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Offered at $350,000Active
beds
—
baths
0
sq ft
800
Built
1950

872 Kennedy Memorial Drive

Oakland, ME 04963

About this home

Excellent Investment Opportunity! This property is being offered for sale subject to an existing 5-year lease, with two additional 5-year renewal options. Located in a great location with strong visibility and accessibility, this property offers an attractive opportunity for an investor seeking long-term income and future A solid investment with an established tenant and additional lease terms providing stability and flexibility for the future.

Listing last checked: Listing updated:

Listed by Listing Agent · Coldwell Banker Plourde Real Estate · MLS #1680961

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Details at a glance

Interior3 property facts
Heating
Oil, Baseboard
Cooling
None
Flooring
Concrete, Vinyl
Building4 property facts
Style
Retail
Year built
1950
Foundation
Slab
Roof
Fiberglass
Land & utilities4 property facts
Lot size
0.65 acres
Water
Private
Sewer
Private Sewer
Zoning
Commercial
Financial2 property facts
Annual taxes
$1,338
Assessment year
2026

Location

Estimated monthly cost

Explore costs at the $350,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$1,881 / monthAdjust
Principal & interest
$1,770
Property tax
$112
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $1,338. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.

Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.

The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.

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About 872 Kennedy Memorial Drive

Can I request a private showing?

Request a tour of 872 Kennedy Memorial Drive and a Bean Group agent will help coordinate an available time with the listing side.

Can you help me evaluate this property?

Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

Are property documents available?

Availability varies by property and source. Request the documents you need and we will help obtain what is available.