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Property profile & analytics
OFF-MARKET
Commercial real estate

412 Western Ave Augusta, ME 04330

1,232 SF 0.58 ac lot Built 1956
Property ID
US42-0058133
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 Commercial real estate
Year built 1956
Total area 1,232 SF
Lot 0.58 ac (25,265 SF)
APN AUGU-000017-000011
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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