Back to Search

Multi-Suite Office Building

5 Community Drive, Augusta, ME 04330

View on Map

New

For Sale

$1,750,000

COMMERCIAL - Augusta, ME

Type:Office

Property size:

13,446 SF

Lot size:

0.75 Acres

Price / SF:

$130/SF

HighLights

First‑class commercial office building built in 2000 with brick construction and over 13,000 SF of office space
88% leased with leases across 12 office suites; additional three suites available to lease for more income
Conference area, fully equipped gym, customer waiting area, and bathrooms shared by tenants
First‑floor office space with multiple entrances and plenty of parking
Condo‑style building owned by four owners; high‑traffic exposure at the crossroads of commerce
Financials provided: 2025 rental income $20,931/month; 2024 annual expenses $110,834; net income $146,998; cap rate 8.39%

We can help!

Contact an agent

John Blouin

For Sale

$1,750,000

COMMERCIAL - Augusta, ME

Type:Office

Property size:

13,446 SF

Lot size:

0.75 Acres

Price / SF:

$130/SF

Added:: Jun 24, 2026
Days on Market:: 5
Last Refresh:: Jun 28 at 2:06 am

Property Features for 5 Community Drive

General Information

Property type: Commercial Sale
Property subtype: Office
Zoning: CD
Standard status: Active
Size: 13,446 SF
Lot size: 0.75 Acres

Taxes and HOA fees

Tax Year: 2023
Tax Annual Amount: 27384

Utilities

Sewer type: Public Sewer
Cooling system: Wall/Window Unit(s), Window Unit(s)

Building Details

Year built: 2000
Number of units: 13
Flooring type: Tile, Laminate, Carpet
Building materials: Brick

We can help!

Contact an agent

John Blouin

Listing agent John Blouin

Listing office LAER 49 Oak Street #2, Hallowell, ME

Listing date Jun 24, 2026

MLS# 1614192

HighLights

First‑class commercial office building built in 2000 with brick construction and over 13,000 SF of office space
88% leased with leases across 12 office suites; additional three suites available to lease for more income
Conference area, fully equipped gym, customer waiting area, and bathrooms shared by tenants
First‑floor office space with multiple entrances and plenty of parking
Condo‑style building owned by four owners; high‑traffic exposure at the crossroads of commerce
Financials provided: 2025 rental income $20,931/month; 2024 annual expenses $110,834; net income $146,998; cap rate 8.39%

Overview

This condo-style commercial office building offers a multi-suite configuration with a shared conference area, a fully equipped gym, customer waiting area, and bathrooms. Space is presented as first-floor office with multiple entrances and plenty of parking. The property contains 13,446 square feet of office space and is described as housing long-term tenants across 12 office suites.

Located at the crossroads of commerce in Augusta, the building is adjacent to the Mall at Augusta and the University of Maine at Augusta, and near the Augusta Civic Center. The listing notes a condo structure with good exposure and large traffic count.

From an occupancy standpoint, the property is reported as 88% leased, with an additional three suites available to lease out. The remarks also include provided financial figures: 2025 rental income of $20,931 per month, 2024 annual expenses of $110,834, and net income of $146,998, with a stated cap rate of 8.39%. Owned by four owners, the listing notes the original owner held the property since it was built in 2000. Zoning is listed as CD.

Property Profile Location Intelligence

Current Use by Public Records

CapitalGate Development, LLC Storage Facility Landrum Osteopathic Alternative Medicine Practice Lisa Martin Skincare ... Medical Clinic Old Dirigo SR ... Insurance Agency Maine Rural Development ... Government Office

Suggested Use

Location Insight

Map
Local Demand

City: Augusta
County: Kennebec
State: Maine
Longitude: -69.7934137
Latitude: 44.340832

Nearby Similar for Sale

$525,000

12,093 SF

Flexible Commercial Building

Former humane society building with parking on a 1.04-acre lot, suited for office, medical, retail, or other uses.

10 Pethaven Lane, Augusta, ME 04330

View Details
$599,000

10,786 SF

Augusta Commercial Investment Opportunity

Two buildings on one property with income and flexibility.

2 Bangor Street, Augusta, ME 04330

View Details
$949,999

1,497 SF

Profitable Monument Business Opportunity

Established monument business for sale in Augusta, Maine.

585 Riverside Drive, Augusta, ME 04330

View Details
$379,900

1,237 SF

Well-Maintained Office Building in Augusta

High-visibility office building with flexible layouts and ample parking.

2386 N Belfast Avenue, Augusta, ME 04330

View Details
$625,000

4,361 SF

Office and Short-Term Rental Property

Two separate units configured as office and short-term rental, plus a garage with a separate entrance that may generate additional income.

76 and 80 Sewall Street, Augusta, ME 04330

View Details
$425,000

2,988 SF

Augusta Commercial Property Overlooking River

One-acre commercial lot with a well-maintained 2,988 sqft building.

2 Howard Street, Augusta, ME 04330

View Details
$289,900

2,747 SF

Augusta Multifamily Federal-Style Residence

Two-unit property in Augusta, ideal for owner-occupants or investors.

69 Green Street, Augusta, ME 04330

View Details
$399,900

3,315 SF

Four-Unit Residential Income Property

Well-maintained four-unit property with two 2-bedroom and two 1-bedroom apartments in RES Apartment zoning.

12 Weston Street, Augusta, ME 04330

View Details
$500,000

13,700 SF

Mixed-Use Augusta Historic District Property

Mixed-use property in Augusta's Historic District, redevelopment opportunity.

82 Water Street, Augusta, ME 04330

View Details
$450,000

2,756 SF

Versatile Mixed-Use Property in Augusta

Multi-functional property with office, retail, and residential potential.

59 Bangor Street, Augusta, ME 04330

View Details
$219,000

1,440 SF

Two-Unit Duplex with Metal Roof

Two-bedroom units with porches and separate electric, plus an unfinished third floor for flexible additional space.

3 Grand Street, Augusta, ME 04330

View Details
$315,000

2,100 SF

Augusta Two-Unit Multifamily Property

Two-unit multifamily property in a quiet Augusta neighborhood.

9 Morton Place, Augusta, ME 04330

View Details

For sale
Office buildings
ME
Augusta
04330
5 Community Drive

What type of property is this?

Office building - Condo-style office building with multiple suites, shared amenities, and first-floor access plus ample parking.

Where is this office building located?

The property is located at 5 Community Drive 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: First‑class commercial office building built in 2000 with brick construction and over 13,000 SF of office space; 88% leased with leases across 12 office suites; additional three suites available to lease for more income; Conference area, fully equipped gym, customer waiting area, and bathrooms shared by tenants

5 Community Drive, Augusta, ME 04330

COMMERCIAL - Augusta, ME

Property Features for 5 Community Drive

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Flexible Commercial Building

Augusta Commercial Investment Opportunity

Profitable Monument Business Opportunity

Well-Maintained Office Building in Augusta

Office and Short-Term Rental Property

Augusta Commercial Property Overlooking River

Augusta Multifamily Federal-Style Residence

Four-Unit Residential Income Property

Mixed-Use Augusta Historic District Property

Versatile Mixed-Use Property in Augusta

Two-Unit Duplex with Metal Roof

Augusta Two-Unit Multifamily Property

FAQs