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    251 Kennedy Memorial Dr Waterville, ME 04901

    Sponsored
    For Lease
    Contact for pricing

    Two prime retail pad sites available.

    Lot size:
    1 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional opportunity presents two vacant pad sites for sale or ground lease at Shaw's Plaza, located at 251 Kennedy Memorial Drive in Waterville, Maine (04901). The property, identified by APN Map 41, Lot 102, is zoned CDRA - Shopping Mall MDL-94 within Kennebec County. These single-tenant sites offer unparalleled visibility and accessibility, situated within a thriving retail center anchored by established businesses including Shaw's Supermarket, Planet Fitness, Flagship Cinemas, Curtain Shop of Maine, Sun Tan City, 90's Nails and Spa, and Applebee's. The plaza boasts ample on-site parking, ensuring convenient access for customers. The location benefits from excellent visibility and easy access from Interstate 95 via Exit 127, providing significant exposure to a large customer base. This is an ideal location for businesses seeking high traffic and a strong retail environment. The total land area is 1 square foot, with further details available upon request. Interested parties should inquire for pricing and lease terms.

    Property Features for 251 Kennedy Memorial Dr

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1 SF

    Unit(s) available at that property

    Space
    Size
    1 SF

    HighLights

    • Two vacant pad sites available for sale or ground lease at Shaw's Plaza, Waterville, ME.
    • Located at 251 Kennedy Memorial Drive, Waterville, ME 04901 (APN Map 41, Lot 102), zoned CDRA - Shopping Mall MDL‑94.
    • High‑visibility location within a thriving retail center anchored by Shaw's, Planet Fitness, and other established businesses.
    • Excellent access from I‑95, Exit 127, and ample on‑site parking.
    • Total land area is 1 square foot (additional details available upon request).
    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
    -69.66576064
    Latitude
    44.54417362

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    FAQs

    What type of property is this?
    Individual retail property - Two prime retail pad sites available.
    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 vacant pad sites available for sale or ground lease at Shaw's Plaza, Waterville, ME.; Located at 251 Kennedy Memorial Drive, Waterville, ME 04901 (APN Map 41, Lot 102), zoned CDRA - Shopping Mall MDL-94.; High-visibility location within a thriving retail center anchored by Shaw's, Planet Fitness, and other established businesses.
    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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