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About the Listing 1064 - 022632
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.
Listing Highlights
Status
Active
Days on Site
9
Property Type
Residential
MLS ®
1665089
Year Built
1885
Total Square Footage
13,700
Lot/Acreage
0.14
Interior Details
- Bedrooms: 3
- Bathrooms: 8 Full
- Appliances:
- Air Cond: Central Air
- Heating: Gas Natural,Forced Air
- Fireplaces: 0
- Floor: Wood
- Above Ground Sq Ft: 10400
- Below Ground Sq Ft: 3300
- Basement: Interior Entry,Full,Unfinished
- Other: One-Floor Living,Primary Bedroom w/Bath
- Water: Public
Exterior Details
- Lot Description: Business District,Historic District,Intown,Near Shopping,Near Turnpike/Interstate,Near Town,Level,Sidewalks
- Garage Capacity: N/A
- Zoning: commercial mixed use
- Roof: Flat,Membrane
- Others:
- Sewer: Public Sewer
- Parking Features: No Driveway,Other Parking,On Street
Financial Details
- Tax Amount: $2,874
- Taxes w/Assessments: N/A
- Tax/Property ID: AUGU-000034-000084
- Tax Year: 2025
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Questions About..
82 Water St Augusta, ME 04330
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