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Property profile & analytics
OFF-MARKET
Mixed-use properties

412 Western Avenue Pl Augusta, ME 04330

1,232 SF 0.58 ac lot Built 1956
Property ID
Property summary
AI-generated overview

This exceptional mixed-use property at 412 Western Avenue in Augusta, ME, presents a compelling investment opportunity. Boasting 1,232 square feet on a 0.58-acre lot, this building is ideally situated in a prime commercial zone with over 20,000 vehicles passing daily, ensuring high visibility and accessibility. The property features 140 feet of road frontage, providing ample space for potential expansion of parking or the building itself. Easy access to the interstate and major routes adds to its strategic location. Inside, the versatile layout is perfect for a variety of uses, including office or retail space. A recently updated kitchen, complete with granite countertops and stainless steel appliances, is ready for use as a break room or employee kitchen. A spacious, bright front room with hardwood floors is ideal for a reception area, showroom, or open workspace. Three additional rooms offer flexibility for private offices or meeting spaces. The basement includes washer/dryer hookups and plumbing for a second restroom, adding to the property's functionality. An attached garage provides valuable storage space or potential for further expansion. This well-maintained property is ready for immediate occupancy and poised to support a thriving business in a highly visible and accessible location. The asking price is $375,000.

Property profile
Verified
Property type Mixed-use properties
Year built 1956
Total area 1,232 SF
Lot 0.58 ac (25,265 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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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