Search
Retail Building with Storage
New
For Sale
$350,000

872 Kennedy Memorial Drive, Oakland, ME 04963

Commercial Sale, Oakland, ME

Property Size800 SF
Lot Size0.65 Acres
Price / SF$437.50
Days on Market2

Property Features for 872 Kennedy Memorial Drive

General Information

Property type Commercial Sale
Property subtype Retail
Zoning Commercial
Interior features Storage
Lot features Near Airport, Business District
Standard status Active
Size 800 SF
Lot size 0.65 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 1338

Utilities

Sewer type Private Sewer
Heating system Baseboard, Oil
Water source Private

Building Details

Year built 1950
Number of units 1
Flooring type Concrete, Vinyl
Building materials Wood Frame, Clapboard, Other Exterior
Roof type Fiberglass
Additional Structures Storage
Listing Agency: Coldwell Banker Plourde Real Estate · Coldwell Banker Real Estate
Listed By: Donald Plourde
Added: Sep 17 Last Checked: Sep 18 at 12:06PM
MLS# 1680961

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 800-square-foot retail property occupies a 0.65-acre parcel and was built in 1950. The building has storage space, concrete and vinyl flooring, wood-frame construction with clapboard and other exterior materials, and a fiberglass roof. Heating is provided by an oil-fired baseboard system, with private water and private sewer serving the property. Commercial zoning supports its current retail classification.

The property is located at 872 Kennedy Memorial Drive in Oakland, Maine. It is offered subject to an existing 5-year lease, along with two additional 5-year renewal options. The lease structure provides a defined occupancy term and documented renewal periods for an owner evaluating the property as a leased retail asset.

Key Highlights

  • 800‑square‑foot retail building on 0.65 acres
  • Existing 5‑year lease with two additional 5‑year renewal options
  • Commercial zoning

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency HVAC Service Electrical Service Furniture & Home Goods Grocery & Convenience Store Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

176
Businesses Nearby
22k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 54% Shops & Services 46%
Dunkin' Donuts Dining
12,090 visits/mo 0.2 miles
Shell Shops & Services
9,316 visits/mo 0.5 miles
Napa Auto Parts Shops & Services
1,071 visits/mo 0.4 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

Frequently Asked Questions

What type of property is this?
Retail space - Commercial retail property with an existing lease, private utilities, and dedicated storage space.
Where is this retail space located?
The property is located at 872 Kennedy Memorial Drive Oakland, ME.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 800‑square‑foot retail building on 0.65 acres; Existing 5‑year lease with two additional 5‑year renewal options; Commercial zoning
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message