Current Price:$425,000List Date:12/08/2025Last Modified:12/10/2025
Description
Opportunities like this are increasingly rare on Maine Avenue. Situated on 5 elevated acres overlooking the Kennebec River, this property features two buildings and exceptional flexibility for commercial, mixed-use, or residential investment.
The rear structure (707 Maine Ave) is currently configured as a 1-bedroom, 1-bath apartment and can be adapted for a variety of uses—including office space, a rental unit, or conversion into a two-car garage with workspace or commercial space above. The main building (705 Maine Ave) offers a 3-bedroom, 1-bath layout that could serve as office headquarters, staff housing, or redevelopment into a commercial or multi-unit income property.
The expansive grounds include a large open yard with direct access to the Kennebec River Rail Trail, a popular walking and biking route that links Augusta to Gardiner—an attractive amenity for employees, tenants, or customers.
With high visibility, ample land, and multiple structures, this property is ideal for commercial operations, a multi-family investment, or an owner-user seeking on-site workspace with additional rental income potential.
Boundary lines in aerial images are approximate.
Status: ActiveOriginal List Price: 425000List Price: $425,000Current Price: $425,000
Property Information
Surveyed: UnknownSeasonal: NoOwner Occupied: NoDeed/Conveyance Type Offered: Personal RepNumber of Units: 2Total Baths: 2Total Full Baths: 2Year Built: 1900SqFt Finished Above Grade: 1717SqFt Finished Below Grade: 325SqFt Finished Total: 2042SqFt Source: OtherOther Source of Square Footage: estimatedFurniture: UnfurnishedGarage: YesGarage Spaces: 1Lot Size Acres +/-: 5Source of Acreage: Public RecordsRoad Frontage: YesRoad Frontage +/-: 306Source of Road Frontage: Public Records
Water Info
Water Frontage: NoWater View: No
Units
# of 1 BD Units: 1# of 3 BD Units: 1
Unit 1
Lease: NoLevel: FirstSecurity Deposit: No# Full Baths: 1# of Rooms: 6# of Bedrooms: 3Dedicated Electric Meter: YesDedicated Gas Meter: NoDedicated Water Heater: YesElectric: NoHeat: NoRange: YesRefrigerator: YesSewer: YesWater: Yes
Unit 2
Lease: NoLevel: SecondSecurity Deposit: No# Full Baths: 1# of Rooms: 3# of Bedrooms: 1Dedicated Electric Meter: YesDedicated Gas Meter: NoDedicated Water Heater: YesElectric: NoHeat: NoRange: YesRefrigerator: YesSewer: YesWater: Yes