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Three-Story Office Building

122 State Street, Augusta, ME 04330

For Sale
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Finished space across three levels supports varied office layouts, with on-site parking and a prominent State Street address.

Property Size4,517 SF
Lot Size0.35 Acres
Price / SF$143.90
Days on Market20

Property Features for 122 State Street

General Information

Standard status Active
Size 4,517 SF
Lot size 0.35 Acres
Property subtype Office

Additional Details

Road Access Yes
Tenant in Place Yes
Property Use Office

Building Details

Buildings 1
Stories 3
Building Size 4,517 SF
Tenancy Single
Listing Agency: Colliers - Portland, Maine
Listed By: Mike Cobb · License ME DB916555
Source: Crexi
Added: Oct 22 Changed: Nov 8 Last Checked: Nov 10 at 5:35AM

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 Colliers - Portland, Maine

Rey
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Investment Insights

Based on property information with market context.

This freestanding office property contains 4,517± square feet of finished space across three stories, on a 0.35±-acre parcel. The layout allows for a range of office configurations, and parking is available on site. The property is currently occupied by the American Lung Association and is scheduled to transfer vacant at closing.

At 122 State Street, the building is near the Maine State House, state offices, and downtown Augusta. It has approximately 66 feet of frontage along State Street. Zoning supports the area’s government, institutional, and professional office activity; buyers should confirm that their intended use is permitted.

Key Highlights

  • 4,517± square feet of finished office space over three stories
  • 0.35±-acre parcel with on‑site parking
  • Approximately 66’± of frontage on State Street

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

american lung assocation Association / Organization Maine Public Health ... Public Health Department

Suggested Use

Top Pick Building Supply Electrical Service Storage Facility (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,397
Businesses Nearby

Demographics for 04330, ME

26,322
Population
13,017
Households
2
Avg Household Size
44
Median Age
28%
College-Educated
95%
High-School Grad
116.9 sq mi
ZIP Area
225
Density / Sq Mi
$55,158
Median Household Income
$43,177
Median Earnings
$912
Median Rent
$197,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Office buildings in Kennebec County, ME

$125 Jul
$142 Aug
$143 Sep
$140 Oct

Properties on Market for Office buildings in Kennebec County

Jul
Aug
Sep
Oct

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025

Frequently Asked Questions

What type of property is this?
Office building - Finished space across three levels supports varied office layouts, with on-site parking and a prominent State Street address.
Where is this office building located?
The property is located at 122 State Street Augusta, ME.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: 4,517± square feet of finished office space over three stories; 0.35±-acre parcel with on‑site parking; Approximately 66’± of frontage on State Street
(207) 560-8000 Call to check price and availability
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