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Three-Story Office Building
For Sale
$275,000

244 Kennedy Memorial Drive Unit 101-104, Waterville, ME 04901

Six condominium suites offer flexible ownership or leasing options with shared parking and elevator access.

Property Size2,005 SF
Price / SF$137.16
Days on Market15

Property Features for 244 Kennedy Memorial Drive Unit 101-104

General Information

Standard status Active
Size 2,005 SF
Elevators Yes
Property subtype Commercial
Lease Term []

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Office Units 4

Amenities

ADA accessibility

Building Details

Year Built 1988
Buildings 1
Stories 3
Construction brick
Listing Agency: Keller Williams Realty
Listed By: Dennis Wheelock · License #BR921652
Source: Portsiderealestategroup
Added: Aug 18 Changed: Aug 31 Last Checked: Aug 31 at 7:35PM

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 Keller Williams Realty

Investment Insights

Based on property information with market context.

Built in 1988, this three-story office property contains six condominium units, arranged as two units per floor. Each unit includes two restrooms, while the building provides a common elevator, ADA accessibility, brick siding, and a large shared parking area. The property is zoned CC, and individual condominiums may be purchased or leased separately; the full building is also available for purchase.

The building fronts Kennedy Memorial Drive and is positioned less than five minutes from the Maine Turnpike. Waterville Regional Airport and area amenities are also accessible from the property.

Key Highlights

  • Six office condominiums arranged as two units on each of three floors
  • Each unit includes two restrooms
  • Common elevator, ADA accessibility, brick siding, and shared parking

Property Analytics

Current Use

Heart First Cardiology Medical Clinic Northern Light Cardiovascular ... Medical Clinic Heart First Diagnostics Medical Clinic Dr. Syed I. ... Physician Ardelle Hollrock Physician

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Big Box & Wholesale Store 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.

Lease Details

4
Office units
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

531
Businesses Nearby

Demographics for 04901, ME

26,491
Population
12,084
Households
2.2
Avg Household Size
41
Median Age
30%
College-Educated
93%
High-School Grad
78.8 sq mi
ZIP Area
336
Density / Sq Mi
$54,122
Median Household Income
$33,623
Median Earnings
$957
Median Rent
$188,800
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Six condominium suites offer flexible ownership or leasing options with shared parking and elevator access.
Where is this office building located?
The property is located at 244 Kennedy Memorial Drive Unit 101-104 Waterville, ME.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Six office condominiums arranged as two units on each of three floors; Each unit includes two restrooms; Common elevator, ADA accessibility, brick siding, and shared parking
More about this property
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