Shopping Center

Shopping Center for Sale
Catylist Listing ID: 30656654
Property Subtypes: Community Center, Mixed Use, Strip Center
Building Size (RSF): 22,436 SF
Gross Building Area: See Agent
Gross Land Area: 4.40 Acres
Sale Price: $2,200,000
Unit Price: $98.06 PSF
Property Use Type: Investment, Vacant/Owner-User, Business
Sale Terms: Cash to Seller, Other
Cap Rate: Undisclosed
Last Updated: 10/8/2020

Overview / Comments

Tremendous investment opportunity of established 22,0000 square foot community plaza with 4 total units including Subway, Portland Glass, Hibachi Supreme Buffet and one vacant space of 5,000 sq ft. Minutes from Ext 127 off I95 Oakland/Waterville. Property is located on the corner of Airport Road/Waterville Robert Lafleur Airport with a traffic count of 20,000 AADT. Located on 4 acres in a Commercial C-Zone allowing restaurants, retail, and a variety of other uses. Close proximity to numerous local and national lodging and retailers including Hampton Inn, Shaw's, Hannaford, CVS, Dunkin, Dairy Queen, Pizza Hut, Flagship Cinemas, TJMaxx and much more.

Additional Details

Nearest MSA: Augusta-Waterville
County: Kennebec
Tax ID/APN: WAVL-000036-000000-000028
Zoning: BUSINESS/SHOPPING
Retail Clientele: General, Business, Tourist, Recreation, Other
Property Visibility: Excellent
Largest Nearby Street: Kennedy Memorial Drive
Feet of Frontage: 367
Traffic/Vehicle Count: 20,000
Highway Access: Nearby to I-95
Airports: Waterville's Lafleur Airport (WVL)
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 22,436 SF
Property Condition: Good
Year Built: 1978
Roof Type: Flat
Construction/Siding: Brick, Steel Frame
Parking Type: Surface
Heat Type: Natural Gas
Heat Source: Heat Pump, Other
Air Conditioning: Other
Lot Frontage: 367
Water Service: Municipal
Sewer Type: Municipal
Easements: Utilities

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,526 23,246 31,895
Median Age: 51.21 39.52 40.66
Households: 1,220 9,547 13,230
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