347 Civic Center Drive, Augusta, ME 04330
- Added:
- Jan 30, 2026
- Days on Market:
- 151
- Last Refresh:
- Jun 30 at 2:06 pm
Property Features for 347 Civic Center Drive
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- PD
- Rooms
- Basement
- Basement
- Full
- Standard status
- Active
- Size
- 1,490 SF
- Lot size
- 1.50 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 3179
Utilities
- Sewer type
- Private Sewer, Septic Tank
- Heating system
- Baseboard, Oil, Hot Water(Heating)
- Water source
- Well, Private
Building Details
- Year built
- 1957
- Building materials
- Wood Frame, Vinyl Siding
- Roof type
- Shingle
Listing agent Dennis Wheelock License #BR921652 (207) 242-5588
Listing office Keller Williams Realty 50 Sewall Street, Portland, ME (207) 879-9800
Listing date Jan 30, 2026
Copyright © 2026 Maine Listings. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- 2‑bedroom, 1‑bath property with a basement
- Built in 1957 with wood frame and vinyl siding exterior
- Heating includes baseboard, hot water (heating), and oil
- Water source: well and private; sewer: septic tank and private sewer
- Shingle roof
- Site includes an existing pad where a garage was previously located, with room to expand parking or adjust the layout
Overview
The property is positioned on Civic Center Drive, described as one of central Maine’s most active retail and commercial corridors, supporting strong visibility and consistent traffic exposure. It is also located less than one mile from Exit 112 of the Maine Turnpike, improving access for clients, employees, and tenants. Surrounding area anchors include The Marketplace at Augusta, the Augusta Civic Center, the University of Maine at Augusta, Walmart, Comfort Inn, Augusta Business Park, and MaineGeneral Medical Center.
For tenants, buyers, or operators seeking a flexible site with both an existing residence-style layout and opportunities to adjust site improvements and parking, this PD-zoned property offers practical versatility in a high-activity retail and employment area. The combination of established improvements, a developable pad from a prior garage location, and straightforward access makes it well-suited for a range of office or small business concepts that require a manageable footprint and adaptable site planning.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $32.2k | $21.60 |
| − Vacancy | −$4.1k | −$2.75 |
| EGI | $28.1k | $18.85 |
| − OpEx | −$7.0k | −$4.71 |
| NOI | $21.1k | $14.14 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Augusta
- County
- Kennebec
- State
- Maine
- Longitude
- -69.7969512
- Latitude
- 44.353317
