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Office and Short-Term Rental Property

76 and 80 Sewall Street Augusta, ME 04330

76 and 80 Sewall Street, Augusta, ME, 04330
$625,000
For Sale
$625,000

COMMERCIAL - Augusta, ME

Property Size4,361 SF
Lot Size0.84 Acres
Price / SF$143.32
Days on Market47

Property Features for 76 and 80 Sewall Street

General Information

Property type
Commercial Sale
Property subtype
Office
Zoning
Comm. & Res.
Standard status
Active
Size
4,361 SF
Lot size
0.84 Acres

Utilities

Sewer type
Public Sewer
Heating system
Heat Pump (Heating), Forced Air, Natural Gas
Cooling system
Heat Pump
Water source
Public

Building Details

Year built
1933
Flooring type
Wood, Vinyl
Building materials
Wood Frame, Vinyl Siding
Roof type
Shingle
Listing agency ERA Dawson-Bradford Co.
Listed by Gwen Cushing
Added: Jun 5 Updated: Jul 9 at 3:57AM Checked: Jul 21 at 10:06AM
MLS# 1665750

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.

This offering includes two versatile properties currently configured for office space and short-term rental use. The site also features a garage on the property with a separate entrance, which could be rented separately.

The property is located at 76 and 80 Sewall Street in Augusta, Maine. The listing is zoned “Comm. & Res.,” supporting a mix of commercial and residential use options.

With multiple income-producing possibilities tied to the existing configurations and the separate garage entrance, this property is presented for buyers looking for flexible setups within the same site.

Key Highlights

  • Year built 1933 with wood frame and vinyl siding exterior
  • Roofed with shingles; flooring includes wood and vinyl
  • Heating: heat pump, forced air, and natural gas; cooling provided by a heat pump

Local Financial Insights For Apartment 5plus

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 $78.5k $18.00
− Vacancy −$1.3k −$0.29
EGI $77.2k $17.71
− OpEx −$34.8k −$7.97
NOI $42.5k $9.74
4,361 SF · lease $18.00/SF/yr · vacancy 1.60% · expense 45.00%

Alternative Uses

Best Use
Office B
$880.7K
$770.6K – $1.03M (±1% cap)
NOI $61,648 @ 7.0% cap · market cap 9.86%
Second Best
Apartment 5plus
$606.9K
$531.0K – $708.1K (±1% cap)
NOI $42,483 @ 7.0% cap · market cap 6.80%
Theoretical Best
Warehouse
$6.51M
$5.69M – $7.59M (±1% cap)
NOI $455,433 @ 7.0% cap · market cap 72.87%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Office Units

Suggested Use

Building Supply Storage Facility Electrical Service Big Box & Wholesale Store Cafe & Coffee Shop Garden Center (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Pet Grooming Service Pet Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Office units - Two connected buildings offer office space and short-term rental use, plus a garage with a separate entrance.
Where is this office units 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: Year built 1933 with wood frame and vinyl siding exterior; Roofed with shingles; flooring includes wood and vinyl; Heating: heat pump, forced air, and natural gas; cooling provided by a heat pump
Contact an agent
More about this property
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