264 Eastern Ave Augusta, ME 04330-5931
This exceptional retail property, situated at 264 Eastern Avenue in Augusta, Maine, presents a fantastic opportunity for a discerning business owner. Boasting high visibility on a busy thoroughfare, this 1,052 square foot building sits on a sizable 0.46-acre lot complete with paved parking, ensuring ample space for customers and employees. Currently configured as a takeout restaurant, the versatile layout offers significant potential for adaptation to a wide range of commercial uses. Imagine transforming this space into a thriving office environment, a unique retail store, or another suitable business venture. The property's prominent location guarantees excellent exposure to a steady stream of potential customers. The ample parking further enhances the property's appeal, providing convenience and accessibility. This is a rare opportunity to acquire a well-located commercial property in a desirable Augusta neighborhood. The asking price is $225,000. Don't miss out on this chance to establish your business in a prime location with excellent visibility and ample parking. Serious inquiries only.
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Eastern Delight Restaurant
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.