Professional Office Building For Sale

Office for Sale
Catylist Listing ID: 30831680
Property Subtypes: Office Building
Building Size (RSF): 11,488 SF
Gross Building Area: See Agent
Gross Land Area: 0.13 Acres
Sale Price: $969,000
Unit Price: $84.35 PSF
In Opportunity Zone? Yes
Property Use Type: Investment
Class of Space: Class B
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/27/2023

Overview / Comments

Fully tenanted professional office building available in the heart of downtown Augusta. The building has been well maintained and a new roof was installed in 2021. There are 10 dedicated parking spaces on-site as well as free public parking via abutting parking lot and nearby parking garage. Excellent location just minutes to the Maine Turnpike. Near the state capital, many state agencies, Capital Park, The Kennebec River Rail Trail, and the YMCA. Downtown Augusta has been recently revitalized and has much to offer including the Kennebec River waterfront, Colonial Theater renovation, several new restaurants, brew pubs and more. Join the vibrant Augusta community with this wonderful investment in the thriving downtown area.

Attachments & Media

Financials

Finance Data Year 2023
Real Estate Taxes - Annual($) $13,919 (Annual)

Additional Details

Nearest MSA: Augusta-Waterville
County: Kennebec
Tax ID/APN: 33/217
Zoning: KBD1
Year Built: 1996
Parking Description: 10 on-site dedicated parking spaces plus free public parking nearby
Heat Type: Oil
Lot Frontage: 67
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,995 17,075 28,465
Median Age: 38.77 43.99 43.99
Households: 2,921 8,101 12,799

Contact

Photograph of Listing Agent

Dennis Wheelock

Magnusson Balfour/KW Commercial a div. of Keller Williams Realty
NECPE Member
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