Property profile

412 Western Avenue Pl Augusta, ME 04330

OFF-MARKET
Mixed-use properties
1,232 SF 0.58 ac lot Built 1956
Saved · see the list in your Dashboard

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

Location

412 Western Avenue Pl Augusta, ME 04330
Augusta metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 412 Western Avenue Pl?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message