Large Augusta Multi Use Building!
Office
for Sale
Also listed as Industrial
| Catylist Listing ID: |
30847358 |
| Property Subtypes: |
Mixed Use
|
| Building Size (RSF): |
57,330 SF
|
| Gross Land Area: |
2.26 Acres
|
| Sale Price: |
$890,000 |
| Unit Price: |
$15.52 PSF |
| In Opportunity Zone? |
Yes |
| Property Use Type: |
Investment, Business |
| Building Name: |
74 Water St |
| Class of Space: |
Class |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
9/1/2023 |
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.
|
Additional Details
| Nearest MSA: |
Augusta-Waterville |
| County: |
Kennebec |
| Tax ID/APN: |
11020_00034 00006 00000 |
| Zoning: |
INDUSTRIAL; KDB1 |
| Property Visibility: |
Excellent |
| Highway Access: |
Minutes to I 295 |
| Site Description: |
Parking: 3,600+- SF of asphalt paving
HVAC: none
Has Sprinklers
Const.Type: Brick/cement |
| 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: |
6,976 |
16,337 |
27,681 |
| Median Age: |
38.92 |
43.77 |
44.02 |
| Households: |
3,379 |
7,708 |
12,449 |
|
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