# 585 Riverside Drive, Augusta, ME 04330

> **TL;DR:** commercial, $949,999 ($635/sqft), built 1930, 1,497 sqft. Est. $4,117/mo.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $949,999 |
| Price/sqft | $635 |
| Square Feet | 1,497 |
| Year Built | 1930 |
| Lot Size | 85,378 sqft (1.96 acres) |
| Property Type | Commercial (Other) |
| Status | For Sale |
| Days on Market | 0 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $4,117 |
| **Total** | **$4,117** |

## Property Highlights

- Built in 1930
- 1.96 acre lot

## Description

### Agent Description
The Owner of Riverside Drive Monuments is retiring! If you are in the monument business, you only need to know the price, inventory and the financials for this 50 year old business before you contact your broker to write up the sale! You already know why this significant business has the potential for growth and is soo profitable. For the rest of you curious enough to read this; if you are in the construction, masonry, or stone trades; or those of you who are savvy investors and buy businesses ... take note, read on, and find more information in the MLS Documents. Like it's monuments, Riverside Drive Monuments has been THE solid monument company serving a 40 mile radius of Central Maine for over 50 years. When families or institutions need monuments, Riverside Monuments immediately comes to mind to call. According to the Industry and analytics, the Monument business is predicting an increase over the next few years. The Monument business has shown that it is one of the most resilient business models in the US. it is considered an 'Essential Service' during Shut-Downs, and Moratoriums, and is a Recession Resistant Business. Riverside is operating as a very 'Tradional Memorial' and lucrative company. They have not done any advertising or marketing of it's services except for some church bulletins. They have not needed to! Think how you might increase revenue with some marketing and the introduction of some new trending products. Interested in more information? Call and let's talk.

## Location

- **Address:** 585 Riverside Drive, Augusta, ME 04330
- **County:** Kennebec

## Listing Agent

- **Name:** Anthony Loiko
- **Brokerage:** Coldwell Banker Realty
- **Phone:** 2072159466
- **Email:** Tony.loiko@cbrealty.com

## Primary Photo

![585 Riverside Drive - Primary Photo](http://lh.rdcpix.com/b839453336cf60249acc109b4ff48b1al-f3017349012r.jpg)

*56 total photos available on [listing page](https://www.propertysimple.com/listing/585-riverside-drive-augusta-me-04330-1659985)*

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**MLS#:** 1659985 | **Updated:** 2026-06-17
**Source:** listhub

*Copyright © 2026 Maine Listings. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/585-riverside-drive-augusta-me-04330-1659985)

---

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