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Two-Story Flex Building
For Sale
$850,000

2880 Riverside Drive, Vassalboro, ME 04989

Commercial Sale, Vassalboro, ME

Property Size13,380 SF
Lot Size21.98 Acres
Price / SF$63.53
Days on Market62

Property Features for 2880 Riverside Drive

General Information

Property type Commercial Sale
Property subtype Other
Zoning Rural
Rooms Basement
Interior features Storage
Basement Full, Sump Pump, Walk-Out Access, Finished
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 Vinyl, Wood, Carpet
Building materials Wood Frame, Vinyl Siding
Roof type Shingle
Additional Structures Storage
Listing Agency: Adams Realty
Listed By: Lucas Adams
Added: Jul 23 Changed: Sep 13 Last Checked: Sep 22 at 3:06PM
MLS# 1673151

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.

Investment Insights

Based on property information with market context.

This two-story flex property contains 13,380 square feet and was built in 1940. The first floor includes two offices, two half bathrooms, an open area, and a 14-by-15-foot loading bay. A walkout basement adds another open area, a utility room, and a second loading bay. Interior finishes include carpet, wood, and vinyl, with propane-fired forced-air heat, private water, and private sewer. Furniture and equipment are included, along with on-site storage and 8 box trailers.

The property encompasses 21.98 acres with frontage on the Kennebec River and is positioned along a high-traffic road between Augusta and Waterville, near I-95. Paved parking is located at the front of the building, with additional parking behind it. Rural zoning and the substantial land area provide a broad physical setting for continued commercial use or future planning, subject to applicable approvals.

Key Highlights

  • 13,380‑square‑foot flex building on 21.98 acres
  • Two‑story building with a walkout basement
  • 14‑by‑15‑foot loading bay on the first floor plus a second loading bay

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

Yes
Highway access
Yes
Paved road access

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 Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Flexible commercial building with office space, loading access, storage, parking, and additional land along the Kennebec River.
Where is this flex space located?
The property is located at 2880 Riverside Drive Vassalboro, ME.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: 13,380‑square‑foot flex building on 21.98 acres; Two‑story building with a walkout basement; 14‑by‑15‑foot loading bay on the first floor plus a second loading bay
More about this property
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