Bought with Brian Rizzo Rizzo Mattson
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Key Details
Sold Price $375,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 2,042 sqft
Price per Sqft $183
MLS Listing ID 1645876
Bedrooms 5
Full Baths 2
Year Built 1900
Tax Year 24
Lot Size 5.000 Acres
Property Sub-Type Single Family Residence
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 on aerial images are approximate.
Location
State ME
County Kennebec
Zoning Residential
Interior
Heating Oil, Baseboard, Forced Air
Cooling None
Flooring Carpet, Other, Vinyl, Wood
Exterior
Parking Features Gravel, Paved, 5 - 10 Spaces, Underground
Garage Spaces 1.0
View Trees/Woods
Roof Type Shingle
Building
Lot Description Intown, Near Shopping, Level, Open Lot
Foundation Poured Concrete
Water Public
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