Multi-Story Mixed-Use
For Sale
Contact for pricing
257-271 Water Street, Augusta, ME 04330
Renovated upper floors support medical-office occupancy and potential residential conversion, with retail space along Water Street.
Property SizeContact for details
Days on Market145
Property Features for 257-271 Water Street
General Information
Standard status
Active
Property subtype
Retail, Office
Listing Agency:
Cardente Real Estate
Listed By:
Matthew Cardente · License #ME 905323
Source:
Crexi
Added: Apr 10
Changed: Aug 31
Last Checked: Aug 30 at 2:18AM
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 Cardente Real Estate
Investment Insights
Based on property information with market context.
This mixed-use complex comprises four contiguous multi-story buildings totaling 33,365+/- SF at 257-271 Water Street in Augusta. The upper levels were recently fully renovated for medical office use, with updated plumbing and electrical systems already installed. Those improvements also support potential conversion to apartment use. The property includes 8,270+/- SF of retail space on Water Street and offers views toward the Kennebec River.
All four buildings qualify for State and Federal Historic Tax Credits. The combination of renovated upper-floor space, existing retail area, and multiple connected structures creates a flexible redevelopment configuration within downtown Augusta.
All four buildings qualify for State and Federal Historic Tax Credits. The combination of renovated upper-floor space, existing retail area, and multiple connected structures creates a flexible redevelopment configuration within downtown Augusta.
Key Highlights
- Four contiguous multi‑story buildings totaling 33,365+/- SF
- 8,270+/- SF of retail space on Water Street
- Upper floors recently fully renovated for medical office use
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,515
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - Renovated upper floors support medical-office occupancy and potential residential conversion, with retail space along Water Street.
Where is this mixed-use property located?
The property is located at 257-271 Water Street Augusta, ME.
What are key features of this property?
This property features: Four contiguous multi‑story buildings totaling 33,365+/- SF; 8,270+/- SF of retail space on Water Street; Upper floors recently fully renovated for medical office use
