82 Water ST, Augusta, ME 04330
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82 Water ST, Augusta, ME 04330
82 Water ST, Augusta, ME 04330
82 Water ST, Augusta, ME 04330
82 Water ST, Augusta, ME 04330
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Listed by Jane Montgomery Rizzo Mattson
$ 500,000
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82 Water ST Augusta, ME 04330

3 Beds

8 Baths

13,700 SqFt


UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 13,700 sqft

Price per Sqft $36

Subdivision No

MLS Listing ID 1665089

Bedrooms 3

Full Baths 8

HOA Y/N No

Year Built 1885

Tax Year 2025

Lot Size 6,098 Sqft

Acres 0.14

Property Sub-Type Single Family Residence

Source Maine Listings

Land Area 13700

Property Description

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.

Location

State ME

County Kennebec

Community No

Zoning commercial mixed use

Direction From I 95 North take exit 109 onto US-202, SR11 towards Augusta, keep right onto US 202East Toward Augusta, At the roundabout, take the third exit onto Water Street, go 0.7 mile and the property in on your left. It is between two other buildings.

Body of Water Kennebec River

Rooms

Basement Interior Entry, Full, Unfinished

Interior

Interior Features One-Floor Living, Primary Bedroom w/Bath

Heating Gas Natural, Forced Air

Cooling Central Air

Flooring Wood

Furnishings Unfurnished

Fireplace No

Exterior

Parking Features No Driveway, Other Parking, On Street

Waterfront Description Nearby,Public,River/Brook/Stream

Roof Type Flat,Membrane

Accessibility 48+ Inch Halls

Garage No

Building

Lot Description Business District, Historic District, Intown, Near Shopping, Near Turnpike/Interstate, Near Town, Level, Sidewalks

Entry Level Multi-Level

Foundation Poured Concrete

Water Public

Architectural Style Other

Schools

School District Augusta Public Schools

Others

Tax ID AUGU-000034-000084


Maine MLS (MREIS) IDX
Jeffrey Jolicoeur

Jeffrey Jolicoeur

Team Leader, Broker | BR916783

+1(207) 649-6893

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82 Water ST