82 Water Street, Augusta, ME 04330
Local realty services provided by:Better Homes and Gardens Real Estate The Masiello Group
82 Water Street,Augusta, ME 04330
$500,000
- 3 Beds
- 8 Baths
- 13,700 sq. ft.
- Single family
- Active
Office: rizzo mattson
MLS#:1665089
Source:ME_MREIS
Price summary
- Price:$500,000
- Price per sq. ft.:$36.5
About this home
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....
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Home facts
- Year built:1885
- Listing ID #:1665089
- Updated:June 08, 2026 at 05:14 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:8
- Full bathrooms:8
- Rooms Total:10
- Flooring:Wood
- Bedroom Description:Primary Bedroom w/Bath
- Basement Description:Full, Interior Entry, Unfinished
- Living area:13,700 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Forced Air, Gas Natural, Heating
- Central air:Yes
Structure and exterior
- Roof:Flat, Membrane
- Year built:1885
- Building area:13,700 sq. ft.
- Lot area:0.14 Acres
- Lot Features:Business District, Historic District, Intown, Level, Near Shopping, Near Town, Near Turnpike/Interstate, Sidewalks
- Construction Materials:Brick, Wood Frame
- Foundation Description:Poured Concrete
- Levels:Multi Level
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$500,000
- Price per sq. ft.:$36.5
- Tax amount:$2,874 (2025)
Features and amenities
- Amenities:One-Floor Living
Parking
- Parking description:No Driveway, On Street, Other Parking
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