
    Days on Market:
    51
    Last Refresh:
    Dec 13 at 7:06 pm

    Property Features for 882 Kennedy Memorial Dr

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Basement
    Parking features
    Off Street
    Basement
    Full
    Size
    4,240 SF
    Lot size
    1.40 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Baseboard, Forced Air, Hot Water(Heating)
    Water source
    Public

    Building Details

    Year built
    1940
    Flooring type
    Laminate
    Building materials
    Wood Siding, Vinyl Siding, Other Exterior, Wood Frame
    Roof type
    Shingle

    Century 21 Nason Realty Inc (207) 873-2119 [email protected]

    Listing agent Kim Moxcey (207) 873-2119

    Listing date Oct 24, 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

    Oakland Commercial Property For Sale

    Located on Kennedy Memorial Drive in Oakland, this commercial property offers high visibility and is situated just 0.7 miles from the I-95 Waterville exit. The 1.4-acre lot features four separate buildings, currently accommodating five tenants. The property includes significant road frontage and ample paved parking. The total square footage of the buildings is approximately 4,240 square feet, and the lot size is based on Town of Oakland tax information.
    Location Intelligence

    Current Use by Public Records

    Shopping centers

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Oakland
    County
    Kennebec
    State
    Maine
    Longitude
    -69.6928229
    Latitude
    44.5439279

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    FAQs

    What type of property is this?
    Shopping center - Commercial property with high visibility and multiple buildings in Oakland, ME.
    Where is this shopping center located?
    The property is located at 882 Kennedy Memorial Dr Oakland, ME.
    What is the asking price?
    The asking price for this property is $475,000.
    What are key features of this property?
    This property features: - Prime location on Kennedy Memorial Drive with HIGH VISIBILITY.; - Close proximity to I-95 Waterville exit (0.7 miles).; - Four separate buildings on a large lot with five tenants.
    (207) 873-2119
    Request Owner's contact information
    882 Kennedy Memorial Dr Oakland, ME 04963
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    Oakland, ME 04963
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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
    882 Kennedy Memorial Dr Oakland, ME 04963
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