Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    400 Western Ave Augusta, ME 04330

    • Commercial real estate
    • 0.83 lot acres
    For Lease
    View listing
    Value Estimation
    Location Intelligence
    Property ID
    US42-0326865
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 400 Western Ave

    Lot size
    0.83 lot acres
    Property type
    Commercial real estate

    Description

    This exceptional 0.83-acre commercial land parcel presents a unique ground lease opportunity in the thriving Augusta, Maine submarket. Located at 400 Western Avenue, this property boasts 201 feet of frontage, ensuring high visibility and accessibility for any business. The site is zoned CC, offering flexibility for a variety of commercial uses. The property's convenient location in Kennebec County, with its APN 17/8, makes it an ideal investment for entrepreneurs and developers seeking a strategic foothold in a growing market. The single-tenant nature of the lease provides simplicity and control. This is a rare chance to acquire a well-situated commercial land parcel in a desirable area of Augusta, offering significant potential for long-term growth and return. The property's location provides easy access to major transportation routes, enhancing its appeal to a wide range of potential tenants. Serious inquiries are encouraged to explore the possibilities of this exceptional ground lease opportunity. The property is situated in a vibrant commercial area of Augusta, offering a strong foundation for any commercial venture.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Augusta
    County
    Kennebec
    State
    Maine
    Longitude
    -69.816898812124
    Latitude
    44.317806492983

    Comparable in this City

    • Contact for pricing
      3,136,320 SF

      Commercial Land For Lease Augusta

      72-acre commercial land available for lease in Augusta, Maine.
      Riverside Dr, Augusta, ME 04330
      View Details
    • Contact for pricing
      1 SF

      Prime Augusta Development Land

      3.94 Acres, I-95 Visibility, Build-to-Suit
      53 Leighton Rd, Augusta, ME 04330
      View Details
    • Contact for pricing

      Prime Augusta Pad Site Available

      Highly visible 1-acre pad site for lease in Augusta.
      118 Civic Center Dr, Augusta, ME 04330
      View Details
    • $10 SF/Yr
      32,000 SF

      Prime Augusta Creative Office Space

      32,000 SF Creative Office in Augusta, ME
      36 Anthony Ave, Augusta, ME 04330
      View Details
    • $15 SF/Yr
      4,000 SF

      Prime Augusta Office Space

      4,000 SF office space near Maine State House.
      5 Wade St, Augusta, ME 04330
      View Details
    • $1,250 /Mo
      845 SF

      Retail Storefronts in Augusta, Maine

      Retail spaces for lease in vibrant Augusta neighborhood.
      257 Water St, Augusta, ME 04330
      View Details

    Similar Nearby for Sale

    • $49,900
      0.36 Acres

      Augusta Buildable Lot For Sale

      0.36 acre lot with public water and sewer access.
      214 Mount Vernon Ave, Augusta, ME 04330
      View Details
    • New
      $35,000
      0.57 Acres

      Buildable Lot in Augusta, Maine

      Partially cleared 0.57 acre residential lot in Augusta, Maine.
      729 Eastern Ave, Augusta, ME 04330
      View Details
    • New
      $115,000
      3.90 Acres

      Land with Garage and Utilities

      Almost 4 acres of land with garage, well, and septic.
      74 River Rd, Chelsea, ME 04330
      View Details
    • $69,000
      1.05 Acres

      Waterfront Access Lot in Augusta

      1.05 acre lot with waterfront access on Three Cornered Pond.
      Lone Indian Trl, Augusta, ME 04330
      View Details
    • $70,000
      0.51 Acres

      Augusta Building Lot in Neighborhood

      Half-acre building lot in established Augusta neighborhood with utilities.
      116 Fieldstone Dr, Augusta, ME 04330
      View Details
    • Contact for pricing
      15.08 Acres

      Augusta, ME Multifamily Development

      15-Acre Site, 250 Units Approved
      375-391 Civic Center Dr, Augusta, ME 04330
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      3,136,320 SF

      Commercial Land For Lease Augusta

      72-acre commercial land available for lease in Augusta, Maine.
      Riverside Dr, Augusta, ME 04330
      View Details
    • Contact for pricing
      1 SF

      Prime Augusta Development Land

      3.94 Acres, I-95 Visibility, Build-to-Suit
      53 Leighton Rd, Augusta, ME 04330
      View Details
    • Contact for pricing

      Prime Augusta Pad Site Available

      Highly visible 1-acre pad site for lease in Augusta.
      118 Civic Center Dr, Augusta, ME 04330
      View Details
    • Contact for pricing
      60,711 SF

      Turnpike Mall Retail Space For Lease

      High-traffic retail space, I-95 visibility.
      10-42 Whitten Rd, Augusta, ME 04330
      View Details
    • $12 SF/Yr
      3,500 SF

      Single-Floor Office Building For Lease

      Single-floor office building for lease in Augusta, Maine.
      28 Meadow Rd, Augusta, ME 04330
      View Details
    • $16 SF/Yr
      11,700 SF

      Commercial Lease in Central Augusta

      Commercial spaces available for lease in central Augusta location.
      6 E Chestnut St, Augusta, ME 04330
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    400 Western Ave
    Augusta, ME 04330
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.