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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

56-58 Western Ave Augusta, ME 04330

149,897 SF Built 1962
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1962
Total area 149,897 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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