DOWNTOWN DEMPSEY CENTER BUILDING FOR SALE

Office for Sale
Catylist Listing ID: 30819263
Property Subtypes: Office Building
Building Size (RSF): 24,009 SF
Gross Building Area: See Agent
Gross Land Area: 1 Acre
Sale Price: $2,395,000
Unit Price: $99.75 PSF
In Opportunity Zone? Yes
Property Use Type: Investment
Class of Space: Class B
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/28/2022

Overview / Comments

The Dempsey Center is a large office building situated in the heart of downtown Waterville with private parking lot and easy access to the Maine Turnpike. Within walking distance to many local restaurants, unique shops, the Riverwalk, and other amenities, this property is an excellent redevelopment opportunity within the vibrant and revitalized Waterville community. The building could be occupied by one business or fit up for multiple tenants.

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Additional Details

Nearest MSA: Augusta-Waterville
County: Kennebec
Tax ID/APN: 48/319
Zoning: CA - COMMERCIAL-A
Property Visibility: Excellent
Number of Stories: 2
Year Built: 1950
Roof Type: Flat
Construction/Siding: Brick
Total Parking Spaces: 26
Heat Type: Electricity
Heat Source: Baseboard
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,343 25,835 31,489
Median Age: 39.2 40.23 40.73
Households: 4,175 10,727 13,044
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