Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Freestanding Retail Building in Augusta Title is generated by Realmo AI

    1 Anthony Ave, Augusta, ME

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    17,500± SF retail building on 2.5± AC lot.

    Type:RETAIL
    Property size:
    17,500 SF
    Lot size:
    2.50 Acres
    Added:
    Sep 11, 2025
    Days on Market:
    250
    Last Refresh:
    Apr 5 at 8:26 pm

    Property Features for 1 Anthony Ave

    General Information

    Standard status
    Active
    Size
    17,500 SF
    Lot size
    2.50 Acres
    Property subtype
    RETAIL

    Spaces For Lease

    at 1 Anthony Ave Contact us

    We can help!

    Listing Contact
    Noah Stebbins
    Noah Stebbins

    Listing agent Noah Stebbins

    Listing office The Boulos Company

    Listing date Sep 11, 2025

    Source Moodyscre

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of The Boulos Company

    HighLights

    • High‑traffic location in Maine's state capital with strong visibility and signage opportunities.
    • Freestanding 17,500± SF retail building on a 2.5± AC lot.
    • Rapid access to I‑95.
    • Approximately 95± on‑site parking spaces with excellent ingress/egress.
    • Flexible zoning and layout suitable for various commercial uses.
    • Located near established businesses including fast food chains, restaurants, hotels, and State of Maine government agencies.

    Overview

    This is a 17,500± SF freestanding retail building situated on a 2.5± AC lot. The property is located along a high-traffic commercial corridor in Maine’s state capital. It offers strong visibility and signage opportunities, along with rapid access to I-95. Approximately 95± on-site parking spaces are available, complemented by excellent ingress and egress. Neighboring businesses include KFC, Taco Bell, Wendy's, 99 Restaurant, Circle K, Fairfield by Marriott Inn & Suites, and Comfort Inn. The property is also surrounded by several State of Maine government agencies. The flexible zoning and layout of the building will allow for a variety of commercial uses.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Great Wall Buffet Restaurant

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Building Supply Auto Repair Shop Hair Salon Big Box & Wholesale Store 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
    -69.7975
    Latitude
    44.3492

    Nearby Similar for Lease

    • $1,200/Mo
      22,286 SF

      Two-Building Office Investment Opportunity

      Two-building office investment with strong tenants and upside potential.
      323-331 State St, Augusta, ME
      View Details
    • $12 SF/Yr
      3,900 SF

      Retail/Flex/Office Space in Augusta

      3,900± SF retail/flex/office space near State House.
      171 Capitol St, Augusta, ME
      View Details
    • $1,500/Mo
      6,000 SF

      Augusta Business Park Office Space

      6,000± SF office space for lease in Augusta Business Park.
      36 Anthony Ave, Augusta, ME
      View Details
    • $13 SF/Yr
      3,517 SF

      Augusta Office Suites For Rent

      Office suites available in downtown Augusta, Maine.
      1 Weston Court, Augusta, ME
      View Details
    • $10 SF/Yr
      3,400 SF

      Available Office Space in Augusta

      3,400± SF office space for lease near State House.
      11 Parkwood Dr, Augusta, ME
      View Details
    • $15 SF/Yr
      4,000 SF

      Prime Augusta Office Space

      4,000 SF office space near Maine State House.
      5 Wade St, Augusta, ME
      View Details
    • Contact for pricing
      14,000 SF

      Augusta Office Building For Sale

      28,000 SF office building in central Maine for sale.
      249 Western Ave, Augusta, ME
      View Details
    • Contact for pricing
      2,000 SF

      Spacious Office with Flexible Layout

      Adaptable office space in a highly visible, convenient location.
      4 Water St, Augusta, ME
      View Details
    • $14 SF/Yr
      3,926 SF

      Professional Office Suites For Rent

      Professional office suites available with on-site amenities and parking.
      45 Commerce Drive, Augusta, ME
      View Details
    • Contact for pricing
      3,216 SF

      Downtown Augusta Office Space

      Professional office space in downtown Augusta with flexible layouts.
      49 Oak St, Augusta, ME
      View Details
    • Contact for pricing
      3,500 SF

      Single-Floor Office Building For Lease

      Single-floor office building for lease in Augusta, Maine.
      28 Meadow Rd, Augusta, ME
      View Details
    • Contact for pricing
      1,350 SF

      Class A Office Space Available

      Class A office space for lease in Augusta, Maine.
      45 Memorial Cir, Augusta, ME
      View Details

    FAQs

    What type of property is this?
    Retail space - 17,500± SF retail building on 2.5± AC lot.
    Where is this retail space located?
    The property is located at 1 Anthony Ave Augusta, ME.
    What is the lease rate?
    The lease rate is $11 SF/Yr.
    What are key features of this property?
    This property features: High‑traffic location in Maine's state capital with strong visibility and signage opportunities.; **Freestanding 17,500± SF retail building on a 2.5± AC lot.**; Rapid access to I‑95.
    (207) 400-6737 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Noah Stebbins
    Noah Stebbins
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1 Anthony Ave, Augusta, ME
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!