314-320 Water St St Augusta, ME 04330

Property Details for 314-320 Water St St

Year built

1894

Lot size

0.27 lot acres

Property size

14,862 SF

Property type

Office Properties & Spaces

Description

This exceptional four-story Class B office building, located at 314-320 Water Street in the heart of Augusta, Maine, presents a compelling investment opportunity. Spanning 14,862 square feet on a 0.27-acre lot, the property boasts a functional layout with each of its four floors offering approximately 2,200 square feet of usable space. Currently fully leased, this building ensures a steady stream of income from day one. Recent updates throughout create a modern and efficient office environment, appealing to a wide range of tenants. The building's design incorporates both front and rear entrances for convenient access, complemented by an elevator servicing all four floors and the basement. Its prime downtown location offers easy access to a variety of amenities, including local restaurants and the state house. A significant advantage is the inclusion of free downtown parking, a highly sought-after feature in this area. The asking price for this well-maintained and strategically positioned office building is $775,000. This property represents a rare opportunity to acquire a stable, income-generating asset in a thriving downtown setting. The building's modern amenities, convenient location, and ample parking make it an attractive proposition for both investors and tenants.

Location Insight

City

Augusta

County

Kennebec

State

Maine

Longitude

-69.7748

Latitude

44.3143