77 Sewall St Augusta, ME 04330-6328

This exceptional Class A office building, located at 77 Sewall Street in Augusta, Maine, presents a compelling investment opportunity. The three-story structure boasts 21,936 square feet of leasable space, currently fully occupied. A significant portion (approximately 80%) of the tenants are secured by long-term leases with the State of Maine, providing strong and stable income. The building was constructed in 1996 and sits on a one-acre lot zoned for commercial business use. Its prime location offers convenient access to the State Capitol building, enhancing its appeal to government-related businesses. Furthermore, the property enjoys excellent proximity to major transportation arteries, being approximately two miles from Maine Turnpike/I-95, Exit 109A. The asking price is $2,950,000, representing a compelling cap rate of 8.50% and a price per square foot of $134.48. This presents a rare chance to acquire a well-situated, high-performing asset in a desirable Maine location. The property's strong tenancy and strategic location make it an ideal investment for those seeking stable, long-term returns. The building's Class A designation reflects its high-quality construction and modern amenities. This is a turnkey investment opportunity with significant upside potential. The property is situated in Kennebec County, Maine, with a zip code of 04330.