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Renovated Medical Condo
New
For Sale
$130,000

325 Kennedy Memorial Drive, Waterville, ME 04901

Commercial Sale, Waterville, ME

Property Size903 SF
Lot Size0.23 Acres
Price / SF$143.96
Days on Market2

Property Features for 325 Kennedy Memorial Drive

General Information

Property type Commercial Sale
Property subtype Office
Zoning CD
Lot features Near Turnpike/ Interstate, Near Airport, Business District, Near Shopping
Standard status Active
Size 903 SF
Lot size 0.23 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 1273
HOA Fee $500 Monthly

Utilities

Sewer type Public Sewer
Heating system Space Heater, Electric (Heating), Oil, Forced Air
Water source Public

Building Details

Year built 1969
Flooring type Tile, Carpet, Vinyl
Building materials Brick
Roof type Flat, Membrane
Listing Agency: Portside Real Estate Group
Listed By: Holly Lawrence
Added: Sep 2 Last Checked: Sep 3 at 7:06AM
MLS# 1675324

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 903-square-foot medical office condo is located within a larger professional building and was recently renovated. The layout includes a waiting area, reception space, four private suites, and one bathroom, with tile, carpet, and vinyl flooring. Brick construction and a membrane flat roof complement the functional interior, while electric and oil heating systems are in place.

The property sits on 0.23 acres along Kennedy Memorial Drive, with access to I-95 and ample parking. Public water and public sewer serve the property. Zoning is CD, and condominium use is restricted to medical purposes.

Key Highlights

  • 903 SF medical condo in a professional building
  • Recently renovated interior with waiting and reception areas
  • Four private suites and one bathroom

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

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

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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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Frequently Asked Questions

What type of property is this?
Medical Office Space - Medical-use condo with private treatment rooms, reception space, and access to public water and sewer.
Where is this medical office space located?
The property is located at 325 Kennedy Memorial Drive Waterville, ME.
What is the asking price?
The asking price for this property is $130,000.
What are key features of this property?
This property features: 903 SF medical condo in a professional building; Recently renovated interior with waiting and reception areas; Four private suites and one bathroom
More about this property
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