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56 Western Ave, Augusta, ME 04330

New mixed-use development on Western Ave with pad-ready sites for sale or lease and retail/office/medical suite availability.

Space Size6,000 SF
Days on Market49

Property Features for 56 Western Ave

General Information

Standard status Active
Size 6,000 SF
Property subtype Retail
Lease Term s

Additional Details

Traffic Count 21,337 vehicles/day

Building Details

Building Size 6,000 SF

Spaces For Lease

at 56 Western Ave Contact us

Pad Site #1

Size
6,000 SF
Type
Retail-Pad
Term
Negotiable
Rate
Contact for pricing
Contact us
Listing Agency: The Boulos Company Portland
Listed By: Chris Paszyc, CCIM, SIOR · License #BR913433
Source: Boulos
Added: Jul 18 Changed: Sep 4 Last Checked: Sep 4 at 4:17AM

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 The Boulos Company Portland

Investment Insights

Based on property information with market context.

This new development at the Capitol Heights Center is a mixed-use project featuring hospitality, housing, medical, and retail space. Retail, office, and medical suites are available, and pad-ready development sites are also available for sale or lease.

The property is located on busy Western Ave with traffic counts of 21,337 AADT. It is situated just steps from the Maine State Capitol Building and ancillary state agencies.

For current availability and pricing details, please see the broker.

Key Highlights

  • New Capitol Heights Center mixed‑use development with hospitality, housing, medical, and retail space
  • Retail/office/medical suites available from 2,000 to 15,000± SF
  • Pad‑ready development sites available for sale or lease

Property Analytics

Current Use

Townsquare Media Augusta Marketing & Advertising B98.5 Maine's Central ... Radio Station Garden Island Cleaners (Bike/Boat/Book/etc) Store Rent-A-Center Furniture & Home Goods Western Ave. Laundromat (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Electrical Service Locksmith Carpet & Flooring Store (Bike/Boat/Book/etc) Store Storage Facility Pet 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

21,337 VPD
Traffic count
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,029
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

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
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - New mixed-use development on Western Ave with pad-ready sites for sale or lease and retail/office/medical suite availability.
Where is this retail space located?
The property is located at 56 Western Ave Augusta, ME.
What are key features of this property?
This property features: New Capitol Heights Center mixed‑use development with hospitality, housing, medical, and retail space; Retail/office/medical suites available from 2,000 to 15,000± SF; Pad‑ready development sites available for sale or lease
More about this property
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