Two-Building Office Investment Portfolio

Office for Sale
Sale Pending
Catylist Listing ID: 30803078
Property Subtypes: Office Building
Status: Pending
Building Size (RSF): 48,000 SF
Gross Building Area: See Agent
Gross Land Area: 3.95 Acres
Sale Price: $4,995,000
Unit Price: $104.06 PSF
In Opportunity Zone? Yes
Property Use Type: Investment
Class of Space: Class B
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/3/2023

Overview / Comments

Two-building office investment package fully leased to TRC Engineers LLC ( thru 12/31/2026

14 Gabriel Drive is a 20,000+/- SF two-story office directly of Civic Center Drive

Western Avenue is a 28,000+/- SF two-level high visibility office on Western Avenue

Offered at $4,995,000 (8.4% cap)

Additional Details

Nearest MSA: Augusta-Waterville
County: Kennebec
Taxing Authority: City of Augusta
Tax ID/APN: 19/78 & 1/232
Zoning: CC & IA
Property Visibility: Excellent
Highway Access: Close to Maine Turnpike
Total Number of Buildings: 2
Number of Stories: 2
Parking Type: Surface
Heat Type: Natural Gas
Zoning Description: CC - Regional Business iA - Industrial District
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,405 16,239 27,520
Median Age: 43.82 43.9 43.94
Households: 1,743 7,616 12,356


Photograph of Listing Agent

Christopher Paszyc, CCIM, SIOR

The Boulos Company NECPE Member
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