412 Western Ave Augusta, ME 04330
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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
No recorded transactions found for this property.
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.