Back to Search

Mixed-Use Augusta Historic District Property

82 Water Street Augusta, ME 04330

82 Water Street, Augusta, ME, 04330

$500,000

For Sale

$500,000

COMMERCIAL - Augusta, ME

Property Size13,700 SF

Lot Size0.14 Acres

Price / SF$36.50

AddedJun 12

Days on Market35

Last RefreshJul 16 at 1:06 pm

Property Features for 82 Water Street

General Information

Property type: Commercial Sale
Property subtype: Other
Zoning: commercial
Rooms: Basement
Parking features: On Street
Basement: Unfinished, Full
Standard status: Active
Size: 13,700 SF
Lot size: 0.14 Acres

Taxes and HOA fees

Tax Year: 2025
Tax Annual Amount: 2874

Utilities

Sewer type: Public Sewer
Heating system: Forced Air, Natural Gas
Cooling system: Central Air
Water source: Public
Water front features: Stream

Building Details

Year built: 1885
Flooring type: Wood
Building materials: Wood Frame, Brick
Roof type: Flat, Membrane

Listing agent Jane Montgomery

Listing office Rizzo Mattson 219 Capitol Street, Augusta, ME

Listing date Jun 12, 2026

MLS# 1664389

Investment Insights

Based on property information with market context.

Located in the heart of Augusta's Historic District, this mixed-use property overlooks the Kennebec River. Situated in one of the city's key revitalization areas, the property offers a redevelopment and investment opportunity in Maine's capital city. The building features a mix of commercial and residential space. The surrounding downtown area is experiencing renewed energy and investment, with the ongoing restoration of the historic Colonial Theater nearby. The current owner has made extensive improvements to the building, including new plumbing, electrical systems, framing, and a new natural gas heating system. The south portion of the building spans three stories, including an expansive open basement. The north side of the building has two stories of additional space, allowing for future upgrades. Envisioned for commercial or mixed-use purposes, this property offers potential and possibilities. The property size is 13700 square feet, situated on a lot of 0.14 acres.

Key Highlights

Year built 1885 mixed‑use building in Augusta’s Historic District
Overlooks the Kennebec River and is located at the north end of Water Street
Building use combines commercial and residential space (buyer to verify allowed uses with City of Augusta)

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Mixed-use properties

Suggested Use

Similar For Sale Nearby

$1,750,000

13,446 SF

First-Floor Multi-Suite Office Building

Condominium office building with multiple entrances, parking, and long-term tenants across 12 suites.

5 Community Drive, Augusta, ME 04330

View Details
$2,880,000

28,672 SF

Two-Story Professional Office Building

Two-story standalone office building on Western Avenue with on-site parking and space that can be configured for one or two tenants.

249 Western Avenue, Augusta, ME 04330

View Details
$498,750

12,093 SF

Flexible Multi-Use Commercial Building

Versatile commercial building with ample parking and flexible space options for office, medical, or retail uses.

10 Pethaven Lane, Augusta, ME 04330

View Details
$599,000

10,786 SF

Two-Building Mixed-Use Commercial Property

Two structures with fully rented space and separate entrances offer flexible configurations for office and retail users.

2 Bangor Street, Augusta, ME 04330

View Details
$949,999

1,497 SF

Monument Sales and Showroom

For sale monument sales operation on a nearly 2-acre site with a showroom/commercial building in PD2 zoning.

585 Riverside Drive, Augusta, ME 04330

View Details
$379,900

1,237 SF

Two-Story Office Building with Entrance

Two-story office building with private exterior entry, reception space, private offices, and ample parking in Augusta.

2386 N Belfast Avenue, Augusta, ME 04330

View Details
$625,000

4,361 SF

Office and Short-Term Rental Property

Two connected buildings offer office space and short-term rental use, plus a garage with a separate entrance.

76 and 80 Sewall Street, 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
$750,000

1,779 SF

Versatile Live-Work Commercial Property

Regional Bus. CC zoned property with extensive road frontage, paved circular driveway parking, and major storage outbuildings.

405 Western Avenue, Augusta, ME 04330

View Details
$399,900

3,315 SF

Four-Unit Residential Income Property

Well-maintained four-unit property with two 2-bedroom and two 1-bedroom apartments in RES Apartment zoning.

12 Weston Street, Augusta, ME 04330

View Details
$349,000

1,490 SF

Versatile 2-Bedroom Office Residence

2-bedroom, 1-bath building with an additional pad site previously used for a garage.

347 Civic Center Drive, Augusta, ME 04330

View Details
$235,000

1,702 SF

Two-Unit Residential Income Duplex

Two-unit duplex with two 2-bedroom, 1-bath apartments and upgraded features, plus a glassed-in front porch.

4 Monroe Street, Augusta, ME 04330

View Details

For sale
Mixed-use properties
ME
Augusta
04330
82 Water Street

What type of property is this?

Mixed-use property - Mixed-use property in Augusta's Historic District, redevelopment opportunity.

Where is this mixed-use property located?

The property is located at 82 Water Street Augusta, ME.

What is the asking price?

The asking price for this property is $500,000.

What are key features of this property?

This property features: Year built 1885 mixed‑use building in Augusta’s Historic District; Overlooks the Kennebec River and is located at the north end of Water Street; Building use combines commercial and residential space (buyer to verify allowed uses with City of Augusta)

82 Water Street Augusta, ME 04330

COMMERCIAL - Augusta, ME

Property Features for 82 Water Street

General Information

Taxes and HOA fees

Utilities

Building Details

Investment Insights

Key Highlights

Property Analytics

Current Use by Public Records

Suggested Use

Similar For Sale Nearby

First-Floor Multi-Suite Office Building

Two-Story Professional Office Building

Flexible Multi-Use Commercial Building

Two-Building Mixed-Use Commercial Property

Monument Sales and Showroom

Two-Story Office Building with Entrance

Office and Short-Term Rental Property

Augusta Commercial Property Overlooking River

Versatile Live-Work Commercial Property

Four-Unit Residential Income Property

Versatile 2-Bedroom Office Residence

Two-Unit Residential Income Duplex

FAQs