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    5 Community Dr, Unit A1 Augusta, ME 04330

    For Sale
    $1,750,000

    SINGLE_FAMILY - Augusta, ME

    Type:Office
    Property size:
    13,446 SF
    Lot size:
    0.75 Acres
    Days on Market:
    74
    Last Refresh:
    Dec 5 at 1:06 am

    Property Features for 5 Community Dr

    General Information

    Property type
    Residential
    Property subtype
    Office
    Standard status
    Active
    Zoning
    CD
    Size
    13,446 SF
    Lot size
    0.75 Acres

    Utilities

    Sewer type
    Public Sewer
    Cooling system
    Wall/Window Unit(s), Window Unit(s)

    Building Details

    Year built
    2000
    Number of units
    13
    Flooring type
    Laminate, Tile, Carpet
    Building materials
    Brick

    Vallee Harwood & Blouin Real Estate (207) 622-2220 [email protected]

    Listing agent John Blouin (207) 622-2220

    Listing date Sep 23, 2025

    Copyright © 2025 Maine Real Estate Information System, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Augusta Office Building Investment

    This commercial office building, constructed in 2000, offers over 13,000 square feet of prime office space. The property is situated at a central location adjacent to the Mall at Augusta, the University of Maine at Augusta, and the Augusta Civic Center. The building, operating as a condo, houses a collection of professional tenants within 12 different office suites. These tenants share access to a conference area, a fully equipped gym, a customer waiting area, and bathrooms. The first-floor office space features multiple entrances and ample parking. The property is currently 88% leased, with three additional suites available for lease to generate further income. The location on 0.75 acres is considered ideal. The present 2025 rental income is $20,931 per month, totaling $257,832 annually. With 2024 annual expenses reported at $110,834, the net income is $146,998, reflecting a cap rate of 8.39 percent.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    CapitalGate Development, LLC Records Storage Facility Landrum Osteopathic Doctor Lisa Martin Skincare ... Skin Care Clinic Old Dirigo SR ... Auto Insurance Agency Maine Rural Development ... Government Office

    Suggested Use

    Realty agency Restaurant Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Augusta
    County
    Kennebec
    State
    Maine
    Longitude
    -69.7934137
    Latitude
    44.340832

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    FAQs

    What type of property is this?
    Office building - First-class commercial office building with long-term tenants and high visibility.
    Where is this office building located?
    The property is located at 5 Community Dr, Unit A1 Augusta, ME.
    What is the asking price?
    The asking price for this property is $1,750,000.
    What are key features of this property?
    This property features: - High annual net income of $146,998 with an 8.39% cap rate.; - Prime location adjacent to the Mall at Augusta, University of Maine, and the Augusta Civic Center.; - Significant rental income of $20,931 per month or $257,832 per year.
    (207) 622-2220
    Request Owner's contact information
    5 Community Dr, Unit A1 Augusta, ME 04330
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    Augusta, ME 04330
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5 Community Dr, Unit A1 Augusta, ME 04330
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