207 236 6171   info@camdenre.com
  • PROPERTIES
  • BROKERS
  • BUYERS
  • SELLERS
  • RESOURCES
    • Community
    • Schools
    • To Do & See
    • Company Brochure
  • CONTACT US
  • CALL NOW 207 236 6171
  • properties
  • Brokers
  • Buyers
  • Sellers
  • Community
  • Schools
  • To Do & See
  • Company Brochure
  • CONTACT US
Refine Search
New Search
Map View
Saved Properties (0)
 


request more information

5 Community Drive : Unit A1

Augusta

$1,750,000

beds   ·   baths   ·   13,446 sqft   ·   0.75 acres   ·   taxes: $27,384   ·   MLS#: 1614192

Location-Location-Location! First Class commercial office building at the crossroads of commerce, adjacent to the Mall at Augusta, The University of Maine at Augusta and The Augusta Civic Center. Over 13,000 square feet of prime office space. Long term tenants with leases in 12 different office suites. A great collection of professional tenants that share a conference area, a fully equipped gym, a customer waiting area and bathrooms. First floor office space with multiple entrances and plenty of parking. This premium office building is owned by four impressive owners and the building is a condo with great exposure and large traffic count. This property is 88 % leased out and an additional three suites are available to lease out for additional income This location is ideal . Original owner has had the property since it was built in 2000. Once every 25 years an opportunity like this comes available . Augusta is the place to be and this location is perfect!Present 2025 rental income is $20,931 per month or $251,172 per year 2024 annual expenses were $110,834 . Net income of $140.338 . Long term tenants in place . Potential of an additional $9060 in income to lease last unit and a storage area .

MORE DETAILS

Structure

  • Year Built : 2000
  • Flooring : Tile, Laminate, Carpet
  • Cooling : A/C Units

Site

  • Sewer : Public Sewer
  • Zoning : CD
Listing provided by LAER

Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
© 2025 Maine Real Estate Information System, Inc. All Rights Reserved.

Camden Real Estate participates in MREIS' Maine Internet Data Exchange (Maine IDX) program, allowing us to display other Maine IDX Participant's Listings. We have chosen, however, to limit the Listings shown on this page to only those Listings meeting the following criteria: listings in Maine only.


Virtual Tour

Email this property

* the email will include a link to this page.

Share this home:
© Camden Real Estate Company
43 Elm Street
Camden, Maine 04843
207.236.6171
info@camdenre.com
privacy policy
House Inn Logo House Inn Logo
43 Elm Street Camden, Maine 04843
207.236.6171     info@camdenre.com
   
© Camden Real Estate Company
House Inn Logo House Inn Logo
privacy policy