Historic Office/Retail Building

Retail-Commercial for Sale
Catylist Listing ID: 30848463
Property Subtypes: Free-Standing Building, Mixed Use
Building Size (RSF): 10,000 SF
Gross Building Area: 18,952 SF
Gross Land Area: 0.23 SF
Sale Price: $950,000
Unit Price: $95 PSF
In Opportunity Zone? Yes
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/2/2024

Overview / Comments

- In Augusta's Water Street Historic District
- 10,000± SF of rentable 1st floor space with 5,000± SF vacant
- 5,000± SF leased by Maine Trial Law, PLLC. Inquire with broker for lease details.
- 8,952± SF lower level basement space
- 14+ foot ceiling height and wraparound deck overlooking the Kennebec River
- Basement provides ample storage or potentially additional office/gym/recreation space
- Built in 1900, extensively renovated in 2009

Financials

Finance Data Year 2023
Real Estate Taxes - Annual($) $11,711 (Annual)

Additional Details

Nearest MSA: Augusta-Waterville
County: Kennebec
Tax ID/APN: 11020_00034 00029 00000
Zoning: KENNEBEC BUSINESS 1
Tenancy: Multiple Tenants
Year Built: 1900
Year Renovated: 2009
Lot Frontage: 1

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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

Contact

Photograph of Listing Agent

Timothy J. Millett, CCIM

Porta & Company NECPE Member
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