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56-60 Western Ave 135 Room Hotel Augusta, ME 04330 $1,875,000 ($13,889/Room)
Executive Summary
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
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
Property Facts
| Price | $1,875,000 | Lot Size | 7.95 AC |
| Price Per Room | $13,889 | Construction Status | Proposed |
| Sale Type | Investment | Building Size | 30,000 SF |
| Property Type | Hospitality | No. Rooms | 135 |
| Property Subtype | Hotel | No. Stories | 5 |
| Building Class | A | ||
| Zoning | CZLBD - Contract Zoned Local Business District | ||
| Price | $1,875,000 |
| Price Per Room | $13,889 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | A |
| Lot Size | 7.95 AC |
| Construction Status | Proposed |
| Building Size | 30,000 SF |
| No. Rooms | 135 |
| No. Stories | 5 |
| Zoning | CZLBD - Contract Zoned Local Business District |
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 135 | - | - |
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Fairly walkable
50/100
Exceptionally drivable
90/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | AUBN-000229-000000-000030 | Improvements Assessment | $137,600 |
| Land Assessment | $42,800 | Total Assessment | $180,400 |
Property Taxes
Parcel Number
AUBN-000229-000000-000030
Land Assessment
$42,800
Improvements Assessment
$137,600
Total Assessment
$180,400
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