412 Western Avenue Pl Augusta, ME 04330
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.
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.