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Convenience Store and Redemption Center
For Sale
Contact for pricing
Pending

85 Water Street, Oakland, ME 04963

Includes walk-in coolers, store inventory and fixtures, plus a fully rented 2-bedroom mobile home included in the sale.

Property SizeContact for details
Days on Market147

Property Features for 85 Water Street

General Information

Standard status Pending
Property subtype Special Purpose

Additional Details

Business Included Yes
Listing Agency: Coldwell Banker Plourde Real Estate
Listed By: Dana Michaud · License #ME
Source: Crexi
Added: Apr 13 Changed: Aug 16 Last Checked: Sep 5 at 12:40PM

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 Coldwell Banker Plourde Real Estate

Investment Insights

Based on property information with market context.

This property operates as a convenience store and redemption center and includes well maintained walk-in coolers, inventory, and store fixtures. A fully rented 2-bedroom, 1-bath mobile home (1991 Redmond) is included in the sale.

The building is also described as designed for potential conversion to a multi-unit configuration with two bathrooms and electrical panels, subject to Town of Oakland approval. The property is located on Water Street and appears on the left-hand side alongside a redemption center.

As presented, the site combines an operating retail use with an included, income-producing residence, while retaining scope for future reconfiguration under local approval.

Key Highlights

  • Redemption center and convenience store with walk‑in coolers included
  • Includes store inventory and fixtures
  • Fully rented 2‑bedroom, 1‑bath 1991 Redmond mobile home (952 SF) included in the sale

Property Analytics

Current Use

Grocery and convenience stores

Suggested Use

Top Pick HVAC Service Electrical Service Building Supply Real Estate Agency Dental Office Plumbing 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

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

220
Businesses Nearby
23k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 61% Groceries 30% Dining 9%
Citgo Shops & Services
7,035 visits/mo 0.4 miles
Buddies Groceries IGA Groceries
6,838 visits/mo 0.3 miles
Dollar General Shops & Services
6,826 visits/mo 0.4 miles
SUBWAY Dining
2,049 visits/mo 0.3 miles

Demographics for 04963, ME

7,358
Population
4,279
Households
1.7
Avg Household Size
45
Median Age
24%
College-Educated
95%
High-School Grad
51.1 sq mi
ZIP Area
144
Density / Sq Mi
$73,611
Median Household Income
$49,913
Median Earnings
$885
Median Rent
$228,200
Median Home Value

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
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Frequently Asked Questions

What type of property is this?
Grocery and convenience store - Includes walk-in coolers, store inventory and fixtures, plus a fully rented 2-bedroom mobile home included in the sale.
Where is this grocery and convenience store located?
The property is located at 85 Water Street Oakland, ME.
What are key features of this property?
This property features: Redemption center and convenience store with walk‑in coolers included; Includes store inventory and fixtures; Fully rented 2‑bedroom, 1‑bath 1991 Redmond mobile home (952 SF) included in the sale
(207) 314-2268 Call to check price and availability
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