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Medical Office Condominium
For Sale
$150,000

89 Hospital St Unit 3, Augusta, ME 04330

The six-room floor plan includes a waiting area, workspace, kitchen, and one bathroom.

Property Size1,412 SF
Price / SF$106.23
Days on Market11

Property Features for 89 Hospital St Unit 3

General Information

Standard status Active
Size 1,412 SF

Additional Details

HOA Fee $933

Building Details

Year Built 1970
Owner Occupied No
Listing Agency: Rizzo Mattson
Listed By: Kevin Judkins
Source: 603luxury
Added: Oct 1 Last Checked: Oct 7 at 1:55PM

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 Rizzo Mattson

Investment Insights

Based on property information with market context.

This 1,412-square-foot medical office condominium was built in 1970 and is currently occupied for medical office use. Its six rooms include a waiting area and office space, with a kitchen area and one bathroom. The unit has level access and on-site parking.

The current rental arrangement runs through April 2028. The condo association fee covers utilities, including heating, cooling, hot water, sewer, and electricity, as well as master insurance, landscaping, and snow removal.

Key Highlights

  • 1,412‑square‑foot medical office condominium
  • Six rooms, one bathroom, kitchen area, waiting area, and office space
  • Currently rented through April 2028

Property Analytics

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Current Use

Kennebec Family Medicine Pediatrician Hall Roger C ... Pediatrician Blush and Bladed Medical Clinic Simple Body Solutions Alternative Medicine Practice Clean Sweep Commercial Cleaning Service

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Bakery (Bike/Boat/Book/etc) Store Hotel & Motel

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

233
Businesses Nearby
Balanced
Demand for This Use

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

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
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Similar Off Market Nearby

  • Companion Animal Clinic — 235 Hospital St, Augusta, ME 04330
  • Bennington Scott DVM — 235 Hospital St, Augusta, ME 04330

Frequently Asked Questions

What type of property is this?
Medical Office Space - The six-room floor plan includes a waiting area, workspace, kitchen, and one bathroom.
Where is this medical office space located?
The property is located at 89 Hospital St Unit 3 Augusta, ME.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: 1,412‑square‑foot medical office condominium; Six rooms, one bathroom, kitchen area, waiting area, and office space; Currently rented through April 2028
More about this property
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