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257-267 Water St
Augusta, ME 04330

Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Storefront
Building Size
44,175 SF
Building Class
C
Year Built/Renovated
1865/2020
Tenancy
Multiple
Building Height
4 Stories
Slab To Slab
9’
Building FAR
0.68
Lot Size
1.50 AC
Zoning
KBD1
Frontage
40 ft on Water St

Amenities

  • Security System
  • Air Conditioning

About 257-267 Water St , Augusta, ME 04330

Historic Tax Credit Redevelopment - Augusta, ME We are pleased to offer this rare redevelopment opportunity in the heart of revitalized Downtown Augusta. The building complex consists of four (4) contiguous multi-story buildings totaling 33,365± SF with stunning Kennebec River views. All four buildings qualify for State and Federal Historic Tax Credits making this an ideal value-add development project. The upper floors of the complex have been recently fully renovated as medical office space with extensive, up to date, plumbing and electrical services in place allowing for easy conversion to apartment use. The buildings include 8,270± SF of highly visible retail space on Water Street. 257-271 Water Street is centrally located in the Downtown District of Augusta just off Western Avenue and minutes from I-95.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
AUGU-000034-000040
Land Assessment
$94,926
Improvements Assessment
$2,666,694
Total Assessment
$2,761,620
  • Listing ID: 7167251

  • Date on Market: 2017-05-11

  • Last Updated:

  • Address: 257-267 Water St, Augusta, ME 04330

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