First-Floor Office
For Sale
$1,750,000
5 Community Drive Unit A1, Augusta, ME 04330
Multi-suite professional office property with shared amenities, multiple entrances, and on-site parking.
Property Size13,446 SF
Price / SF$130.15
Days on Market583
Property Features for 5 Community Drive Unit A1
General Information
Standard status
Active
Size
13,446 SF
Property subtype
Commercial
Occupancy
88%
Lease Term
[]
Net Operating Income
$146,998
Financials
Cap Rate
8.39%
Gross Income
$257,832
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
Listed By:
John Blouin
(207) 680-3667
Source:
Portsiderealestategroup
Added: Jan 23, 2025
Changed: Aug 28
Last Checked: Aug 29 at 11:00AM
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
Investment Insights
Based on property information with market context.
This first-floor office property contains 13,446 square feet arranged across 12 office suites, with multiple entrances serving the building. Shared features include a conference area, fully equipped gym, customer waiting area, and bathrooms. On-site parking supports the office configuration.
The building is adjacent to the Mall at Augusta, the University of Maine at Augusta, and the Augusta Civic Center. It was built in 2000 and is currently 88% leased, with three additional suites available for lease. Existing leases are described as long term, and the property carries an 8.39% cap rate.
The building is adjacent to the Mall at Augusta, the University of Maine at Augusta, and the Augusta Civic Center. It was built in 2000 and is currently 88% leased, with three additional suites available for lease. Existing leases are described as long term, and the property carries an 8.39% cap rate.
Key Highlights
- 13,446‑square‑foot office building constructed in 2000
- 12 office suites with long‑term tenants in place
- 88% leased with three additional suites available
Property Analytics
Property Profile
Current Use
Lease Details
12
Office units
88%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
313
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Multi-suite professional office property with shared amenities, multiple entrances, and on-site parking.
Where is this office building located?
The property is located at 5 Community Drive Unit A1 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: 13,446‑square‑foot office building constructed in 2000; 12 office suites with long‑term tenants in place; 88% leased with three additional suites available
