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Medical Office Suite
For Sale
$90,000

325 Kennedy Memorial Drive #7/8C, Waterville, ME 04901

Enlarged medical office suite with ample parking and professional management in a business park setting.

Property Size2,582 SF
Price / SF$34.86
Days on Market747

Property Features for 325 Kennedy Memorial Drive #7/8C

General Information

Standard status Active
Size 2,582 SF
Property subtype Commercial

Additional Details

Highway Access Yes

Building Details

Building Size 2,582 SF
Year Built 1969
Tenancy Single
Listing Agency: CORE
Listed By: Charles Hippler IV · License #SA927061
Source: Startpoint
Added: Jul 21, 2024 Changed: Jul 30 Last Checked: Aug 5 at 2:07PM

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 CORE

Investment Insights

Based on property information with market context.

Offered for sale is an enlarged medical office suite consisting of the combined office units 7 and 8 in building C, totaling approximately 2,582 SF of office space. The suite has been exceptionally well cared-for and has been occupied by the same practice for approximately 23 years. It is supported by professional management and includes ample parking.

The suite is located in one of Waterville’s premier business parks, situated among other medical professionals. The property is minutes off I-95, providing convenient access for patients, staff, and service providers.

Built in 1969, this well-established office suite is designed for professional use within a maintained, medical-focused business park environment.

Key Highlights

  • Combined office units 7 and 8 in building C totaling approximately 2,582 SF
  • Occupied by the same practice for approximately 23 years
  • Ample parking

Property 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

Single-tenant
Tenancy
Yes
Highway 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

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
Rey
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  • Rice Nicole I DVM 20 Washington St, Waterville, ME 04901
  • Mac Millan Heather D DVM 20 Washington St, Waterville, ME 04901, United States

Frequently Asked Questions

What type of property is this?
Medical Office Space - Enlarged medical office suite with ample parking and professional management in a business park setting.
Where is this medical office space located?
The property is located at 325 Kennedy Memorial Drive #7/8C Waterville, ME.
What is the asking price?
The asking price for this property is $90,000.
What are key features of this property?
This property features: Combined office units 7 and 8 in building C totaling approximately 2,582 SF; Occupied by the same practice for approximately 23 years; Ample parking
More about this property
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