125 Community DrAugusta, ME 04330

Property Details for 125 Community Dr

Year built

1992

Construction

STEEL FRAME

Lot size

0.70 AC

Property size (Sq ft)

9,540 SF

Property type

Office buildings

APN

AUGU M:0005A B:00006 L:00000

APU

AUGUM0005AB00006L00000

Description

This exceptional 14,350 square-foot Class A office building presents a unique investment or corporate headquarters opportunity in Augusta, Maine. Strategically located at 125 Community Drive, it enjoys unparalleled visibility at the entrance to the Augusta Civic Center complex, directly off Interstate 95. Its prime location offers easy access to the Market Place Shopping Center, the University of Maine at Augusta, and the nearby hospital and cancer center. The building boasts an impressive architectural design, highlighted by a spacious open lobby with high ceilings, two prominent executive offices, and a convenient elevator. A grand staircase leads to the second level, encompassing over 4,800 square feet of office space, mirrored on the upper level, providing ample room for expansion or multiple tenants. The lower walk-out level offers a large boardroom, a well-equipped kitchen/breakroom, and restrooms complete with showers, along with several storage rooms and a covered carport for convenient loading and unloading. Many offices feature a tranquil rear view overlooking attractive gardens and a small pond. This property offers a compelling combination of location, size, and amenities, making it an ideal investment or a prestigious corporate setting to serve the entire state of Maine. The 0.7-acre lot provides ample space and parking. This is a rare opportunity to acquire a high-quality commercial property in a thriving location.

• CAP approach

  CAP return

  Valuation

  6%

  $1,577,247

  6.5%

  $1,455,920

  7%

  $1,351,926

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,246,496

  Geo Method

  $1,246,496

• Alternative Use

  Use

  Valuation

  Residential

  $1,805,341

  Hospitality

  $1,653,683

  Educational

  $1,375,845

  Medical

  $1,423,162

  Retail

  $2,140,203

Location Insight

City

Augusta

County

Kennebec

State

Maine

Latitude

44.3427

Longitude

-69.7943

CBSA code

12300

CBSA name

AUGUSTA-WATERVILLE, ME MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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