56-58 Western Ave Augusta, ME 04330
Augusta Plaza, located at 56-58 Western Ave, Augusta, ME 04330, presents a significant retail opportunity. This single-story, 149,897 square foot building sits on a 7.96-acre lot and offers flexible space options, ranging from a minimum of 1,558 square feet to a maximum contiguous space of 85,508 square feet. Currently, there are 113,276 square feet of vacant space available for lease, ideal for multiple tenants or a single large-scale operation. Built in 1962 and renovated in 1970, the property is zoned CB - Local Business District, ensuring a variety of permitted uses. Ample parking is provided with 392 spaces available for customers and employees. The property's prominent location in Augusta, Maine offers excellent visibility and accessibility, making it an attractive option for businesses seeking a strong presence in this vibrant community. This is a rare opportunity to secure substantial retail space in a well-established location with significant potential for growth and success. Interested parties should inquire about available space and lease terms.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.