First-Floor Office Building with
For Sale
$1,750,000
5 Community Drive, Augusta, ME 04330
COMMERCIAL - Augusta, ME
Property Size13,446 SF
Lot Size0.75 Acres
Price / SF$130.15
Days on Market50
Property Features for 5 Community Drive
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning
CD
Lot features
Near Turnpike/ Interstate, Near Airport, Near Shopping, Office Park
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
Window Unit(s), Wall/Window Unit(s)
Amenities
conference area
fully equipped gym
customer waiting area
bathrooms
Building Details
Year built
2000
Number of units
13
Flooring type
Laminate, Carpet, Tile
Building materials
Brick
Listing Agency:
LAER
(207) 622-2220
Listed By:
John Blouin
(207) 446-7708
Added: Jun 24
Changed: Aug 4
Last Checked: Aug 12 at 2:06PM
MLS# 1614192
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.
Investment Insights
Based on property information with market context.
Located at 5 Community Drive in Augusta, Maine, this brick office building was built in 2000 and sits on a 0.75-acre lot. The property offers 13,446 square feet of office space configured as a condo with leases across 12 different office suites. The building is 88% leased, with three additional suites available.
The first floor provides office space with multiple entrances and plenty of parking. Tenants share common areas including a conference area, a fully equipped gym, a customer waiting area, and bathrooms. Interior finishes include carpet, laminate, and tile. Cooling is provided via window units/wall/window units, and the property is served by public sewer.
For financial context provided with the listing, the cap rate is 8.39 percent. The building is positioned adjacent to the Mall at Augusta, the University of Maine at Augusta, and the Augusta Civic Center.
The first floor provides office space with multiple entrances and plenty of parking. Tenants share common areas including a conference area, a fully equipped gym, a customer waiting area, and bathrooms. Interior finishes include carpet, laminate, and tile. Cooling is provided via window units/wall/window units, and the property is served by public sewer.
For financial context provided with the listing, the cap rate is 8.39 percent. The building is positioned adjacent to the Mall at Augusta, the University of Maine at Augusta, and the Augusta Civic Center.
Key Highlights
- 13,446 SF office building on 0.75 acres
- 88% leased with leases in 12 office suites; 3 suites available
- Brick construction built in 2000
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 - First-floor office building with multiple entrances, plenty of parking, and a condo setup across leased suites.
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: 13,446 SF office building on 0.75 acres; 88% leased with leases in 12 office suites; 3 suites available; Brick construction built in 2000
