2 Bangor St, Augusta, ME 04330

$599,000
10,786
SqFt

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Listing courtesy of Sprague & Curtis Real Estate. tyler@spragueandcurtis.com

List Price
$599,000
Status
ACTIVE
Days on Market
193
MLS#
1652995
Subtype
Commercial Sale
Year Built
1926
Living Area
10,786
Lot Size
20,473
Acres
0.47

Property Description

2 Bangor Street and 7 Noyes Street. This east side Augusta commercial offering includes two distinct buildings on one prime property, delivering strong income, flexibility, and long-term security in a highly sought-after location. 2 Bangor Street is a substantial approximately 8,729 square foot commercial building spanning three fully utilized levels, including the basement. All floors are fully rented, providing immediate cash flow for an investor. This building is a mix of office and retail space. In the past, it has been used as medical space and a large print shop. An elevator services all levels, ensuring ease of access and enhancing usability for a wide range of commercial tenants. The building's layout supports professional offices, creative workspace, or mixed commercial uses, making it a stable and versatile asset. 7 Noyes Street is a 2,200+/- square foot, two-story building with separate entrances for each level, offering excellent flexibility. The configuration allows for potential division into two individual units, creating an opportunity to increase income or tailor the space to specific tenant needs.. This building is ideal for small offices, studio space, or owner-occupancy with rental income above or below. Together, these buildings create a rare multi-structure commercial investment in a high-demand East Side location - ideal for investors seeking diversification, owner-users looking for flexibility, or those interested in repositioning or expanding income potential. Proximity to downtown, professional services, and neighborhood amenities further enhances long-term value and tenant appeal. A compelling opportunity to acquire a well-located, income-producing commercial property with multiple paths for growth.

Additional Information

Taxes
$14,518
Zoning
KB2
Flooring
Carpet, Laminate, Wood, Other
Heating
Oil, Heat Pump, Hot Water
Air Conditioning
Heat Pump
Levels
Multi/Split
Roof
Rolled Hot Mop, Shingle, Tar/Gravel
Foundation
Stone, Poured Concrete, Brick/Mortar

Mortgage Calculator

Amount of Loan
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Term of Loan
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Calculator source: Real Geeks

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Contact: tyler@spragueandcurtis.com