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    403 Water St Augusta, ME 04330

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    For Lease
    $14 SF/Yr ($16,995 /Mo)

    Freestanding 14,065 SF retail building with drive-thru.

    Property size:
    14,065 SF
    Lot size:
    1.29 Acres

    Property Features for 403 Water St

    General Information

    Size
    14,065 SF
    Lot size
    1.29 Acres

    Source: Malone Commercial Brokers Agent Mark Malone

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

    Overview

    Retail Space with Drive-Thru

    This is a 14,065 square foot retail space in a freestanding building with a drive-thru. The property is situated at the US Routes 201 & 202 Rotary/Memorial Circle. Daily traffic counts at this location are approximately 29,498 (2023). There are 55+/- parking spaces available on-site and nearby. Pylon signage is available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Walgreens Photo Passport Photo Processor Walgreens Cosmetics Store LibertyX Bitcoin ATM Atm Redbox Movie Rental Kiosk COVID-19 Drive-Thru Testing ... Pharmacy

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Augusta
    County
    Kennebec
    State
    Maine
    Longitude
    -69.7780662
    Latitude
    44.3105526

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    FAQs

    What type of property is this?
    Retail space - Freestanding 14,065 SF retail building with drive-thru.
    Where is this retail space located?
    The property is located at 403 Water St Augusta, ME.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    What are key features of this property?
    This property features: - Freestanding building with drive-thru; - Located at the US Routes 201 & 202 Rotary/Memorial Circle; - High daily traffic counts of 29,498± (2023)
    (207) 772-2422
    Request Owner's contact information
    403 Water St 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
    403 Water St Augusta, ME 04330
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