171 Capitol StAugusta, ME 04330

  • Commercial real estate
  • 3,540 SF
For Lease
$12/SF/YR View listing

Property Details for 171 Capitol St

Year built
1976
Construction
FRAME
Lot size
0.90 AC
Property size (Sq ft)
3,540 SF
Property type
Commercial real estate
APN
AUGU M:00023 B:0102A L:00000
APU
AUGUM00023B0102AL00000

Description

This exceptional 3,900 square foot retail/flex space is available for lease in the Augusta/Waterville submarket. Situated on a 9-acre lot, this single-story, 11,100 square foot building offers excellent visibility and high traffic counts, averaging 10,670 cars per day according to 2023 MDOT data. The property boasts a prime location off Capitol Street, at a convenient entrance to Shaw's Plaza, placing it in close proximity to State of Maine office buildings and the State House. This Class B property, built in 1976, is zoned CC - Regional Business (APN: Map 23, Lot 102A) and features multiple tenancies. The space is ideal for a variety of businesses, benefiting from its proximity to established businesses such as Shaw's, Dollar Tree, Planet Fitness, Burger King, Applebee's, Circle K, and other State of Maine offices. Utilities are available. There are no elevators in this one-story building. The lease rate is $12.00 per square foot, NNN. Don't miss this opportunity to secure a highly visible and strategically located space in a thriving commercial area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $669,906
    Hospitality
    $613,631
    Educational
    $510,534
    Medical
    $528,092
    Retail
    $794,163

Location Insight

City
Augusta
County
Kennebec
State
Maine
Latitude
44.3104
Longitude
-69.7914
CBSA code
12300
CBSA name
AUGUSTA-WATERVILLE, ME MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$18,322
$251,600
$546,400
$798,000
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