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Mixed-Use Property with Medical Offices
For Sale
$575,000

141 Riverside Drive, Augusta, ME 04330

The property combines medical office, apartment, and martial arts studio uses with on-site parking.

Property Size9,324 SF
Days on Market1259

Property Features for 141 Riverside Drive

General Information

Standard status Active
Size 9,324 SF
Property subtype Commercial
Zoning Commercial

Units

Multifamily Units 2
Office Units 2

Taxes and HOA fees

Annual Taxes $11,373

Building Details

Building Size 9,324 SF
Year Built 1950
Buildings 2
Stories 2
Tenancy Multi
Listing Agency: Century 21 Venture Ltd.
Listed By: Bruce Holmes
Source: Startpoint
Added: Feb 24, 2023 Changed: Aug 4 Last Checked: Aug 5 at 2:15PM

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 Century 21 Venture Ltd.

Investment Insights

Based on property information with market context.

Built in 1950, this mixed-use property includes two commercial buildings configured for several established uses. The improvements contain two medical offices, two apartments, and a martial arts studio, creating a combination of commercial and residential space within one offering. On-site parking supports the property’s varied occupancy and daily operations.

The property is located at 141 Riverside Drive in Augusta, Maine, along a high-traffic setting. Its existing mix of office, apartment, and studio space provides a practical configuration for an owner-user or investor seeking a multi-use commercial asset.

Key Highlights

  • Two commercial buildings on one property
  • Two medical offices included
  • Two apartments provide residential space

Property Analytics

Current Use

Vacuumcleanershop Big Box & Wholesale Store Master Brent J. ... Training Center

Suggested Use

Top Pick Big Box & Wholesale Store Bakery Nail Salon (Bike/Boat/Book/etc) Store Carpet & Flooring Store Building Supply

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

2
Office units
2
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

187
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
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Frequently Asked Questions

What type of property is this?
Mixed-use property - The property combines medical office, apartment, and martial arts studio uses with on-site parking.
Where is this mixed-use property located?
The property is located at 141 Riverside Drive Augusta, ME.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: Two commercial buildings on one property; Two medical offices included; Two apartments provide residential space
More about this property
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