82 Water ST, Augusta, ME 04330
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82 Water ST, Augusta, ME 04330
82 Water ST, Augusta, ME 04330
82 Water ST, Augusta, ME 04330
82 Water ST, Augusta, ME 04330
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Listed by Jane Montgomery Rizzo Mattson
$ 500,000
Est. payment /mo
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82 Water ST Augusta, ME 04330

13,700 SqFt


UPDATED:

Key Details

Property Type Commercial

Sub Type General Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 13,700 sqft

Price per Sqft $36

MLS Listing ID 1664389

HOA Y/N No

Year Built 1885

Tax Year 2025

Lot Size 6,098 Sqft

Acres 0.14

Property Sub-Type General Commercial

Source Maine Listings

Land Area 13700

Property Description

Calling all investors and developers! This property is positioned in the heart of Augusta's Historic District. This distinctive mixed-use property overlooks the scenic Kennebec River at the north end of Water Street. Located within one of the city's key revitalization areas, the property represents a rare redevelopment and investment opportunity in Maine's capital city, where few comparable properties exist. The building use is a mix of commercial and residential space. The surrounding downtown continues to experience renewed energy and investment, highlighted by the ongoing restoration of the historic Colonial Theater just down the street -- a landmark project expected to further strengthen the area's cultural and economic growth. The current owner has made extensive improvements to the building, including new plumbing, electrical systems, framing, and new natural gas heating system, creating a strong foundation for future use. The south portion of the building spans 3 stories including an expansive open basement. The north side of the building has two stories of additional space, allowing for additional future upgrades. Whether envisioned for commercial, or mixed-use, this property offers exceptional potential and possibilities. Buyer is advised to check with the City of Augusta on commercial/residential uses of the property.

Location

State ME

County Kennebec

Zoning commercial

Direction From 295N take exit 109 onto US 202/SR11 towards Augusta. Keep right onto US 202E. At the Roundabout take the third exit on to Water Street, continue 0.7 miles to property location.

Rooms

Basement Full, Unfinished

Interior

Heating Gas Natural, Forced Air

Cooling Central Air

Flooring Wood

Exterior

Parking Features On Street

Waterfront Description Nearby,Public,River/Brook/Stream

Roof Type Flat,Membrane

Accessibility 48+ Inch Halls

Building

Lot Description Business District, Historic District, Downtown, Near Shopping, Near Turnpike/Interstate, Near Airport, Water View

Story 3

Entry Level Multi-Level

Foundation Poured Concrete

Water Public

Others

Tax ID AUGU-000034-000084

Acceptable Financing Cash

Listing Terms Cash


Maine MLS (MREIS) IDX
Paige Klein
Paige Klein

Broker | License ID: BR928579

+1(207) 370-1529 | paigeklein@portsidereg.com

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82 Water ST