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    251 Kennedy Memorial Dr Waterville, ME 04901

    Sponsored
    For Sale
    Contact for pricing

    Two pad sites, ideal retail location. High traffic, strong anchors.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional opportunity presents two prime commercial pad sites available for sale or ground lease in the thriving Shaw's Plaza, located at 251 Kennedy Memorial Drive, Waterville, Maine, 04901 (APN: Map 41, Lot 102). Situated in Kennebec County, this property benefits from a highly visible location with convenient access from I-95 via Exit 127. The sites are zoned CDRA - Shopping Mall MDL-94, making them suitable for a variety of retail uses. The plaza boasts a strong tenant mix, including established businesses such as Shaw's, Planet Fitness, Flagship Cinemas, Curtain Shop of Maine, Sun Tan City, 90's Nails and Spa, and Applebee's, ensuring high foot traffic and visibility for potential occupants. Ample on-site parking is available for customers and employees. This is an excellent investment opportunity in a well-established and highly trafficked retail center. The property is owned by B33 Waterville II, LLC. Further details regarding pricing and lease terms are available upon request.

    Property Features for 251 Kennedy Memorial Dr

    General Information

    Property type
    Individual retail properties

    HighLights

    • Two pad sites available for sale or ground lease in Waterville, ME.
    • Located at 251 Kennedy Memorial Drive, Waterville, ME 04901 (APN: Map 41, Lot 102).
    • Zoned CDRA - Shopping Mall MDL‑94.
    • Strong tenant mix including Shaw's, Planet Fitness, and other national retailers.
    • Excellent visibility and access from I‑95 via Exit 127 with ample on‑site parking.
    Property Profile Location Intelligence

    Current Use by Public Records

    Shaw's Bakery Citizens ATM Atm FedEx OnSite Mailing Service Shaw's Pharmacy Pharmacy Redbox Movie Rental Kiosk

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Waterville
    County
    Kennebec
    State
    Maine
    Longitude
    -69.6655094
    Latitude
    44.544046

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    FAQs

    What type of property is this?
    Individual retail property - Two pad sites, ideal retail location. High traffic, strong anchors.
    Where is this individual retail property located?
    The property is located at 251 Kennedy Memorial Dr Waterville, ME.
    What are key features of this property?
    This property features: Two pad sites available for sale or ground lease in Waterville, ME.; Located at 251 Kennedy Memorial Drive, Waterville, ME 04901 (APN: Map 41, Lot 102).; Zoned CDRA - Shopping Mall MDL-94.
    (207) 553-1721
    Request Owner's contact information
    251 Kennedy Memorial Dr Waterville, ME 04901
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    Waterville, ME 04901
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    251 Kennedy Memorial Dr Waterville, ME 04901
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