16 Chestnut StAugusta, ME 04330
For Sale
$325,000
View listing
- Investment properties
- 2,872 SF
Property Details for 16 Chestnut St
- Year built
- 1906
- Construction
- FRAME
- Lot size
- 0.28 AC
- Property size (Sq ft)
- 2,872 SF
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- AUGU M:00038 B:00138 L:00000
- APU
- AUGUM00038B00138L00000
Description
This stunning 3,436 square foot Queen Anne style office building, constructed in 1892, is a registered National Historic Landmark located at 16 E Chestnut Street in Augusta, Maine. The property sits on a 0.28-acre corner lot with frontage on both East Chestnut and St. Catherine Streets, within the BP zoning district. Currently configured as a medical office, the building features several private consultation rooms, a spacious reception area, and administrative offices. The second and third floors each include bathrooms and were previously used as apartments
Valuation
by Realmo methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $474,827
- 6.5%
- $438,302
- 7%
- $406,995
-
Comparable approach
- Method
- Valuation
- Relative Method
- $375,256
- Geo Method
- $375,256
-
Alternative Use
- Use
- Valuation
- Residential
- $543,495
- Hospitality
- $497,838
- Educational
- $414,196
- Medical
- $428,440
- Retail
- $644,304
16 Chestnut St, Augusta, Maine
Leaflet | © OpenStreetMap contributors
Location Insight
- City
- Augusta
- County
- Kennebec
- State
- Maine
- Latitude
- 44.3129
- Longitude
- -69.7674
- CBSA code
- 12300
- CBSA name
- AUGUSTA-WATERVILLE, ME MICROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$6,358
$69,700
$207,200
$276,900
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Comparable in this City
Similar Nearby for Sale
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FAQs
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