191 Water St Augusta, ME 04330
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Historic Augusta commercial property, high rental income.
Property size:
18,952 SFProperty Features for 191 Water St
General Information
- Property type
- Automotive properties
- Square Feet
- 18,952 SF
- Lot Size
- 10,019 SF
Building Details
- Year Built/Renovated
- 1900/2009
Listing Agency: Porta & Co Listing Agent: Tim Millett
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This exceptional commercial property, located at 191 Water Street in Augusta, Maine's historic Water Street District, presents a unique investment opportunity. The 18,952 square foot building, originally constructed in 1900 and extensively renovated in 2009, combines retail and office space. The property includes a gas station component and offers approximately 10,000 square feet of rentable first-floor space, with 5,000 square feet currently leased by Maine Trial Law, PLLC at a rate of $10.00 per square foot, NNN. An additional 5,000 square feet of first-floor space is currently vacant, offering immediate potential for increased revenue. A substantial 8,952 square foot lower-level basement provides ample storage, and could be developed into additional office space, a gym, or recreational area. The building boasts impressive 14+ foot ceilings and a wraparound deck overlooking the Kennebec River. The property sits on a 0.23-acre lot and is zoned KBD1 - KENNEBEC BUSINESS 1. The asking price is $950,000, representing a price per square foot of $50.13. This property offers a blend of historical charm, modern updates, and significant income potential in a desirable Augusta location.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
STEVE SMITH Trial ...
Law Firm
Location Insight
- Map
- Local Demand
- City
- Augusta
- County
- Kennebec
- State
- Maine
- Longitude
- -69.692376
- Latitude
- 44.3520015
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FAQs
What type of property is this?
Automotive property - Historic Augusta commercial property, high rental income.
Where is this automotive property located?
The property is located at 191 Water St Augusta, ME.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Located in Augusta's Historic Water Street District.; 10,000± SF of rentable first-floor space, with 5,000± SF vacant.; 5,000± SF leased to Maine Trial Law, PLLC.
