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Listed by Sprague & Curtis Real Estate • tyler@spragueandcurtis.com
$425,000
2,042 SqFt
UPDATED:
Key Details
Property Type Commercial Sale
Sub Type Multi Family
Listing Status Active
Square Footage 2,042 sqft
MLS Listing ID 1645877
HOA Y/N No
Year Built 1900
Lot Size 5.000 Acres
Acres 5.0
Property Sub-Type Multi Family
Source Maine Listings
Land Area 2042
Property Description
Opportunities like this are increasingly rare on Maine Avenue. Situated on 5 elevated acres overlooking the Kennebec River, this property features two buildings and exceptional flexibility for commercial, mixed-use, or residential investment.
The rear structure (707 Maine Ave) is currently configured as a 1-bedroom, 1-bath apartment and can be adapted for a variety of uses—including office space, a rental unit, or conversion into a two-car garage with workspace or commercial space above. The main building (705 Maine Ave) offers a 3-bedroom, 1-bath layout that could serve as office headquarters, staff housing, or redevelopment into a commercial or multi-unit income property.
The expansive grounds include a large open yard with direct access to the Kennebec River Rail Trail, a popular walking and biking route that links Augusta to Gardiner—an attractive amenity for employees, tenants, or customers.
With high visibility, ample land, and multiple structures, this property is ideal for commercial operations, a multi-family investment, or an owner-user seeking on-site workspace with additional rental income potential.
Boundary lines in aerial images are approximate.
The rear structure (707 Maine Ave) is currently configured as a 1-bedroom, 1-bath apartment and can be adapted for a variety of uses—including office space, a rental unit, or conversion into a two-car garage with workspace or commercial space above. The main building (705 Maine Ave) offers a 3-bedroom, 1-bath layout that could serve as office headquarters, staff housing, or redevelopment into a commercial or multi-unit income property.
The expansive grounds include a large open yard with direct access to the Kennebec River Rail Trail, a popular walking and biking route that links Augusta to Gardiner—an attractive amenity for employees, tenants, or customers.
With high visibility, ample land, and multiple structures, this property is ideal for commercial operations, a multi-family investment, or an owner-user seeking on-site workspace with additional rental income potential.
Boundary lines in aerial images are approximate.
Location
State ME
County Kennebec
Zoning Residential
Rooms
Basement Walk-Out Access, Daylight, Full, Unfinished
Interior
Heating Forced Air, Baseboard
Cooling None
Flooring Wood, Vinyl, Other, Carpet
Exterior
Parking Features 5 - 10 Spaces
View Y/N No
Roof Type Shingle
Building
Lot Description Near Shopping
Foundation Concrete Perimeter
Sewer Private Sewer
Water Public
Structure Type Wood Siding,Aluminum Siding,Wood Frame
Others
Energy Description Oil
Virtual Tour https://www.propertypanorama.com/instaview/mreis/1645877
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