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Condo Office Building with Multiple Entrances
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5 Community Drive, Augusta, ME 04330

First-floor office space in a condo building with multiple entrances, about 13,446 SF, and 12 office suites.

Property Size13,446 SF
Price / SF$130.15
Days on Market549

Property Features for 5 Community Drive

General Information

Standard status Active
Size 13,446 SF
Property subtype OFFICE

Additional Details

Office Units 12

Amenities

conference area
fully equipped gym
customer waiting area
bathrooms

Building Details

Year Built 2000
Buildings 1
Tenancy Multi
Listing Agency: LAER Realty Partners
Listed By: John Blouin
Source: Moodyscre
Added: Feb 3, 2025 Changed: Jul 31 Last Checked: Aug 6 at 8:40AM

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 LAER Realty Partners

Investment Insights

Based on property information with market context.

First-class commercial office condo building with over 13,000 square feet of office space. The property contains 12 office suites with long-term tenants under leases, and multiple suites share a conference area. Common amenities include a fully equipped gym, a customer waiting area, and bathrooms.

Office space is on the first floor and includes multiple entrances, along with plenty of parking. The building is adjacent to the Mall at Augusta, the University of Maine at Augusta, and the Augusta Civic Center.

The original owner has held the property since it was built in 2000, and the condo structure provides a multi-suite office configuration within the same building.

Key Highlights

  • Over 13,000 SF office condo building
  • 12 office suites with long‑term tenant leases
  • First‑floor offices with multiple entrances

Property Analytics

Current Use

CapitalGate Development, LLC Storage Facility Landrum Osteopathic Alternative Medicine Practice Lisa Martin Skincare ... Medical Clinic Old Dirigo SR ... Insurance Agency Maine Rural Development ... Government Office

Suggested Use

Top Pick Real Estate Agency Grocery & Convenience Store Locksmith Law Firm (Bike/Boat/Book/etc) Store Electrical 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

12
Office units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

313
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

Market

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
Rey
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Frequently Asked Questions

What type of property is this?
Office building - First-floor office space in a condo building with multiple entrances, about 13,446 SF, and 12 office suites.
Where is this office building located?
The property is located at 5 Community Drive Augusta, ME.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: Over 13,000 SF office condo building; 12 office suites with long‑term tenant leases; First‑floor offices with multiple entrances
(207) 446-7708 Call to check price and availability
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