74 Winthrop St 6,868 SF 100% Leased Office Building Augusta, ME 04330 $429,000 ($62.46/SF)

INVESTMENT HIGHLIGHTS

  • 13 offices, all (currently) rented
  • All units have leases, some tenants are long-term

EXECUTIVE SUMMARY

Here is a very nice and well-maintained office building that has a good intown location and some very nice features! Same owner for almost 45 years, good parking and an entrance from both Winthrop and Court Streets, was an attorneys office for quite a few years, 13 offices, all (currently) rented, good rental history, nice and spacious rooms (some with high ceilings) with good light and quite elegant throughout, some hardwood flooring, lots of charm and character, nice mix of rooms and office space, large 2nd level suite in corner, more. All units have leases, some tenants are long-term, well-maintained building and property, natural gas heat, lot size is .35 acre, close to downtown, Western Ave, the Interstate, Augusta airport, etc. Current yearly income is: $81,420. Good investment for either an end user of the building, or an investor. Call for more info.

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Building Size
6,868 SF
Building Class
C
Year Built
1828
Price
$429,000
Price Per SF
$62.46
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
2,289 SF
Slab To Slab
10’
Building FAR
0.45
Lot Size
0.35 AC
Opportunity Zone
Yes
Zoning
BP
Parking
15 Spaces (2.18 Spaces per 1,000 SF Leased)

PROPERTY TAXES

  • Listing ID: 35349541

  • Date on Market: 4/2/2025

  • Last Updated:

  • Address: 74 Winthrop St, Augusta, ME 04330