Large Augusta Multi Use Building!
Industrial
for Sale
Catylist Listing ID: |
30847358 |
Property Subtypes: |
Warehouse/Distribution, Other
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Building Size (RSF): |
57,330 SF
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Gross Land Area: |
2.26 Acres
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Sale Price: |
$699,000 |
Unit Price: |
$12.19 PSF |
Ceiling: |
10 ft. Clear |
Docks/Doors: |
1 Dock |
In Opportunity Zone? |
Yes |
Property Use Type: |
Investment, Business |
Building Name: |
74 Water St |
Sale Terms: |
Cash to Seller |
Cap Rate: |
Undisclosed |
Last Updated: |
4/26/2024 |
Overview / Comments
Large multi-use building located right in the heart of Downtown Augusta!! Lots of potential uses, 6 levels, 57,330 SF, lots of area for parking out back, large 2.26 acre lot, Historic District and Opportunity Zone area,(check with the city for more info) north end of Water St – not far from Mill Park. Real good development opportunity, architectural renderings available for potential conversion, rock solid building – former cotton mill warehouse. (ceilings are somewhat low) Possible uses could be: housing,(very much needed – could be a Maine Housing candidate with Federal Tax Credits) office space, storage – for both cold and heated, retail, vehicle/boat storage, parking garage, etc. Much, much potential! Bring your ideas. A large building with a big lot, and a downtown location do not come along that often.
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Additional Details
Nearest MSA: |
Augusta-Waterville |
County: |
Kennebec |
Tax ID/APN: |
11020_00034 00006 00000 |
Zoning: |
INDUSTRIAL; KDB1 |
Highway Access: |
Minutes to I 295 |
Site Description: |
Parking: 3,600+- SF of asphalt paving
HVAC: none
Has Sprinklers
Const.Type: Brick/cement |
Tenancy: |
Multiple Tenants |
Number of Stories: |
6 |
Year Built: |
1929 |
Roof Type: |
Other |
Construction/Siding: |
Other |
Exterior Description: |
Concrete, Other Exterior |
Parking Type: |
Surface |
Parking Description: |
21+ spaces On Site |
Demographic Statistics
Proximity: |
1 mile |
3 miles |
5 miles |
Total Population: |
6,222 |
16,337 |
27,681 |
Median Age: |
38.54 |
43.77 |
44.02 |
Households: |
3,008 |
7,708 |
12,449 |
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