Financial
Distress signals
Property profile

82 Water St Augusta, ME 04330

FOR SALE
Showrooms
Property ID
US42-0515872
8,134 SF 0.14 ac lot Built 1885
Last sale Apr 2024 · $90,000
Individually Owned Owner of record is an individual. 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This mixed-use, multi-story property combines commercial and residential space within a building that overlooks the Kennebec River at the north end of Water Street. The south portion of the building spans three stories and includes an expansive open basement, while the north side provides two additional stories of space that can support future interior upgrades. The property is situated in Augusta’s Historic District within a designated city revitalization area; prospective use of the building

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$3k
Tax billed · 2023
Assessed value$118k
Assessed land$53k
Assessed improvement$65k
Effective rate2.30%

Value estimate

· Sep 2026
$90k
$81k – $99k
AI approach$90k
NOI build-up
Gross scheduled income$247k
Vacancy & credit loss−$20k
Operating expenses−$85k
NOI · 35.33% cap applied$141k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$80/SF
ZIP average, outlier-cleaned · 18 recorded sales of this use type
Observed band · Q1–Q3$49 – $117

Cap rate analysis

How does the asset earn?
35.33%
$141k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionAUGUSTA

Location intelligence

Which uses thrive at this corner?
Best fit: Electrical Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Electrical Service9.7
Carpet & Flooring Store8.6
Dry Cleaner8.6

Location

82 Water St Augusta, ME 04330
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
12 Spruce, Augusta, ME 04330-5204 $580,000 Nov 2024 8,456 SF
7 Mt Vernon, Augusta, ME 04330-4223 $870,000 Mar 2024 9,641 SF
959 Riv, Augusta, ME 04330 $150,000 Aug 2023 11,956 SF
150 Western, Augusta, ME 04330-7241 $19,750,000 Aug 2023 8,572 SF
4 Northern, Augusta, ME 04330-4250 $578,300 Jun 2023 7,565 SF
660 Riv, Augusta, ME 04330 $605,000 Aug 2022 9,250 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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