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16 E Chestnut St
Augusta, ME 04330
Office Property For Sale
INVESTMENT HIGHLIGHTS
- A historic landmark in Augusta, blends timeless elegance with modern versatility
- Private consultation rooms
EXECUTIVE SUMMARY
The Algernon Bangs House, a historic landmark in Augusta, blends timeless elegance with modern versatility. Built in 1892, this meticulously preserved Queen Anne style property boasts intricate craftsmanship, original detailing, and striking period architecture. Its inclusion on the National Register of Historic Places underscores its cultural and architectural significance. Currently adapted as a medical office building, the property features private consultation rooms, a spacious reception area, and administrative spaces, while retaining its historical integrity with ornate facade, period moldings, and custom windows. The second and third floors both have bathrooms and were previously used as apartments before the second floor was converted to its current office use. The central location in the capital city offers excellent visibility and accessibility with a large paved parking area including space for 12-14 cars. There is direct access from outside to the basement level which could be converted to additional finished space if needed or continue as convenient dry storage space. This classic property is located on a corner lot with frontage on both East Chestnut and St. Catherine in the BP zone, which allows for a number of uses with many more possible upon planning board approval. This location presents a unique investment opportunity, ideal for continued professional office use, community engagement, or residential restoration making it both a tangible piece of history and a versatile asset for the future. Property will convey vacant with no tenant.
PROPERTY FACTS Under Contract
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
5,725 SF
Building Class
B
Year Built
1906
Price
$299,000
Price Per SF
$52.23
Tenancy
Single
Building Height
3 Stories
Typical Floor Size
1,908 SF
Building FAR
0.47
Lot Size
0.28 AC
Zoning
BP
PROPERTY TAXES
| Parcel Number | AUGU-000038-000138 | Improvements Assessment | $207,200 |
| Land Assessment | $69,700 | Total Assessment | $276,900 |
PROPERTY TAXES
Parcel Number
AUGU-000038-000138
Land Assessment
$69,700
Improvements Assessment
$207,200
Total Assessment
$276,900
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