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Holiday Inn Express Augusta 56 Western Ave 84 Room Hotel Augusta, ME 04330 $1,875,000 ($22,321/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 | Construction Status | Proposed |
| Price Per Room | $22,321 | Building Size | 42,000 SF |
| Sale Type | Investment | No. Rooms | 84 |
| Property Type | Hospitality | No. Stories | 4 |
| Property Subtype | Hotel | Year Built | 2032 |
| Building Class | B | Corridor | Interior |
| Lot Size | 7.95 AC |
| Price | $1,875,000 |
| Price Per Room | $22,321 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 7.95 AC |
| Construction Status | Proposed |
| Building Size | 42,000 SF |
| No. Rooms | 84 |
| No. Stories | 4 |
| Year Built | 2032 |
| Corridor | Interior |
Amenities
- Fitness Center
- High Speed Internet Access
- Public Access Wifi
- Smoke-Free
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 84 | $222.00 | - |
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Fairly walkable
50/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | AUGU-000027-000195 | Improvements Assessment | $91,700 |
| Land Assessment | $1,717,200 | Total Assessment | $1,808,900 |
Property Taxes
Parcel Number
AUGU-000027-000195
Land Assessment
$1,717,200
Improvements Assessment
$91,700
Total Assessment
$1,808,900
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