Property profile

412 Western Ave Augusta, ME 04330

OFF-MARKET
Office Spaces
Property ID
US42-0058133
1,232 SF 0.58 ac lot Built 1956
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Property summary

AI-generated overview

This 1,232 square foot mixed-use property at 412 Western Ave, Augusta, ME 04330, is a fantastic investment opportunity. The building, constructed in 1956, sits on a 0.58-acre lot (APN: AUGU-000017-000011) and boasts 140 feet of road frontage in a high-traffic business district, experiencing over 20,000 vehicles daily. Its B-Class designation and permitted CC zoning offer flexibility for various commercial uses. Currently vacant, this single-story building presents a blank canvas for immediate occupancy. The interior features a recently updated kitchen with granite countertops and stainless steel appliances, perfect for a break room. A spacious, light-filled front room with hardwood floors is ideal for a reception area or open workspace. Three additional rooms provide ample space for private offices or meeting areas. A basement offers washer/dryer hookups and plumbing for a second restroom, while an attached garage provides storage or expansion potential. The property's excellent visibility, easy interstate and major route access, and ample parking make it an ideal location for a thriving business. This is a well-maintained property ready for immediate use or further development.

Property profile

Verified
Property type Office Spaces
Year built 1956
Total area 1,232 SF
Lot 0.58 ac (25,265 SF)
UPID US42-0058133

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

412 Western Ave Augusta, ME 04330
Augusta metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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