Excellent Mixed Use Property

Office for Sale
Catylist Listing ID: 30721489
Property Subtypes: Office Building, Other
Building Size (RSF): 9,324 SF
Gross Building Area: See Agent
Gross Land Area: 0.91 Acres
Sale Price: $595,000
Unit Price: $63.81 PSF
Property Use Type: Investment
Class of Space: Class C
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/5/2021

Overview / Comments

Excellent Mixed-use commercial property - on busy Riverside Drive, conveniently located to all intown locations and just 2 miles to I-95. Two buildings, 0.91 acre lot, terrific visibility, ample parking. The larger building is approx. 7,200 SFD with 2 first floor medical/professional offices (approx. 4,700 SF total) and 2 large residential apartments on the 2nd floor. Well maintained, excellent rental history. The second building is a 2,100 SF 1-story building - perfect for office or retail. Large paved parking area, excellent visibility. Priced below city assessment.

Additional Details

Nearest MSA: Augusta-Waterville
County: Kennebec
Tax ID/APN: 141-147RiversideDriveAugusta04330
Zoning: CB
Property Visibility: Good
Highway Access: 2 miles to I-95
Total Number of Buildings: 2
Construction/Siding: Vinyl Siding
Heat Type: Oil
Heat Source: Baseboard
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,370 17,761 28,119
Median Age: 38.87 43.29 44.14
Households: 2,081 8,302 12,649


Photograph of Listing Agent

Bill SpragueJr.

Sprague & Curtis Real Estate
NECPE Member
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