Mixed-Use Property with Rental
For Sale
$625,000
76 and 80 Sewall Street, Augusta, ME 04330
Two buildings combine office space with short-term rental use and a separately accessed garage.
Property Size4,361 SF
Price / SF$143.32
Days on Market145
Property Features for 76 and 80 Sewall Street
General Information
Standard status
Active
Size
4,361 SF
Property subtype
Commercial
Lease Term
[]
Building Details
Year Built
1933
Listing Agency:
ERA Dawson-Bradford Co.
Listed By:
Gwen Cushing
(207) 947-3363
Source:
Portsiderealestategroup
Added: May 24
Changed: Oct 11
Last Checked: Oct 14 at 11:04PM
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 ERA Dawson-Bradford Co.
Investment Insights
Based on property information with market context.
This mixed-use offering includes two properties with distinct commercial and lodging configurations. One is arranged as office space, while the other is currently used for short-term rental purposes. Together, the buildings provide multiple established use configurations within one property.
A garage adds another separately accessed component, allowing it to function independently from the main buildings. The property is located at 76 and 80 Sewall Street in Augusta, Maine, and the improvements date to 1933. The overall property size is 4,361.
A garage adds another separately accessed component, allowing it to function independently from the main buildings. The property is located at 76 and 80 Sewall Street in Augusta, Maine, and the improvements date to 1933. The overall property size is 4,361.
Key Highlights
- Two properties included at 76 and 80 Sewall Street, Augusta, ME 04330
- Current configuration includes office space and short‑term rental use
- Garage has a separate entrance from the primary buildings
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$44,989
Cap Rate
7.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$899,780
$899.8K
Cap Rate 7%
$642,700
$642.7K
Cap Rate 9%
$499,878
$499.9K
Market Conditions
NOI Build-Up for 4,361 SF
Gross rent
$78.5K $18.00/SF
− Vacancy
−$6.5K −$1.49/SF
EGI
$72.0K $16.51/SF
− OpEx
−$27.0K −$6.19/SF
NOI
$45.0K $10.32/SF
Area
Kennebec County, ME
Vacancy
8.30%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$899,780
Cap Rate 7%
$642,700
Cap Rate 9%
$499,878
Alternative Uses
Best Use
Office B
$880.7K
$770.6K – $1.03M
NOI $61,648 @ 7.0% cap · market cap 9.86%
Second Best
Mixed Use
$642.7K
$562.4K – $749.8K
NOI $44,989 @ 7.0% cap · market cap 7.20%
Theoretical Best
Warehouse
$6.51M
$5.69M – $7.59M
NOI $455,433 @ 7.0% cap · market cap 72.87%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,235
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Northeast region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Two buildings combine office space with short-term rental use and a separately accessed garage.
Where is this mixed-use property located?
The property is located at 76 and 80 Sewall Street Augusta, ME.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: Two properties included at 76 and 80 Sewall Street, Augusta, ME 04330; Current configuration includes office space and short‑term rental use; Garage has a separate entrance from the primary buildings
