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Shopping Center with Antique Mall
For Sale
$975,000

2880 Riverside Drive, Vassalboro, ME 04989

Commercial Sale, Vassalboro, ME

Property Size13,380 SF
Lot Size21.98 Acres
Price / SF$72.87
Days on Market94

Property Features for 2880 Riverside Drive

General Information

Property type Commercial Sale
Property subtype Other
Zoning Rural
Rooms Basement
Interior features Storage
Basement Finished, Full, Walk-Out Access, Sump Pump
Lot features Waterfront, Rural
Standard status Active
Size 13,380 SF
Lot size 21.98 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 4311

Utilities

Sewer type Private Sewer
Heating system Forced Air, Propane (Heating)
Water source Private

Building Details

Year built 1940
Flooring type Carpet, Wood, Vinyl
Building materials Wood Frame, Vinyl Siding
Roof type Shingle
Additional Structures Storage
Listing Agency: Adams Realty
Listed By: Lucas Adams
Added: Jul 22 Changed: Oct 20 Last Checked: Oct 23 at 2:06PM
MLS# 1673000

Copyright © 2026 Maine Listings. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This 13,380-square-foot shopping center includes an operating antique mall with fully leased booths, a flexible floor plan, on-site storage, and basement space. Furniture and equipment are included, along with 8 box trailers. The building dates to 1940 and features wood-frame construction, vinyl siding, wood, carpet, and vinyl flooring, plus propane forced-air heat.

Set on 21.98 acres with frontage on the Kennebec River, the property is positioned on a high-traffic road between Augusta and Waterville and near I-95. Private water and private sewer serve the site, and on-site parking is available. The property carries Rural zoning and offers a substantial land component alongside the existing commercial improvements.

Key Highlights

  • 13,380 square feet of commercial building area
  • 21.98 acres with frontage on the Kennebec River
  • Antique mall with fully leased booths

Property Analytics

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Current Use

Town Line Antiques ... Home Decor Store

Suggested Use

Top Pick Building Supply Auto Repair Shop HVAC Service Dental Office Auto Parts Store Big Box & Wholesale Store

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

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

18
Businesses Nearby
Well-served
Demand for This Use

Demographics for 04989, ME

4,520
Population
2,296
Households
2
Avg Household Size
45
Median Age
31%
College-Educated
94%
High-School Grad
44.3 sq mi
ZIP Area
102
Density / Sq Mi
$74,828
Median Household Income
$47,512
Median Earnings
$1,030
Median Rent
$217,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025

Frequently Asked Questions

What type of property is this?
Shopping center - Established antique mall with leased booths, on-site storage, equipment, and parking on a riverfront rural-zoned property.
Where is this shopping center located?
The property is located at 2880 Riverside Drive Vassalboro, ME.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: 13,380 square feet of commercial building area; 21.98 acres with frontage on the Kennebec River; Antique mall with fully leased booths
More about this property
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