72 Cony St Augusta, ME 04330-5235
This exceptional 0.96-acre commercial lot, located at 72 Cony Street in Augusta, Maine, presents a unique investment opportunity. The property boasts a highly visible location on a rotary in the heart of downtown Augusta, experiencing an average daily traffic count exceeding 20,000 vehicles. The existing 2,780 square foot building, formerly a credit union, offers a versatile layout including multiple offices, a secure bank vault, and a convenient drive-thru window. This adaptable space is ideal for a variety of commercial uses, benefiting from its prime location and high traffic volume. The property's address is 72 Cony Street, Augusta, ME 04330, within Kennebec County. The asking price for this remarkable property is $695,000. Its strategic location and existing infrastructure make it an attractive prospect for businesses seeking a prominent presence in a thriving downtown area. The property is zoned for commercial use and offers significant potential for redevelopment or continued operation as a commercial space. Don't miss this chance to acquire a highly visible and well-situated commercial property in the vibrant city of Augusta.
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New Dimensions Federal Credit Union Credit Union
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.