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    151 Capitol St Augusta, ME 04330

    Sponsored
    For Lease
    $17 SF/Yr

    Prime Augusta location, 3,500 SF, ample parking.

    Lot size:
    15,328 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional Class A office space, totaling 3,500 square feet, is situated on the second floor of a well-maintained two-story building. The property boasts a convenient location, approximately half a mile from the State Capitol building and within a mile of the Maine Turnpike, ensuring easy access for employees and clients. The 15,328 square foot building sits on a 1.43-acre lot, providing ample on-site parking for tenants and visitors. The building features a modern elevator and central heating and air conditioning systems, offering a comfortable and efficient work environment. This single-tenant space is part of a thriving business community, with prestigious neighbors including Pierce Atwood, VHB, Kleinfelder, Efficiency Maine, One River CPA's, Taylor, McCormack, & Frame, Kozak & Gayer, and Serra Public Affairs. Built in 1975, the building is zoned CB - Local Business, under APN 23/1 in Kennebec County. This presents a unique opportunity to secure high-quality office space in a desirable and established location. The property offers immediate occupancy for a single tenant.

    Property Features for 151 Capitol St

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    15,328 SF
    Class
    A
    Total Rate
    21714.67

    Building Details

    Year Built
    1975
    Buildings
    1
    Stories
    2

    Unit(s) available at that property

    Space
    Size
    3,500 SF
    Rate per SF
    $17

    HighLights

    • Class A office space totaling 15,328 square feet.
    • Single‑tenant occupancy with 3,500 square feet currently vacant.
    • Situated on a 1.43‑acre lot in Kennebec County.
    • Two‑story building constructed in 1975, featuring an elevator and central HVAC.
    • Excellent location, half a mile from the State Capitol and one mile from the Maine Turnpike, with ample on‑site parking.
    • Strong tenant mix in the immediate vicinity, including prominent firms such as Pierce Atwood and VHB.
    Property Profile Location Intelligence

    Current Use by Public Records

    CompareMaine Doctor Maine Health Data ... State Government Office Correct Care Solutions Care Services

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Augusta
    County
    Kennebec
    State
    Maine
    Longitude
    -69.78931644
    Latitude
    44.30962076

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Augusta location, 3,500 SF, ample parking.
    Where is this office property / space located?
    The property is located at 151 Capitol St Augusta, ME.
    What is the lease rate?
    The lease rate is $17 SF/Yr.
    What are key features of this property?
    This property features: Class A office space totaling 15,328 square feet.; Single-tenant occupancy with 3,500 square feet currently vacant.; Situated on a 1.43-acre lot in Kennebec County.
    Request Owner's contact information
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    Realmo Value Estimation

    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.

    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.

    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
    151 Capitol St Augusta, ME 04330
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