59 Bangor Street, Augusta, ME 04330
- Added:
- May 21, 2026
- Days on Market:
- 25
- Last Refresh:
- Jun 14 at 5:06 am
Property Features for 59 Bangor Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- CB
- Rooms
- Basement
- Basement
- Partial, Unfinished
- Accessibility
- Accessible Approach with Ramp
- Standard status
- Active
- Size
- 2,756 SF
- Lot size
- 0.24 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 6761
Utilities
- Sewer type
- Public Sewer
- Heating system
- Oil, Zoned, Hot Water(Heating), Baseboard
- Cooling system
- Wall Unit(s)
- Water source
- Public
Building Details
- Year built
- 1978
- Flooring type
- Laminate
- Building materials
- Wood Frame, Brick Veneer, Vinyl Siding
- Roof type
- Shingle
Listing agent Heidi Witham Hoa Hoang (207) 707-2919
Listing office Hoang Realty 31 Western Avenue, Augusta, ME (207) 623-0623
Listing date May 21, 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
- Multi‑functional building with approx. 2,700 sq ft and current setup of a 1‑bedroom apartment plus three office spaces
- Historically supported a blend of office, retail, and residential uses
- Heating: zoned oil baseboard hot water (heating) system
- Cooling provided by wall unit(s)
- Exterior materials include wood frame, brick veneer, and vinyl siding; roof is shingle
- Public water and public sewer; accessible approach with ramp
Overview
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 | $59.5k | $21.60 |
| − Vacancy | −$7.6k | −$2.75 |
| EGI | $51.9k | $18.85 |
| − OpEx | −$13.0k | −$4.71 |
| NOI | $39.0k | $14.14 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Augusta
- County
- Kennebec
- State
- Maine
- Longitude
- -69.7653913
- Latitude
- 44.3217614
