884 Kennedy Memorial Dr Oakland, ME 04963-4825
This exceptional commercial property, located at 884 Kennedy Memorial Drive in Oakland, Maine, presents a unique investment opportunity. Priced at $650,000, this 1.4-acre lot boasts a substantial 3,800 square feet of retail space distributed across multiple buildings. The property enjoys excellent visibility and high traffic counts due to its strategic location on Kennedy Memorial Drive, directly across from Mid-Maine Marine. The expansive lot offers over 300 feet of road frontage, providing ample space for signage and customer access. The versatile layout of multiple buildings allows for diverse business applications and potential expansion. This property is ideal for entrepreneurs seeking a high-profile location with significant development potential in a thriving Maine community. The 04963 zip code ensures easy access to local amenities and a strong customer base. The property's size and location make it an attractive option for a variety of retail businesses seeking a prominent presence in Oakland. This is a rare opportunity to acquire a well-positioned commercial property in a desirable market. The square footage reflects the combined area of the multiple buildings on the site.
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
HIGHWA · Oakland, MEOakland. Always verify with local authorities before improvements.
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.