Property summary
This exceptional 0.83-acre commercial land parcel presents a unique ground lease opportunity in the thriving Augusta, Maine submarket. Located at 400 Western Avenue, this property boasts 201 feet of frontage, ensuring high visibility and accessibility for any business. The site is zoned CC, offering flexibility for a variety of commercial uses. The property's convenient location in Kennebec County, with its APN 17/8, makes it an ideal investment for entrepreneurs and developers seeking a strategic foothold in a growing market. The single-tenant nature of the lease provides simplicity and control. This is a rare chance to acquire a well-situated commercial land parcel in a desirable area of Augusta, offering significant potential for long-term growth and return. The property's location provides easy access to major transportation routes, enhancing its appeal to a wide range of potential tenants. Serious inquiries are encouraged to explore the possibilities of this exceptional ground lease opportunity. The property is situated in a vibrant commercial area of Augusta, offering a strong foundation for any commercial venture.
Property profile
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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