251 Kennedy Memorial Dr Waterville, ME 04901
For Sale
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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.
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Shaw's Bakery Specialty Food Shop
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Citizens ATM Atm
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FedEx OnSite Postal Service Courier Service
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Shaw's Pharmacy Pharmacy
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Redbox Cinema (Bike/Boat/Book/etc) Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.