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    123 Civic Center Dr Augusta, ME 04330

    Sponsored
    For Sale
    $1,600,000

    High-traffic location, 3,257 sq ft, 1.7 acres.

    Property size:
    3,257 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional retail property, located at 123 Civic Center Drive in Augusta, Maine, presents a unique investment opportunity. Boasting a generous 3,257 square feet of space, this property sits on a sizable 1.7-acre lot, offering ample room for expansion, outdoor displays, or additional parking. The strategic location on Civic Center Drive ensures high visibility and accessibility, placing your business in the heart of Augusta's commercial activity. The asking price of $1,600,000 reflects the significant potential this property offers for a variety of retail ventures. The substantial lot size provides flexibility for future development or adaptation to evolving business needs. This property is ideal for businesses seeking a prominent presence in a thriving Maine community. Its size and location make it suitable for a wide range of retail concepts, from established brands to ambitious startups. The substantial square footage allows for diverse layouts and configurations, catering to various business requirements. Serious inquiries are encouraged to explore this exceptional retail opportunity in Augusta, Maine. The property's prime location and generous size offer a compelling investment proposition for discerning buyers. Don't miss this chance to secure a valuable asset in a dynamic market.

    Property Features for 123 Civic Center Dr

    General Information

    Property type
    Retail properties
    Square Feet
    3,257 SF
    Lot Size
    74,052 SF

    Building Details

    Year Built
    1999
    Property Profile Location Intelligence

    Current Use by Public Records

    Denny's Diner The Meltdown Restaurant

    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
    -69.79169
    Latitude
    44.33767

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    FAQs

    What type of property is this?
    Retail property - High-traffic location, 3,257 sq ft, 1.7 acres.
    Where is this retail property located?
    The property is located at 123 Civic Center Dr Augusta, ME.
    What is the asking price?
    The asking price for this property is $1,600,000.
    (207) 772-1333
    Request Owner's contact information
    123 Civic Center Dr 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
    123 Civic Center Dr Augusta, ME 04330
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