323 & 331 State Street | Augusta, Maine Offered at $1,750,000 ±15,224 SF two-building office investment with elevator access and ample paved parking. Property is well-leased with strong tenants and upside from rent adjustments and one small vacancy. Tenant Overview: Maine Community College System: 10-yr lease thru 6/30/30 | $13,150/mo | CPI-U annual increases Constellation Health Services: 5-yr lease thru 12/31/27 | $2,942/mo | annual increases (to $3,091 by 2027) Maine Child Welfare Ombudsman: Tenant at Will | $1,400/mo | below market Lawson Property Management: Tenant at Will | $1,000/mo | below market Maine Children’s Alliance (331 State): Tenant at Will | $1,600/mo | below market Vacancy: ±1,000 SF suite (2 offices, conference room + reception) Financials Current NOI: $146K | Projected NOI: $182K Cap Rate: 8.35% on current income Price/SF: ~$115 (below recent $128/SF sales) Attractive combination of secure long-term tenancy (MCCS) and value-add upside through rent resets, vacancy lease-up, and potential stabilization above $2M.