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Connected Office Buildings
For Sale
$395,900

65-71 State Street, Augusta, ME 04330

Multiple offices, conference rooms, kitchens, and bathrooms support varied commercial configurations.

Property Size11,314 SF
Days on Market844

Property Features for 65-71 State Street

General Information

Standard status Active
Size 11,314 SF
Property subtype Commercial
Zoning BP

Additional Details

Office Units 40

Taxes and HOA fees

Annual Taxes $9,958

Building Details

Building Size 11,314 SF
Year Built 1820
Buildings 2
Stories 3
Tenancy Multi
Listing Agency: Better Homes & Gardens Real Estate/The Masiello Group
Listed By: Jessica Wiltbank
Source: Startpoint
Added: May 6, 2024 Changed: Aug 21 Last Checked: Aug 26 at 9:19AM

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 Better Homes & Gardens Real Estate/The Masiello Group

Investment Insights

Based on property information with market context.

This office property comprises two substantial buildings linked by a breezeway. The layout includes approximately 37 to 40 offices, along with 3 to 5 larger offices or conference rooms. Seven bathrooms and two kitchens serve the buildings, with an additional bathroom and kitchen associated with a former third-floor apartment area.

The property is located at 65-71 State Street in Augusta, Maine, and carries BP zoning. Built in 1820, the buildings offer a large, adaptable office configuration with additional spaces that may support office, retail, corporate, or medical uses as identified in the property information.

Key Highlights

  • Two large office buildings connected by a breezeway
  • Approximately 37 to 40 offices
  • 3 to 5 large offices or conference rooms

Property Analytics

Current Use

Office buildings

Suggested Use

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

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

40
Office units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,301
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?
Office building - Multiple offices, conference rooms, kitchens, and bathrooms support varied commercial configurations.
Where is this office building located?
The property is located at 65-71 State Street Augusta, ME.
What is the asking price?
The asking price for this property is $395,900.
What are key features of this property?
This property features: Two large office buildings connected by a breezeway; Approximately 37 to 40 offices; 3 to 5 large offices or conference rooms
More about this property
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