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Office Building with Historic Architecture
For Sale
$299,000

16 E Chestnut Street, Augusta, ME 04330

Consultation rooms, reception and administrative areas support the property's current professional office configuration.

Property Size5,725 SF
Price / SF$52.23
Days on Market326

Property Features for 16 E Chestnut Street

General Information

Standard status Active
Size 5,725 SF
Total Parking Spaces 14
Property subtype Commercial
Zoning BP

Additional Details

Road Access Yes
Property Use Office

Taxes and HOA fees

Annual Taxes $6,590

Building Details

Building Size 5,725 SF
Year Built 1906
Buildings 1
Stories 3
Listing Agency: Pouliot Real Estate
Listed By: Matthew Pouliot
Source: Amerorealty
Added: Dec 10, 2025 Changed: Oct 31 Last Checked: Oct 31 at 2:13PM

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 Pouliot Real Estate

Rey
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Investment Insights

Based on property information with market context.

The Algernon Bangs House is a 5,725-square-foot office property in Augusta, Maine, listed on the National Register of Historic Places. Its interior includes private consultation rooms, a reception area and administrative space, alongside period moldings, custom windows and an ornate exterior. The second and third floors each have a bathroom. The building also has an externally accessible basement used for dry storage, with potential for finished space.

The property occupies a corner lot with frontage on East Chestnut and St. Catherine streets and is zoned BP. A paved parking area accommodates 12–14 cars. The property will convey vacant.

Key Highlights

  • 5,725‑square‑foot office property listed on the National Register of Historic Places
  • Private consultation rooms, reception area and administrative space
  • Bathrooms on the second and third floors

Property Analytics

Who owns this building? See the owner, sales and loan history
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Current Use

Furnished Housing in Augusta ... Apartment Complex Algernon Bangs House Tour Operator

Suggested Use

Top Pick Real Estate Agency Building Supply Electrical Service Carpet & Flooring Store Storage Facility Big Box & Wholesale Store

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

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,159
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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

Frequently Asked Questions

What type of property is this?
Office building - Consultation rooms, reception and administrative areas support the property's current professional office configuration.
Where is this office building located?
The property is located at 16 E Chestnut Street Augusta, ME.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: 5,725‑square‑foot office property listed on the National Register of Historic Places; Private consultation rooms, reception area and administrative space; Bathrooms on the second and third floors
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