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Renovated Medical Office Condo
For Sale
$115,000

325 Kennedy Memorial Drive #1C, Waterville, ME 04901

Four private suites and a reception area support a range of professional healthcare uses, subject to association approval.

Property Size903 SF
Price / SF$127.35
Days on Market92

Property Features for 325 Kennedy Memorial Drive #1C

General Information

Standard status Active
Size 903 SF
Property subtype Commercial
Zoning CD

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Condition Move-in Ready
Office Units 1
Currently Operating Yes
Property Use Medical Spa
Medical Specialty medical spa

Taxes and HOA fees

Annual Taxes $1,273

Building Details

Building Size 903 SF
Year Built 1969
Stories 1
Listing Agency: Portside Real Estate Group
Listed By: Holly Lawrence
Source: Amerorealty
Added: Aug 7 Changed: Oct 31 Last Checked: Nov 6 at 2:32AM

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 Portside Real Estate Group

Rey
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Investment Insights

Based on property information with market context.

This 903-square-foot medical office condo is located within a larger professional building. Its layout includes a waiting area, reception space, four private suites, and one bathroom. Renovated improvements give the unit a refreshed interior, and it is currently operating as a medical spa. Zoning is CD.

The property is at 325 Kennedy Memorial Drive in Waterville, with access to I-95. The building dates to 1969, and on-site parking is available.

Key Highlights

  • 903‑square‑foot medical office condo
  • Four private suites, reception space, waiting area, and one bathroom
  • Currently operating as a medical spa

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Richard Raskin Physician Price-Wharff Helen MD Physician Samantha Nadeau Physician Erika Hall Physician Dr. Hugh D. ... Physician

Suggested Use

Top Pick Real Estate Agency Law Firm Big Box & Wholesale Store HVAC Service Parking Lot & Garage Electrical Service

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

1
Office units
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

498
Businesses Nearby
Well-served
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Medical Office Space in Kennebec County, ME

$81.56 Jul
$102 Aug
$105 Sep
$101 Oct

Properties on Market for Medical Office Space in Kennebec County

Jul
Aug
Sep
Oct

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

Similar Off Market Nearby

  • Chiasson Tim — 20 Washington St, Waterville, ME 04901
  • Rice Nicole I DVM — 20 Washington St, Waterville, ME 04901
  • Mac Millan Heather D DVM — 20 Washington St, Waterville, ME 04901, United States
  • Animal Hospital of Waterville — 20 Washington St, Waterville, ME 04901
  • Balboni Paul L DVM — 20 Washington St, Waterville, ME 04901

Frequently Asked Questions

What type of property is this?
Medical Office Space - Four private suites and a reception area support a range of professional healthcare uses, subject to association approval.
Where is this medical office space located?
The property is located at 325 Kennedy Memorial Drive #1C Waterville, ME.
What is the asking price?
The asking price for this property is $115,000.
What are key features of this property?
This property features: 903‑square‑foot medical office condo; Four private suites, reception space, waiting area, and one bathroom; Currently operating as a medical spa
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