Augusta, ME Property For Sale and Lease

3.94+/- acre build-to-suit site with highway visibility

Located 0.8± miles from I-95 Exit 109 in Augusta

Site can accommodate a 12,000 - 15,000+/- SF industrial/flex building.

Nearby businesses include Sunbelt Rentals, State of Maine, F.W. Webb, White Cap, Dave’s World Heat Pumps, Michaud Distributors, Transco, J.S. McCarthy

Printers and many more.

Lease Rate To Be Determined.

GROUP SHOWINGS WILL BE HELD ON THURSDAY, OCTOBER 5, 2023, RSVP WITH LISTING BROKER!

Multifamily portfolio for sale in downtown Augusta, ME. Sale includes 15 apartment buildings with rentals that range from single room occupancies to up to 4-bedroom apartments. Excellent historical occupancy with below market rents. An on-site management team makes this a turnkey investment with excellent cashflow. All of the buildings in this offering are located on or close to Water Street, which is home to retail shops, breweries, and local eateries.

Submit NDA for more information.

This is a unique offering of a pre-approved site for a 250-unit multi-family rental housing development that is "shovel ready." It includes a highly valuable property tax reduction and architectural plans. The property includes two street front commercial sites estimated to be valued at $750,000 in total.

The site is located approximately 4000 feet west of I-95 on Civic Center Drive, at the intersection of Leighton Rd. Current approved plans are for 125 x 1 Bed Jr., 118 x 1 Bed, and 8 x 1 Bed Plus. and 36 covered garage spaces. The commercial sites are at the lighted intersection of Leighton Road. The estimated total value of these commercial sites is $750,000.

The Concord Trailways Bus station is also at this intersection.

The residential configuration and site plan can be amended, but the plan has been rigorously developed by a prominent architectural firm and matches the project in Biddeford which is under construction, and a similar project in Lebanon NH, which is 80% complete.

The project has already received approval from the City and State for Tax Increment Financing and a Credit Enhancement Agreement (TIF/CEA) which will reduce property taxes by approximately 65% for 25 years, thus returning over $315,000 per year to the NOI.

The sale also includes a set of plans for a matching property currently under construction in Biddeford, Maine.

The pre-approval by the State DEP under the Site Location of Development Act (SLODA) will allow the project to go into construction immediately rather than facing a delay of 9 months to one year.

The plan is based on "The Marek" concept being implemented by Saxon Partners in a variety of communities along the east coast and as far west as Colorado. In the Northeast region, one is under construction in Biddeford, ME and another in Lebanon, NH. These projects are designed to be located near medical facilities and to attract young professionals. Features include:

–High quality, with modern condo-level finishes, and roughly 10,000 square feet of modern amenities, such a fitness center, home office areas, a bistro bar, secure bike and package storage.

–Sidewalks to the nearby Augusta Marketplace shopping area and job sites.

–The buildings are fully elevated.

–Exterior social areas with fire pits

–Benefit from energy efficient design and heat pumps providing HVAC.

–Have easy access to walking and biking paths, with surrounding green space.

--The buildings are fully elevated.

--Exterior social areas with fire pits

--Benefit from energy efficient design and heat pumps providing HVAC.

--Have easy access to walking and biking paths, with surrounding green space.

- In Augusta's Water Street Historic District

- 20,800± SF five-story building in Downtown Augusta overlooking the Kennebec River

- 7,113± SF 1st floor NNN leased to SGC Engineering.

- Two (2) 3,000± SF walkup floors in shell condition ideal for residential conversion

- Many recent mechanical and structural improvements

Great building in high traffic area! Ample parking and lots of possibilities! Any new use will need planning board approval.

Investment Property! Two commercial Buildings with a large parking area. One building has 2 Medical Office Suites / 2 Apartments / and the second building is a Martial Arts Studio. Great location with high traffic count. 3 miles to the MaineGeneral Hospital, the State Capitol Complex, and Interstate 95. 11,660 Traffic Count.

5,500+/-SF warehouse facility.

1.34+/- acres providing ample, on-site, paved parking

Five (5) drive-in doors

Approximately 200' of frontage on Leighton Road with two access points

Minutes from Exit 109 of the Maine Turnpike

Excellent development opportunity – approved for up to 400 residential units!!! Civic Center Drive location, 17.88 acres, over 500 feet of road frontage, surveyed with site plans. Near Interstate 95, Maine General Hospital, the new VA Home, Marketplace Mall, Augusta Civic Center, etc. A great location for multifamily housing, city water and sewer, wonderful building parcel with scenic and pleasant westerly views. Architectural plans/prints available for 2 buildings, a 32 unit – 4 story building, and a 10-unit Townhouse. A rare find - a large development site for new apartments – there is a big need for more housing! Condominiums are also a possibility. Create your own residential neighborhood with a portfolio of multifamily buildings. May be a good candidate for affordable housing with Maine State Housing program. Call for more details. A great investment opportunity! Broker owned.

3,500+/- SF of Class A office space on the 2nd Floor

Located 0.5+/- miles from the State Capitol building, approximately 1 mile from the Maine Turnpike

Ample on-site parking

Adjacent tenants include Pierce Atwood, VHB, Kleinfelder, Efficiency Maine, One River CPA’S, Taylor, McCormack, & Frame, Kozak & Gayer, and Serra

Public Affairs and more

Elevator building with central heat and A/C

Office suites in various sizes and prices are available for lease in the Olde Federal Building, featuring views of the Kennebec River and/or Water Street. High quality finishes including sound insulation, hardwood solid core doors, acoustic ceiling tiles, and ceramic tile flooring. Free use of the common conference room and kitchen/break area. Designated parking spaces as well as ample parking in area lots and on-street. Centrally located in downtown Augusta, just off Western Avenue and minutes from I-95, and within walking distance to the waterfront, shopping, restaurants, and a short distance to the State Government campus.

Free use of the common conference room and kitchen/break area. Taxes TBD.

Beautiful and well-maintained Historic Johnson-Baker House located in Augusta, Maine. This property offers 11 rooms and 3 bathrooms that allow for ample sunlight. (Also, more potential rooms on third floor.) There is an eat in kitchen with a butler pantry located on the first floor, ADA accessible, two driveways both with plenty of parking and is located within walking distance of the Augusta State Airport, Court house, and many other local amenities. Currently this property is used as an office, although the possibilities are endless. Seller also open to leasing back part of the property, please reach out with any questions.

Church with office addition recently added. Fully sprinkled. Handicap elevator, fire/ building codes compliant. Suitable for a multiple use conversion.

- In Augusta's Water Street Historic District

- 10,000± SF of rentable 1st floor space with 5,000± SF vacant

- 5,000± SF leased by Maine Trial Law, PLLC. Inquire with broker for lease details.

- 8,952± SF lower level basement space

- 14+ foot ceiling height and wraparound deck overlooking the Kennebec River

- Basement provides ample storage or potentially additional office/gym/recreation space

- Built in 1900, extensively renovated in 2009

Great investment opportunity, located in the heart of Augusta. Fully rented 10 units. Five of the tenants pay their own heat. Building has great rental history. Most units have been remodeled. Building manager in place (may be interested in staying). Several of the units have beautiful detailing including marble fireplace mantles, beautiful front entry way, granite steps plus great architectural detail. Coin op washers and dryers.

2,514 SF of first floor medical office space. Large waiting room and reception area, 8 exam rooms with existing plumbing, 3 bathrooms, updated mechanical systems. Building signage and on-site parking lot. Building also available for sale, excellent opportunity for owner-user or investor.

5,569+/- SF warehouse building on 1.94+/- acres

Highway visibility from Maine Turnpike (I-95)

Large yard for storage

Building expansion possible

Convenient location off I-95 Exit 109

Large multi-use building located right in the heart of Downtown Augusta!! Lots of potential uses, 6 levels, 57,330 SF, lots of area for parking out back, large 2.26 acre lot, Historic District and Opportunity Zone area,(check with the city for more info) north end of Water St – not far from Mill Park. Real good development opportunity, architectural renderings available for potential conversion, rock solid building – former cotton mill warehouse. (ceilings are somewhat low) Possible uses could be: housing,(very much needed – could be a Maine Housing candidate with Federal Tax Credits) office space, storage – for both cold and heated, retail, vehicle/boat storage, parking garage, etc. Much, much potential! Bring your ideas. A large building with a big lot, and a downtown location do not come along that often.

- 23,571+/- sf of class A space in Downtown Augusta.

- 5,834 - 11,372+/- sf of first level space. Potential for smaller retail suites. Courtyard included for potential outdoor seating.

- 12,199+/- sf of second floor office space.

- Large windows and street level access make this space ideal for retail, restaurant or office users.

- Parking available on-site.

4,408 SF, two-story former bank building with drive-up window on 0.66 acres.

Located on State Street just off Western Ave with easy access to the Maine Turnpike via Exit 109.

The property is a corner lot at a lighted intersection in downtown Augusta along a stretch of professional office buildings.

Two on-site surface lots and on-street spaces provide ample parking.

Includes a drive-up window

1,500+/- SF - 85,508+/- SF of retail space in a multi-tenanted retail center on 10± acres

85,808+/- SF anchor opportunity with junior anchor, in-line and pad site opportunities

392 parking spaces

Traffic counts in excess of 20,000± vehicles per day

Fully tenanted professional office building available in the heart of downtown Augusta. The building has been well maintained and a new roof was installed in 2021. There are 10 dedicated parking spaces on-site as well as free public parking via abutting parking lot and nearby parking garage. Excellent location just minutes to the Maine Turnpike. Near the state capital, many state agencies, Capital Park, The Kennebec River Rail Trail, and the YMCA. Downtown Augusta has been recently revitalized and has much to offer including the Kennebec River waterfront, Colonial Theater renovation, several new restaurants, brew pubs and more. Join the vibrant Augusta community with this wonderful investment in the thriving downtown area.

• 4,000 SF of office space available for lease

• Convenient location directly off Exit 109 and Western Ave.

• Located at the entrance of Capital West Business Park.

• Area business’ include: F.W. WEBB, Transco Business’ Technologies, Kennebec Pharmacy, Michaud Distributors, White Cap-A.H. Harris & Sons, State of ME, and CMP.

10,000+/- SF Class A office/flex space

Large parking/yard area

Lobby entry area with elevator

Located off Civic Center Dive in close proximity to Exits 112 and 113

Close to Maine General Medical Center, Central Maine Commerce Center and The Marketplace at Augusta

The Ballard Center is a new, Class A development site that is becoming the most coveted office and commercial space in the Capitol City. Located on East Chestnut Street in Augusta, the building is the former MaineGeneral Medical Center and consists of over 265,000 square feet of space. Come join tenants such as Maine General Health, Maine Virtual Academy, Ballard Cafe and many more. Lease rate includes use of campus fitness center, Ballard Cafe, parking, and building security. The Ballard Center is close to I-95 and I-295, several malls, has great views of the Capitol and downtown Augusta, offers ample parking and so much more! Developer will build space to suit your specific needs.

The Ballard Center is a new, Class A development site that is becoming the most coveted office and commercial space in the Capitol City. Located on East Chestnut Street in Augusta, the building is the former MaineGeneral Medical Center and consists of over 265,000 square feet of space. Come join tenants such as Maine General Health, Maine Virtual Academy, Ballard Cafe and many more. Lease rate includes use of campus fitness center, Ballard Cafe, parking, and building security. The Ballard Center is close to I-95 and I-295, several malls, has great views of the Capitol and downtown Augusta, offers ample parking and so much more! Developer will build space to suit your specific needs.

10,000± SF of office/flex space with loading dock

Convenient location just off Western Avenue and near Exit 109 of the Maine Turnpike

Ample on-site parking

Close to Maine State Housing Authority, CMP, Margaritas, Charlie’s Motor Mall, CPort Credit Union, ConvenientMD and many others

1,500+/- SF - 85,508+/- SF of retail space in a multi-tenanted retail center on 10± acres

85,808+/- SF anchor opportunity with junior anchor, in-line and pad site opportunities

392 parking spaces

Traffic counts in excess of 20,000± vehicles per day

5,000 sf – 10,000± SF office, medical, destination retail build-to suit

Class A construction

5:1 parking ratio

High visibility on Civic Center Drive, in close proximity to I-95 Exit 112 and 113

Pylon signage

Area businesses include MaineGeneral Medical Center, State of Maine government offices, Augusta Marketplace and the Augusta Civic Center

UP TO 6,514+/- SF OFFICE SPACE

Second floor office space - sub-dividable

Office Building across from the Courthouse with easy access from the State government campus and Route 202 Rotary

Ample on-site parking with additional parking nearby

Amenities include kitchenettes, conference rooms, work areas, atrium, basement storage area

1,735± SF retail building with drive-thru on 0.34± AC lot

Corner lot with access on both Bangor and School Streets

Traffic Count of AADT 22,680

Significant retail corridor with nearby businesses including Hannaford, Dunkin’ Donuts, McDonald’s and Dairy Queen, to name a few

$350,000