525 Eastern Ave Augusta, ME 04330
- Office Properties & Spaces
- 4,560 SF
- 20.90 lot acres
Current Use by Public Records
- Uncle Henry's / Advertising Agency / Classified Ads Newspaper Publisher
- All Seasons Yard Care / Lawn Care Service
Property Details for 525 Eastern Ave
- Year built
- 1997
- Lot size
- 20.90 lot acres
- Property size
- 4,560 SF
- Property type
- Office Properties & Spaces
Description
This exceptional Augusta, ME commercial property presents a unique investment opportunity. Situated on a sprawling 20.9-acre lot with significant road frontage and high visibility, the property boasts a substantial 4,560 square foot office building. The building itself features ten individual offices or rooms, four bathrooms, a spacious kitchen, ample storage rooms, and a large welcoming foyer. A full basement provides additional storage space. The building is well-maintained, showcasing attractive curb appeal and a metal roof with vinyl siding. Heating is provided by a radiant heat system fueled by an oil boiler, supplemented by an automatic generator for reliable power. Parking is abundant, with over 50 spaces available in a large paved lot. The property's expansive acreage offers significant potential for future expansion or subdivision, subject to municipal approvals. The building's excellent condition and versatile layout make it suitable for a variety of commercial uses. This is a rare opportunity to acquire a substantial property with significant land and building improvements in a highly visible location. The property is offered at $725,000.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Augusta
- County
- Kennebec
- State
- Maine
- Longitude
- -69.72558
- Latitude
- 44.29789
