Augusta, ME Retail Property For Sale

Fabulous visibility. Prime location on Augusta's East side rotary with frontage on the Rotary, Bangor Street and Cony Street. 3 building retail/office complex with up to 7 rental options. Approx. 13,250 square feet of rental space. The 3 story brick building has an elevator. Very convenient to the State House, shopping, the Civic Center, the Market Place, Maine General and other area amenities. Great location, lots of potential.

We are pleased to offer this three-story, 21,936 SF Class A office building for sale. The property is fully leased with approximately 80% of the leases being long-term State of Maine leases. The property is within walking distance to the State Capitol building and approximately 2 miles from Maine Turnpike/I-95, Exit 109A.

Excellent investment portfolio consisting of three abutting properties comprising 1.46+/- acres with a combined footprint of 6,459+/- SF of mixed use space. 137 Civic Center Drive is a 4,280+/- SF building featuring Sam’s Italian Foods as wells as J Salon. 145 Civic Center Drive is a two-story 1,008+/- SF building that houses Uncorked Wine & Cheese on the first floor and upper level office space housing a Bitcoin business. 168 Townsend Road is a 1,171+/- SF 3 bedroom house that is currently vacant. This portfolio is located on busy Civic Center Drive less than a half mile to the Maine Turnpike. The area is Augusta’s retail hub including nearby Marketplace at Augusta, UMaine Augusta, and the Augusta Civic Center.

This property has been approved for redevelopment that includes a new 2,176+/- SF retail building to be built to the right of the Sam’s building and replacing the wine & cheese shop and house with a 2,720+/- SF retail building. See page 8 of brochure for approved plan document.

Very high daily traffic count and visibility come with this Augusta East Side Commercial location. Currently used as an auto repair shop with a tenant in place ($2,300 per month - lease until 6/30/23), 5 garage bays, office and customer area, lots of potential uses, great location, 2,552 SF, corner lot with plenty of road frontage. Great opportunity! Seller financing available for qualified buyer. Also, a lease possibility.

Pleased to present the sale of the Augusta

Plaza at 56-58 Western Avenue in Augusta, Maine (the “Property”

or “Center”). This 140,000+/- SF shopping center boasts an excellent

location off exit 109A from I-95 in Maine’s Capital City next to the

State of Maine government campus and a variety of shopping and

restaurants. The Center is situated on 10± paved acres accessed off a

traffic light on Western Avenue.

There is currently both an end-cap anchor opportunity (85,808+/- SF)

and a variety of junior anchor suites available which make this an

ideal purchase for companies who prefer to own their real estate and

also face a high barrier to entry into markets such as Augusta. Those

same availabilities make the opportunity ideal for redevelopment or

repositioning within the market.

One of the strongest attributes of the Augusta Plaza is its location. The

10± acre developed parcel is directly adjacent to the State of Maine

government campus and the Federal Building, with direct traffic light

access off of Western Ave (traffic counts in excess of 20,000+/- AADT).

Hannaford, Target, Lowe’s, Walgreens and Shaw’s are located on the

same retail strip in close proximity to the Property.