For Sale
$389,000

836 Kennedy Memorial DrOakland, ME 04963

Prime Retail Space, High Traffic, $389,000

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional mixed-use property, located at 836 Kennedy Memorial Drive in Oakland, Maine, presents a compelling investment opportunity. The 1,600 square foot building, constructed in 1979, sits on a 0.77-acre lot and boasts a steel frame construction. Currently configured as a convenience store and storefront, this versatile space offers numerous commercial possibilities. The property features a paved parking lot with ample parking, catering to the high volume of traffic in this thriving location. Its strategic position less than half a mile from the interstate provides excellent accessibility. The surrounding area is bustling with commercial activity, including restaurants, car dealerships, and other retail establishments along Kennedy Memorial Drive. Furthermore, the property benefits from its proximity to Colby College and Thomas College, ensuring a consistent customer base. Its central location offers easy access to both Bangor (within 50 minutes) and Augusta (within 15 minutes). The asking price is $389,000, translating to $243.12 per square foot. This single-story building presents a rare chance to acquire a well-situated commercial property with significant growth potential. The property consists of one unit.

Highlights

  • $389,000 asking price for this mixed-use retail property.
  • 1,600 square feet on a 0.77-acre lot.
  • Located at 836 Kennedy Memorial Dr, Oakland, ME 04963.
  • Features a 1,600 sq ft steel frame building with paved parking.
  • High traffic count location near I-95, Colby College, and Thomas College.

Property Details for 836 Kennedy Memorial Dr

Property type
Retail properties, Mixed-use properties
Square Feet
1,600 SF
Year Built
1979
Buildings
1
Stories
1
Lot Size (sq. ft)
33,541 SF
Units
1

Location Insight

City
Oakland
County
Kennebec
State
Maine
Latitude
44.543829474374
Longitude
-69.687824963945
836 Kennedy Memorial Dr, Oakland, Maine

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836 Kennedy Memorial Dr
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