About This Home

This 0-bedroom, 0-bathroom commercial at 434 Eastern Avenue in Augusta, ME is listed for $495,000 ($135 per sqft). Built in 1930, the home offers 3,658 sqft of living space on a 0.84 acres lot.

Key Features

  • Built in 1930
  • 0.84 acre lot

Property Details

1930

Amenities

A/C
Listing Description

Located along busy Route 17, this versatile commercial property presents an excellent opportunity for an owner-operator or investor. Currently home to the Countryside Diner, this well maintained building features a 2,769+/- SF restaurant with seating for approximately 60 guests, ramp access, and all furniture, fixtures, and equipment included in the sale price.

Buyers may continue the existing restaurant use or explore reconfiguring the space for another commercial use. The property has received numerous improvements, including new insulation and smooth, flat ceilings throughout the entire building. Additional restaurant updates include new flooring in the customer areas and bakery, tiled kitchen and dishwashing areas, new kitchen walls, fresh paint, and updated wall coverings.

An 889+/- SF, 2-BR apartment is located on the second floor, providing additional income. The apartment includes a recently replaced refrigerator and washer and dryer. It is currently occupied by a long-term tenant whom the seller would prefer to remain.

Monthly Cost Estimate

$2,647/mo

20% down · 6.5% · 30 years

Principal$358
Interest$2,145
Insurance$144

Estimates only. Actual payments may vary.

Location

434 Eastern Avenue

Augusta, ME 04330

Property Details

Construction

Wood Frame Vinyl Siding

Heating

Natural GasForced Air

Cooling

Central Air

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 434 Eastern Avenue is listed at $495,000 ($135/sqft). The estimated monthly payment is $2,647 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1930, 0.84 acre lot.

This property is listed by Dennis Wheelock and can be reached at 2072425588.

DW

Dennis Wheelock

Agent at Keller Williams Realty

(207) 242-5588

Listed by Keller Williams Realty

MLS# 1674338· Source: listhub· Listed today

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434 Eastern Avenue, Augusta, ME 04330

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