Prime Retail Property For Sale or Lease

Retail-Commercial for Sale
Catylist Listing ID: 29942704
Property Subtypes: Free-Standing Building, Other
Building Size (RSF): 2,972 SF
Gross Building Area: See Agent
Gross Land Area: 0.47 Acres
Sale Price: $525,000
Unit Price: $176.65 PSF
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/15/2017

Overview / Comments

We are pleased to offer 475 Kennedy Memorial Drive in Waterville for sale or lease. This 2,972 square foot retail building on a 0.47 acre lot is located on the I-95 ramp and Kennedy Memorial Drive, one of Waterville’s two largest retail arteries. Direct exposure from I-95 and Kennedy Memorial Drive. Abundant national retail neighbors. Zoning provides for zero sideline setbacks if the property is redeveloped. Great retail opportunity in Waterville, one of the top six retail hubs in Maine.

Additional Details

Nearest MSA: Augusta-Waterville
County: Kennebec
Submarket/Township: Waterville/Augusta
Tax ID/APN: *
Zoning: COMMERCIAL C
Retail Clientele: General, Business, Traveler
Property Located Between: I-95 on-ramp and Burger King
Property Visibility: Excellent
Feet of Frontage: 1
Highway Access: Adjacent to I-95 on-ramp
Tenancy: Single Tenant
Total Number of Buildings: 1
Construction/Siding: Brick, Wood Frame
Parking Type: Surface
Parking Description: 42+ spaces
Heat Type: Oil
Lot Frontage: *

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,526 20,379 31,895
Median Age: 51.21 39.72 40.66
Households: 1,220 8,250 13,230

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