Augusta, ME 04330 382 Water Street
$5,950,000
Presented By: Colliers International;
SQFT • 5,878
Home Details
PROPERTY BEING SOLD AS A PACKAGE WITH 14 OTHER BUILDINGS. PLEASE SIGN NDA FOR FULL OFFERING MEMORANDUM. Multifamily portfolio for sale in downtown Augusta, ME. Sale includes 15 apartment buildings with rentals that range from single room occupancies to up to 4-bedroom apartments. Excellent historical occupancy with additional room to go up on rents. Significant capital improvements have positioned this for a smooth transition to new ownership. An on-site management team makes this a turnkey investment with excellent cashflow. All of the buildings in this offering are located on or close to Water Street, which is home to many retail shops, breweries, and local eateries.
Presented By: Colliers International;
Interior Features for 382 Water Street
Bathrooms
Total Baths
Other Interior Features
Basement (Y/N)No
General for 382 Water Street
Additional Parcels Y/NNo
Business TypeCommercial, Other
Carport Y/NNo
CityAugusta
CountyKennebec
Electric On Property Y/NNo
Garage Y/NNo
HOANo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Lot Size Square Feet4791.6
Lot Size UnitsAcres
MobileHomeRemainsYNNo
New ConstructionNo
Property SubtypeMulti Family
Property TypeCommercial Sale
Rent Control Y/NNo
Senior CommunityNone
Standard StatusActive
StatusActive
Tax Lot247
Waterfront Y/NNo
ZoningKBD1
Exterior for 382 Water Street
Building Area Total5878.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.11
Lot Size Area0.11
Open Parking Y/NNo
Parking FeaturesOn Site
Additional Details
Price History
Jon Mercier
Designated Broker/ Realtor®