Historic Multi-Tenant Office
For Sale
Contact for pricing
295 Water Street, Augusta, ME 04330
Multi-tenanted office and mixed-use building with first-class office space overlooking the Kennebec River.
Property Size52,500 SF
Days on Market136
Property Features for 295 Water Street
General Information
Standard status
Active
Size
52,500 SF
Property subtype
Office
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Tenancy
Multi
Listing Agency:
Cardente Real Estate
Listed By:
Matthew Cardente · License #ME 905323
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Jul 22 at 2:46AM
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 Cardente Real Estate
Investment Insights
Based on property information with market context.
The Olde Federal Building is a landmark, multi-tenanted office and mixed-use property totaling approximately 52,500+/- square feet. The building includes approximately 41,200+/- RSF of office space with views overlooking the Kennebec River and the Augusta Waterfront. Listed on the National Historic Register and eligible for State and Federal Historic Tax Credits, the property is well suited for redevelopment or investment strategies.
Located just off Western Avenue, the building is minutes from I-95. It is also within walking distance of Key Plaza and the new State Courthouse, with a short drive to the State Government campus.
As a mixed-use, multi-tenant office asset with river and waterfront views and historic tax credit eligibility, the Olde Federal Building offers an architecturally significant setting for office occupants and investors evaluating adaptive reuse.
Located just off Western Avenue, the building is minutes from I-95. It is also within walking distance of Key Plaza and the new State Courthouse, with a short drive to the State Government campus.
As a mixed-use, multi-tenant office asset with river and waterfront views and historic tax credit eligibility, the Olde Federal Building offers an architecturally significant setting for office occupants and investors evaluating adaptive reuse.
Key Highlights
- 52,500 +/- SF multi‑tenanted office and mixed‑use building in Augusta, ME
- 41,200 +/- RSF first‑class office space overlooking the Kennebec River and Augusta Waterfront
- Located just off Western Avenue and minutes from I‑95
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,515
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Office in Northeast region
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Frequently Asked Questions
What type of property is this?
Office building - Multi-tenanted office and mixed-use building with first-class office space overlooking the Kennebec River.
Where is this office building located?
The property is located at 295 Water Street Augusta, ME.
What are key features of this property?
This property features: 52,500 +/- SF multi‑tenanted office and mixed‑use building in Augusta, ME; 41,200 +/- RSF first‑class office space overlooking the Kennebec River and Augusta Waterfront; Located just off Western Avenue and minutes from I‑95
