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Waterville Redevelopment Opportunity
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200 Kennedy Memorial Dr, Waterville, ME

Former hospital for redevelopment in central Maine.

Property Size113,056 SF
Lot Size30.32 Acres
Price / SF$8.40
Days on Market254

Property Features for 200 Kennedy Memorial Dr

General Information

Standard status Active
Size 113,056 SF
Lot size 30.32 Acres
Property subtype INDUSTRIAL
Listing Agency: The Dunham Group
Listed By: T.C. Haffenreffer · License #918821
Source: Moodyscre
Added: Nov 25, 2025 Changed: Jul 6 Last Checked: Jul 21 at 3:07AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Dunham Group

Investment Insights

Based on property information with market context.

The former Inland Hospital in Waterville, Maine, offers a redevelopment opportunity. The property, a substantial existing facility on a large parcel, is being sold vacant. Located at a signalized intersection with visibility and access, the site features infrastructure, multiple curb cuts, and on-site parking. The campus includes three smaller medical office buildings that can be parceled out and sold or leased. Its scale and location make it suitable for redevelopment concepts, including medical, educational, residential, senior living, or mixed-use applications. The property provides a platform for developers and investors seeking to capitalize on value creation through adaptive reuse or ground-up redevelopment. The property has a size of 113056 square feet.

Key Highlights

  • Substantial existing facility on a large, well‑located parcel offered at an aggressively priced.
  • Excellent visibility and access at a signalized intersection.
  • Suitable for a wide range of potential redevelopment concepts (medical, educational, residential, senior living, or mixed‑use).

Property Analytics

Current Use

Inland Hospital: Emergency ... Hospital Diabetes Wellness Services Physician Spectrum Medical Group Medical Clinic Guilmette Deborah C Physician Dr. Jason Stoner Physician

Suggested Use

Top Pick Real Estate Agency Law Firm Big Box & Wholesale Store Building Supply Parking Lot & Garage Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

531
Businesses Nearby
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Frequently Asked Questions

What type of property is this?
Hospital - Former hospital for redevelopment in central Maine.
Where is this hospital located?
The property is located at 200 Kennedy Memorial Dr Waterville, ME.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Substantial existing facility on a large, well‑located parcel offered at an aggressively priced.; Excellent visibility and access at a signalized intersection.; Suitable for a wide range of potential redevelopment concepts (medical, educational, residential, senior living, or mixed‑use).
(912) 223-0800 Call to check price and availability
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