83 Anthony AveAugusta, ME 04330

This exceptional Augusta, Maine industrial property presents a compelling investment opportunity. The 19,188 square foot flex/warehouse building, constructed in 1996, sits on a 4.28-acre lot and boasts a 10% cap rate, generating a net operating income (NOI) of $234,979. Currently 100% occupied by a long-term tenant (Spectrum) under a net lease, the property offers significant income potential. The lease extends to October 31, 2025, with two two-year renewal options, potentially extending occupancy to October 31, 2029. The building features a 12-foot ceiling height, one loading dock, and ample on-site parking exceeding 100 spaces, plus a fenced storage yard. The property is zoned IA - Industrial, offering flexibility for various uses. This Class B building represents a strong owner-user or investment opportunity with a sale price of $2,350,000, translating to a price per square foot of $122.47. The Avangrid Foundation is the current owner. This is a single-story building with a second story. The property is located at 83 Anthony Ave, Augusta, ME 04330.