Catylist ID:
#30848461
Historic Residential Redevelopment
Retail-Commercial
for Sale
Also listed as Office
| Catylist Listing ID: | 30848461 |
| Property Subtypes: | Free-Standing Building, Mixed Use, General |
| Building Size (RSF): | 13,750 SF |
| Gross Building Area: | 20,800 SF |
| Gross Land Area: | 0.18 Acres |
| Sale Price: | $800,000 |
| Unit Price: | $58.18 PSF |
| In Opportunity Zone? | Yes |
| Property Use Type: | Net Leased Investment (NNN), Investment, Vacant/Owner-User |
| Building Name: | 211 Water St |
| Sale Terms: | Cash to Seller |
| Cap Rate: | 8.7% |
| Last Updated: | 4/24/2024 |
Overview / Comments
|
- In Augusta's Water Street Historic District - 20,800± SF five-story building in Downtown Augusta overlooking the Kennebec River - 7,113± SF 1st floor NNN leased to SGC Engineering. - Two (2) 3,000± SF walkup floors in shell condition ideal for residential conversion - Many recent mechanical and structural improvements |
Attachments & Media
Additional Details
| Nearest MSA: | Augusta-Waterville |
| County: | Kennebec |
| Tax ID/APN: | 00034 00031 00000 |
| Zoning: | KENNEBEC BUSINESS 1 |
| Tenancy: | Multiple Tenants |
| Lot Frontage: | 1 |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 6,976 | 17,075 | 27,681 |
| Median Age: | 38.92 | 43.99 | 44.02 |
| Households: | 3,379 | 8,101 | 12,449 |
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