56 Western Ave - Hospitality FOR SALE


Augusta, ME 04330
$1,875,000 USD
207-939-4147
56 Western Ave, Augusta, ME for Sale
$1,875,000 USD
Hospitality - FOR SALE
1/4
null | Request Cap Rate

56 Western Ave
Augusta, ME 04330


OVERVIEW

New development at the new Capitol Heights Center – a mixed-use development featuring hospitality, housing, medical, and retail space Retail/office/medical suites available ranging from 2,000-65,000± SF 135-key hotel development site Pad-ready development sites available for sale or lease Located on busy Western Ave, featuring traffic counts of 21,337 AADT, and just steps to the Maine State Capitol Building and ancillary state agencies See broker for availability & pricing details

FOR SALE DETAILS

PRICE

$1,875,000 USD

PRICE/SF

$45 USD /SF

# OF ROOMS

84

PRICE/ROOM

$22,321 {currency}

CAP RATE

Request Cap Rate

STATUS

Proposed

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Permitted & Approved Hotel Development Site

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

4

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

2032

PARKING SPACES

-

LAND DETAILS

LAND ACRES

7.95 AC

LAND SF

346,302 SF

ZONING

-

APN/PARCEL ID

AUBN-000229-000000-000030,AUGU-000027-000195

ASK ABOUT THIS PROPERTY

Christopher PaszycThe Boulos CompanyMore Info
207-939-4147

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Christopher PaszycThe Boulos CompanyMore Info
207-939-4147

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.