Beautiful Office Space or Redevelopment Opportunity

Special Purpose for Sale
Also listed as Office, Multi-Family
Catylist Listing ID: 30748211
Building Size (RSF): 16,238 SF
Gross Building Area: See Agent
Gross Land Area: 1.30 Acres
Sale Price: $700,000
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/11/2021

Overview / Comments

Beautiful office space ready for next tenant or an Ideal redevelopment just off Capitol Street on Parkwood Ave just blocks from the Capitol and downtown. The property consists of a mix of old and new. The original 6,850s/f mansion was built in 1900 and has seen several commercial changes and upgrades including a new 9,470s/f addition. The grounds are beautiful and maintain a private feeling with ample parking. The location lends itself to many development possibilities.

Financials

Finance Data Year 2021
Real Estate Taxes - Annual($) $22,500 (Annual)

Additional Details

Nearest MSA: Augusta-Waterville
County: Kennebec
Tax ID/APN: AUGU-000090-000001
Zoning: CB
Property Visibility: Good
Property Condition: Good
Year Built: 1900
Year Renovated: 2002
Parking Type: Surface
Parking Description: 32 spaces
Heat Type: Electricity, Oil
Heat Source: Baseboard, Heat Pump
Air Conditioning: Package Unit, Window Unit

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,882 18,925 29,336
Median Age: 42.96 44.21 43.87
Households: 2,949 8,802 13,174

Contact

Photograph of Listing Agent

Ed Herczeg

Bean Group Commercial Real Estate Brokerage
NECPE Member
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