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Investment Highlights
- High demand East Side location
- 2 distinct buildings on one prime property, delivering strong income, flexibility and long-term security.
- Proximity to downtown, professional services and neighborhood amenities further enhances long-term value and tenant appeal
Executive Summary
2 Bangor Street and 7 Noyes Street. This east side Augusta commercial offering includes two distinct buildings on one prime property, delivering strong income, flexibility, and long-term security in a highly sought-after location. 2 Bangor Street is a substantial approximately 8,729 square foot commercial building spanning three fully utilized levels, including the basement. All floors are fully rented, providing immediate cash flow for an investor. This building is a mix of office and retail space. In the past, it has been used as medical space and a large print shop. An elevator services all levels, ensuring ease of access and enhancing usability for a wide range of commercial tenants. The building's layout supports professional offices, creative workspace, or mixed commercial uses, making it a stable and versatile asset. 7 Noyes Street is a 2,200+/- square foot, two-story building with separate entrances for each level, offering excellent flexibility. The configuration allows for potential division into two individual units, creating an opportunity to increase income or tailor the space to specific tenant needs.. This building is ideal for small offices, studio space, or owner-occupancy with rental income above or below. Together, these buildings create a rare multi-structure commercial investment in a high-demand East Side location - ideal for investors seeking diversification, owner-users looking for flexibility, or those interested in repositioning or expanding income potential. Proximity to downtown, professional services, and neighborhood amenities further enhances long-term value and tenant appeal. A compelling opportunity to acquire a well-located, income-producing commercial property with multiple paths for growth.
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
10,786 SF
Building Class
B
Year Built
1926
Price
$599,000
Price Per SF
$55.53
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
5,393 SF
Slab To Slab
9’
Building FAR
1.03
Lot Size
0.24 AC
Zoning
KBD2
Parking
15 Spaces (1.39 Spaces per 1,000 SF Leased)
1 1
Walk Score®
Very Walkable (75)
Property Taxes
| Parcel Number | AUGU-000038-000207 | Improvements Assessment | $307,700 |
| Land Assessment | $163,800 | Total Assessment | $471,500 |
Property Taxes
Parcel Number
AUGU-000038-000207
Land Assessment
$163,800
Improvements Assessment
$307,700
Total Assessment
$471,500
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7 Noyes Street Pl
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