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Office Properties with Separate Garage
For Sale
$625,000

76 and 80 Sewall Street, Augusta, ME 04330

Commercial Sale, Augusta, ME

Property Size4,361 SF
Lot Size0.84 Acres
Price / SF$143.32
Days on Market137

Property Features for 76 and 80 Sewall Street

General Information

Property type Commercial Sale
Property subtype Office
Zoning Comm. & Res.
Lot features Near Turnpike/ Interstate, Near Shopping
Standard status Active
Size 4,361 SF
Lot size 0.84 Acres

Utilities

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

Building Details

Year built 1933
Flooring type Vinyl, Wood
Building materials Wood Frame, Vinyl Siding
Roof type Shingle
Listing Agency: ERA Dawson-Bradford Co. · ERA Real Estate
Listed By: Gwen Cushing
Added: Jun 5 Changed: Oct 16 Last Checked: Oct 19 at 4:06PM
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.

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Investment Insights

Based on property information with market context.

This offering includes two properties totaling 4,361 square feet on 0.84 acres. The buildings are currently configured for office use and short-term rental occupancy, providing distinct layouts within the same offering. A garage with its own entrance adds a separate functional component and may be rented independently.

The property is located at 76 and 80 Sewall Street in Augusta, within Kennebec County. Construction consists of wood framing with vinyl siding, while interior finishes include wood and vinyl flooring. Building systems include natural gas heat, heat-pump heating and cooling, and forced-air distribution. Public water and public sewer serve the property, and the roofs are shingle. Both buildings date to 1933, with Comm. & Res. zoning.

Key Highlights

  • Two properties totaling 4,361 square feet
  • 0.84‑acre site at 76 and 80 Sewall Street, Augusta, ME 04330
  • Current configurations include office space and short‑term rental use

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$42,483
Cap Rate
6.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$849,660 $849.7K
Cap Rate 7%
$606,900 $606.9K
Cap Rate 9%
$472,033 $472.0K
Market Conditions
NOI Build-Up for 4,361 SF
Gross rent
$78.5K $18.00/SF
− Vacancy
−$1.3K −$0.29/SF
EGI
$77.2K $17.71/SF
− OpEx
−$34.8K −$7.97/SF
NOI
$42.5K $9.74/SF
Area
Kennebec County, ME
Vacancy
1.60%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$849,660
Cap Rate 7%
$606,900
Cap Rate 9%
$472,033

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 authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Office buildings

Suggested Use

Top Pick Building Supply Storage Facility Electrical Service Big Box & Wholesale Store Cafe & Coffee Shop Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,235
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

Frequently Asked Questions

What type of property is this?
Office building - Two buildings offer flexible layouts with a separately accessed garage and Comm. & Res. zoning.
Where is this office building 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 totaling 4,361 square feet; 0.84‑acre site at 76 and 80 Sewall Street, Augusta, ME 04330; Current configurations include office space and short‑term rental use
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