82 Water St, Augusta, ME 04330
- $500,000
- 3
- BD
- 8
- BA
- 10,400
- SqFt
Listing courtesy of Rizzo Mattson. 207-622-9000
- List Price
- $500,000
- Status
- ACTIVE
- Days on Market
- 57
- MLS#
- 1665089
- Subtype
- Residential
- Style
- Other
- Year Built
- 1885
- Bedrooms
- 3
- Bathrooms
- 8
- Full Baths
- 8
- Living Area
- 10,400
- Lot Size
- 6,098
- Acres
- 0.14
- Subdivision
- No
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. Current code allows for Residential use on the top floor, with commercial on the ground floor. 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. Recommended that interested parties practice due diligence and contact the City of Augusta regarding commercial/residential potential uses of the property, and all building codes in the City of Augusta.
Additional Information
- Interior Features
- One-Floor Living, Bath in Primary Bedroom
- Taxes
- $2,874
- Property Description
- Other
- Zoning
- commercial mixed use
- Flooring
- Wood
- Heating
- Natural Gas, Forced Air
- Air Conditioning
- Central Air
- Levels
- Multi/Split
- Roof
- Flat, Membrane
- Foundation
- Poured Concrete
- Parking Features
- No Driveway, On Street
- School District
- Augusta Public Schools
- View
- Water
- Waterfront Features
- River, River
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