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    525 Eastern Ave Augusta, ME 04330

    Sponsored
    For Sale
    $725,000

    20 Acres, 4,560 SF Office Space

    Property size:
    4,560 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional Augusta, ME commercial property presents a unique investment opportunity. Situated on a sprawling 20.9-acre lot with significant road frontage and high visibility, the property boasts a substantial 4,560 square foot office building. The building itself features ten individual offices or rooms, four bathrooms, a spacious kitchen, ample storage rooms, and a large welcoming foyer. A full basement provides additional storage space. The building is well-maintained, showcasing attractive curb appeal and a metal roof with vinyl siding. Heating is provided by a radiant heat system fueled by an oil boiler, supplemented by an automatic generator for reliable power. Parking is abundant, with over 50 spaces available in a large paved lot. The property's expansive acreage offers significant potential for future expansion or subdivision, subject to municipal approvals. The building's excellent condition and versatile layout make it suitable for a variety of commercial uses. This is a rare opportunity to acquire a substantial property with significant land and building improvements in a highly visible location. The property is offered at $725,000.

    Property Features for 525 Eastern Ave

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    4,560 SF
    Lot Size
    910,404 SF

    Building Details

    Year Built
    1997
    Property Profile Location Intelligence

    Current Use by Public Records

    Uncle Henry's Advertising Agency All Seasons Yard ... Lawn Care Service

    Suggested Use

    Restaurant Realty agency Building Supply Dental Office Wholesale Shop Auto Repair Shop Diner

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

    Location Insight

    • Map
    • Local Demand
    City
    Augusta
    County
    Kennebec
    State
    Maine
    Longitude
    -69.72558
    Latitude
    44.29789

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    FAQs

    What type of property is this?
    Office Property / Space - 20 Acres, 4,560 SF Office Space
    Where is this office property / space located?
    The property is located at 525 Eastern Ave Augusta, ME.
    What is the asking price?
    The asking price for this property is $725,000.
    (207) 623-1123
    Request Owner's contact information
    525 Eastern Ave 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
    525 Eastern Ave Augusta, ME 04330
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