10 Pethaven Ln Augusta, ME 04330-6119
This 12,093 square foot flex space property, located at 10 Pethaven Ln, Augusta, ME 04330, presents a compelling redevelopment opportunity. The single-story building, constructed in 1998, sits on a 1.044-acre lot (APN: Map 21, Block C, Lot 5 & 6) and is zoned CC - Regional Business & RBI - Medium Density Residential, offering considerable versatility. Previously used as an animal shelter, the property offers significant potential for adaptive reuse. Its convenient location off Western Avenue provides excellent visibility and accessibility. The ample on-site parking caters to multi-tenant occupancy, a possibility given the building's size and zoning. The asking price is $485,000, translating to $40.11 per square foot. This property is ideal for investors or developers seeking a prime location and a chance to create a thriving commercial space. The property's size and zoning allow for a variety of uses, making it an attractive investment in a growing area. Serious inquiries are encouraged to explore the full potential of this unique Augusta, Maine property.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.