Well Maintained Historic Office Building

Office for Lease
Catylist Listing ID: 30645313
Property Subtypes: Office Building
Contiguous Space: 800 - 4,287 SF
Gross Building Area: See Agent
Lease Rate: $1,000 - 2,100 (Monthly)
$2.80 - 5.88 PSF (Annual)
Lease Types: Gross Lease
In Opportunity Zone? Yes
Last Updated: 1/19/2022

Overview / Comments

The ‘West Wing’:
Option A: The first floor is approximately 800+/- SF with access from the rear side entry, with a bathroom in the hallway. This could be adequate for a single professional person. This would be secured off from the remaining area.

Lease Rate: $1,000/ month including all utilities and possible enhancements such as conference room privileges and kitchenette use.

Option B: The first floor combined with the second floor would provide space for a reception/waiting area and secretary on the first floor as well as a private office, work area, and bathroom on the second floor.

Lease Rate: $1,885/month including utilities but also including the enhancements.

Option C: This would be all the area of Option B plus adding on an additional second floor office. This would add about another 200+ SF for a total of 1800 SF.

Lease Rate: $2,100/month including utilities but also including the enhancements.

Rental Perks:
1. Shared use of the kitchenette and the very attractive conference room with Maine Long- Term Care Ombudsman Program.
2. Parking: Dedicated parking spaces for the tenant’s clients in front and, or, possible staff parking in back.
3. Signage: Signage is key factor for a tenant. Signage is available in front on Winthrop Street, which offers good visibility. Signage on the side street and on the building by the side entrance would also be available.

Description of the Building: The subject property is a great example of a large attractive historic home converted to office space and that has been well maintained. Of note is the iconic front entry staircase that spirals up to the second floor without any apparent support. In February 1999, the Kennebec Historical Society moved into 61 Winthrop Street (built about 1811, and now known as the Johnson-Baker-Shelton House).

It was completely renovated in 1998 and is currently used as an office building. According to the city tax files the structure has a total of 8,264 SF with 4,287 SF of usable area. It is three stories, although the third story has just a small room currently used for IT purposes. The first floor is comprised of 3 private offices, one bathroom, a kitchenette, a conference room, and has 2 fireplaces. The second floor has a 2nd bathroom, 5 offices, and one additional fireplace. There is a second means of egress to the second floor with a front stairwell and a rear set of stairs. The carriage house has room for one vehicle but is best suited for storage on both levels. On the outside of the structure there are porches and patios. The property has attractive landscaping, fences, and flowerbeds.

Utilities: All public utilities are available to the subject site. These utilities
include telephone, electricity, cable, Internet, and public water and public sewer.

Parking and Surface Cover: The site is improved with 6750 square feet of paved parking area. It has entrances off Winthrop Street and Summer Street with ample parking in the lot off Summer Street. There is another driveway off Winthrop Street that leads to a carriage house with room for one vehicle, this could act as overflow parking if needed. There is also some limited Street parking. According to the City of Augusta code for office space use, the property would be required to show parking for 12 vehicles. The property appears to meet that criteria.

Traffic Count: Winthrop Street being a feeder to the higher traffic count on State Street only shows a moderate traffic count. Using the nearest Maine Department of Transportation’s Traffic Count, the average daily count is nearest the subject property is as follows:
AUGUSTA 06007 10306-5 WINTHROP ST W/O SR 8/11/27 (STATE ST) I - 4780 S –

Expand All Available Space

Suite: 1-2 4,287 SF $1,000 - 2,100 (Monthly) Gross Lease
Level/Floor: 1-2
Space Available: 4,287 SF
Minimum Divisible: 800 SF
Lease Rate: $1,000 - 2,100 (Monthly)
$2.80 - 5.88 PSF (Annual)
Lease Type: Gross Lease
Date Available: 6/1/2020
Space Type: Relet
Kitchen Yes
Parking Spaces 12
Tax Expenses $8,614 PSF (Annual)

Additional Details

Nearest MSA: Augusta-Waterville
County: Kennebec
Tax ID/APN: 11020_00034 00175 00000
Zoning: COMMERCIAL

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,145 17,075 27,681
Median Age: 38.23 43.99 44.02
Households: 2,552 8,101 12,449

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