189 Water Street - Downtown Augusta turnkey office space
Office
for Sale
Also listed as Retail-Commercial
Catylist Listing ID: |
30541096 |
Property Subtypes: |
Executive Suites, Medical, Flex Space, Office Building, Other
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Building Size (RSF): |
10,000 SF
|
Gross Building Area: |
18,952 SF |
Gross Land Area: |
0.23 Acres
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Sale Price: |
$1,000,000 |
Unit Price: |
$100 PSF |
In Opportunity Zone? |
Yes |
Property Use Type: |
Investment |
Building Name: |
189 Water St |
Class of Space: |
Class B |
Usable Size (USF): |
10,000 SF |
Sale Terms: |
Cash to Seller |
Last Updated: |
2/16/2021 |
Overview / Comments
Owner encourages interested parties to make an offer. 189 Water Street is a 1-story turn-key office space with a spectacular view of the Kennebec River. Outfitted with a wrap-around wooden deck, this 10,000 +/- sf building is move-in ready for one large office user or two tenants with shared bathroom facilities. Two basements provide ample storage or potentially additional office space. Heat converted to natural gas in 2014. Historic uses include office and retail, formerly the site of J.C. Penny. 189 Water Street can be sold by itself, or contact broker for more information on the Augusta Opportunity Zone portfolio, including 187, 189, 211, and 244 Water Street.
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Additional Details
Nearest MSA: |
Augusta-Waterville |
County: |
Kennebec |
Taxing Authority: |
City of Augusta |
Tax ID/APN: |
00034 00029 00000 |
Zoning: |
KBD1 |
Property Located Between: |
187 Water Street and Downtown Augusta community garden/Augusta City Parking (surface) |
Property Visibility: |
Excellent |
Highway Access: |
From I-95: Take Exit 109/U.S. 202 E toward Augusta. Continue on US-202 E/Western Ave for about 1.5 miles miles. At the traffic circle, take the 3rd exit onto Water St (right lane). Destination will be on the right in about .4 miles. |
Airports: |
Portland International Jetport, KWVL - Waterville Robert LaFleur Airport |
Site Description: |
Fantastic water views of the Kennebec River from the wraparound deck. Lot includes water frontage, but must be double checked with City. |
Area Description: |
Get in on the ground floor of downtown Augusta’s revitalization! Maine’s Capital City has recently reverted Water St back to a two-way road, increasing business and retail activity. Downtown investments include new housing units and restaurants such as Cushnoc Brewing, The Oak Table & Bar and soon to be State Lunch. Water St is also home to the University of Maine at Augusta Architecture and Art Programs, the offices of Women, Work, and Community, and an art gallery. |
Total Number of Buildings: |
1 |
Number of Stories: |
1 |
Typical SF / Floor: |
10,000 SF |
Year Built: |
1900 |
Year Renovated: |
2009 |
Roof Type: |
Flat |
Construction/Siding: |
Brick, Concrete |
Exterior Description: |
Facade includes 2 entrances to the building from the street. |
Parking Type: |
Surface |
Parking Description: |
City provides parking on street and in centralized lots |
Sprinklers: |
Wet |
Heat Type: |
Natural Gas, Oil |
Interior Description: |
Interior delineated for a number of offices and central call center area. The space |
Zoning Description: |
KBD1 zoning allows for a variety of uses, including medical office, inn, convenience store, and retail. |
Lot Frontage: |
75 |
Water Service: |
Municipal |
Sewer Type: |
Municipal |
Easements: |
Other |
Easements Description: |
Easement to 187 Water Street for access to staircase. Front Street, which runs parallel to Water Street at a lower grade (closer to the river) runs underneath the building, separating the basement into 2 distinct sections. |
Land Ownership: |
Owned |
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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