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884 Kennedy Memorial Dr Oakland, ME 04963

For Sale
$625,000

High-visibility Oakland commercial investment.

Property size:
4,240 SF

Description

Added:
Feb 3, 2025
Days on Market:
307
This exceptional commercial investment opportunity is located at 884 Kennedy Memorial Drive in Oakland, Maine. The property boasts a prime location on Kennedy Memorial Drive, offering high visibility and convenient access to I-95 via the Waterville exit, just 0.7 miles away. The 1.4-acre lot features four separate buildings, currently generating income from five tenants. The property provides ample paved parking and significant road frontage, maximizing its potential for various commercial uses. The total square footage is approximately 4,240 square feet, based on estimations for the combined buildings. The lot size of 1.4 acres is as reported by the Town of Oakland tax records. This property presents a rare chance to acquire a well-situated, multi-building commercial complex with established rental income in a desirable location. The asking price is $625,000. The property's high visibility and convenient location make it an attractive investment for a variety of commercial ventures. The existing tenant base provides immediate cash flow, while the ample space and parking offer significant potential for future growth and expansion. Serious inquiries are encouraged to explore this promising investment opportunity further. Note that square footage is approximate and based on estimations for multiple buildings.

Property Features for 884 Kennedy Memorial Dr

General Information

Property type
Other commercial real estate
Square Feet
4,240 SF
Lot Size
60,984 SF

Building Details

Year Built
1940

Insight Report Location Intelligence

Current Use by Public Records

Commercial real estate

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
-69.6927
Latitude
44.54345

FAQs

What type of property is this?
Commercial real estate - High-visibility Oakland commercial investment.
Where is this commercial real estate located?
The property is located at 884 Kennedy Memorial Dr Oakland, ME.
What is the asking price?
The asking price for this property is $625,000.
More about this property
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