36 Anthony Ave Augusta, ME 04330
- Showrooms
- 32,000 SF
- 3.41 lot acres
Current Use by Public Records
- Advanced Industrial Solutions - AIS Inc. / Manufacturer
- Restwend LLC / Corporate Office
- State of Me Connectme Auth / State Government Office
- Centralmaine.com / Newspaper Publisher
- J&R Associtates / Construction And Maintenance Office / Commercial Real Estate Agency
Property Details for 36 Anthony Ave
- Year built
- 1988
- Construction
- STEEL FRAME
- Lot size
- 3.41 lot acres
- Property size
- 32,000 SF
- Property type
- Showrooms
- APN
- AUGU M:0005A B:00059 L:00000
- APU
- AUGUM0005AB00059L00000
Description
This exceptional Class A creative office building, located at 36 Anthony Avenue in Augusta, Maine, presents a unique investment opportunity. The single-story, 32,000 square foot building sits on a generous 3.41-acre lot, offering ample space and potential for expansion or outdoor amenities. Constructed in 1988, the property is zoned IA and features a multiple tenancy structure, ideal for a variety of businesses seeking flexible and adaptable workspaces. The building's single-story design provides easy accessibility and efficient workflow. While elevators are not present, the single-story layout mitigates this. The property's location in the Augusta/Waterville area of Kennebec County offers convenient access to major transportation routes and a thriving local economy. The property's APN is 5/A/59 and its zip code is 04330. This is an excellent opportunity to acquire a substantial and well-situated creative office building in a desirable Maine market. The property's size and zoning provide significant flexibility for future development or adaptation to evolving business needs. This is a rare opportunity to acquire a significant footprint in a growing area. The property's single-story design and ample lot size offer significant advantages for businesses seeking a unique and functional workspace.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $785,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $785,000
- 6.5%
- $780,000
- 7%
- $750,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $870,000
- Geo Method
- $690,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $800,000
- Retail
- $955,000
- Mixed-Use
- $780,000
- Hospitality
- $930,000
- Educational
- $930,000
- Residential Income
- $815,000
- Energy
- $935,000
- Income-Based Land
- $910,000
- Food Service
- $935,000
Location Insight
- Map
- Local Demand
- City
- Augusta
- County
- Kennebec
- State
- Maine
- Longitude
- -69.7999
- Latitude
- 44.348
- CBSA code
- 12300
- CBSA name
- AUGUSTA-WATERVILLE, ME MICROPOLITAN STATISTICAL AREA