Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Office and Short-Term Rental Property Title is generated by Realmo AI

    76 and 80 Sewall Street, Augusta, ME 04330

    View on Map
    Claim this Listing
    New
    For Sale
    $625,000

    COMMERCIAL - Augusta, ME

    Type:Office
    Property size:
    4,361 SF
    Lot size:
    0.84 Acres
    Price / SF:
    $143/SF
    Added:
    Jun 5, 2026
    Days on Market:
    1
    Last Refresh:
    Jun 5 at 5:06 pm

    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
    Forced Air, Natural Gas, Heat Pump (Heating)
    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

    We can help!

    Listing Contact
    Gwen Cushing

    Listing agent Gwen Cushing

    Listing office ERA Dawson-Bradford Co. 417 Main Street, Bangor, ME

    Listing date Jun 5, 2026

    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.

    HighLights

    • Property built in 1933 with wood frame construction and vinyl siding
    • Two versatile properties currently configured for office space and short‑term rental use
    • Heating includes forced air and a heat pump; natural gas is available
    • Cooling provided by a heat pump
    • Public utilities: public water and public sewer

    Overview

    This offering includes two versatile properties currently configured as office space and short-term rental accommodations. The garage on the property provides a separate entrance, offering an additional option for revenue generation depending on how the spaces are ultimately operated.

    The properties are located at 76 and 80 Sewall Street in Augusta, Maine, within a Comm. & Res. zoning designation. The total lot size is 0.84 acres, and the combined property size is 4,361 square feet.

    For tenants, buyers, or operators seeking flexible-use space, the current configuration supports an office use alongside short-term rental operations. The separate-entrance garage can also be evaluated for independent use as part of an overall operating plan. Because the sites are already set up for mixed functionality, this property may appeal to an owner-operator looking for multiple income-producing possibilities within the same parcel.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Restaurant Real Estate Agency Building Supply Law Firm Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Augusta
    County
    Kennebec
    State
    Maine
    Longitude
    -69.7838746
    Latitude
    44.3098466

    Nearby Similar for Sale

    • $525,000
      12,093 SF

      Versatile Commercial Building in Augusta

      12,000 sq ft commercial building on 1.04-acre lot.
      10 Pethaven Lane, Augusta, ME 04330
      View Details
    • $599,000
      10,786 SF

      Augusta Commercial Investment Opportunity

      Two buildings on one property with income and flexibility.
      2 Bangor Street, Augusta, ME 04330
      View Details
    • $1,750,000
      13,446 SF

      Prime Augusta Commercial Office Building

      First-class office building with long-term tenants and high visibility.
      5 Community Drive, Augusta, ME 04330
      View Details
    • $949,999
      1,497 SF

      Profitable Monument Business Opportunity

      Established monument business for sale in Augusta, Maine.
      585 Riverside Drive, Augusta, ME 04330
      View Details
    • $379,900
      1,237 SF

      Well-Maintained Office Building in Augusta

      High-visibility office building with flexible layouts and ample parking.
      2386 N Belfast Avenue, Augusta, ME 04330
      View Details
    • $425,000
      2,988 SF

      Augusta Commercial Property Overlooking River

      One-acre commercial lot with a well-maintained 2,988 sqft building.
      2 Howard Street, Augusta, ME 04330
      View Details
    • $289,900
      2,747 SF

      Augusta Multifamily Federal-Style Residence

      Two-unit property in Augusta, ideal for owner-occupants or investors.
      69 Green Street, Augusta, ME 04330
      View Details
    • $500,000
      13,700 SF

      Mixed-Use Augusta Historic District Property

      Mixed-use property in Augusta's Historic District, redevelopment opportunity.
      82 Water Street, Augusta, ME 04330
      View Details
    • $450,000
      2,756 SF

      Versatile Mixed-Use Property in Augusta

      Multi-functional property with office, retail, and residential potential.
      59 Bangor Street, Augusta, ME 04330
      View Details
    • $379,900
      1,490 SF

      Versatile Property on Civic Center Drive

      Mixed-use property ideal for investment, office, or business.
      347 Civic Center Drive, Augusta, ME 04330
      View Details
    • $219,000
      1,440 SF

      Two-Unit Duplex with Metal Roof

      Two-bedroom units with porches and separate electric, plus an unfinished third floor for flexible additional space.
      3 Grand Street, Augusta, ME 04330
      View Details
    • $315,000
      2,100 SF

      Augusta Two-Unit Multifamily Property

      Two-unit multifamily property in a quiet Augusta neighborhood.
      9 Morton Place, Augusta, ME 04330
      View Details

    FAQs

    What type of property is this?
    Office building - Two separate units configured as office and short-term rental, plus a garage with a separate entrance that may generate additional income.
    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: Property built in 1933 with wood frame construction and vinyl siding; Two versatile properties currently configured for office space and short‑term rental use; Heating includes forced air and a heat pump; natural gas is available
    (207) 947-3363
    We can help!
    Listing Contact
    Gwen Cushing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    76 and 80 Sewall Street, Augusta, ME 04330
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!