20 Winter Street

Office for Sale
Catylist Listing ID: 30779742
Property Subtypes: Office Building
Building Size (RSF): 3,295 SF
Gross Building Area: 6,620 SF
Gross Land Area: 0.23 Acres
Sale Price: $400,000
Unit Price: $121.40 PSF
In Opportunity Zone? Yes
Property Use Type: Investment, Vacant/Owner-User, Business
Building Name: Augusta Office Building / Multi-Family Conversion
Class of Space: Class B
Sale Terms: Cash to Seller
Cap Rate: 8.0%
Last Updated: 1/12/2022

Overview / Comments

Tremendous in-town office building with eight private office suites, a large meeting room, two break-room areas and a large attached barn great for storage of files or potential for additional finished space. Ample off-street parking. Current tenant is relocating, providing a great opportunity for owner-user or to re-tenant and hold as investment. This property could also be converted to a combination of office and multi-family or complete multi family. Lot's of options here.

Financials

Finance Data Year 2021
Real Estate Taxes - Annual($) $4,534 (Annual)

Additional Details

Nearest MSA: Augusta-Waterville
County: Kennebec
Tax ID/APN: AUGU-000028-000070
Zoning: RB2
Property Visibility: Good
Airports: Augusta State Airport - 1/2 mile
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 1,877 SF
Year Built: 1885
Roof Type: Gable
Construction/Siding: Vinyl Siding
Parking Type: Surface
Total Parking Spaces: 10
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Central, Heat Pump
Air Conditioning: Other
Internet Access: Cable, Fiber Optic
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,145 16,337 27,681
Median Age: 38.23 43.77 44.02
Households: 2,552 7,708 12,449

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