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$580,000
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Property Description
Mixed-use investment property with value-add potential. Currently consisting of 7 commercial office units and 2 residential apartments. Large 2nd floor residential 3 bedroom, 1.5 bath unit and recently updated 1 bedroom, 1 bath unit, below market rents. Quiet building, very easy to manage. 2,514 SF of currently vacant medical office space ideal for owner-user or new tenant. Updated mechanical systems. Large on-site paved parking lot. Excellent opportunity for investor or owner-user.
Full Property Details
Full Property Details for 12 Spruce St
General
- Sold For: $580,000
- Status: Closed
- Type: Commercial
- Source: MREIS
- MLS ID: 1597012
- Added to Site: 535 day(s) ago
Business
- Business Type: Office Building
Parking
- Parking Features: 21 or More Spaces, On-Site Parking
Location
- County: Kennebec
Structural Information
- Stories/Levels: 3
- Building Size: 8456
- Square Feet: 8,456
- Living Area: 8,456 Sq. Ft.
- Year Built: 1835
Lot Features
- Lot Size (Acres): 0.5
- Lot Size (Sq. Ft.): 21,780
- Zoning: BP
Disclosures and Reports
- Lot Number: 150
Listed by J T Leahy Real Estate (207) 939-8366
Sold by Rizzo Mattson (207) 622-9000
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Schools
Schools serving 12 Spruce St
School District:Augusta
| Name | Grades | Distance |
|---|---|---|
Cony Middle School 60 Pierce Drive, Augusta, ME 04330 | 7-8 | 1 mi |
Cony Middle and High School 60 Pierce Drive, Augusta, ME 04330 | 9-12 | 1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 12 Spruce St
Date
Details
Price
Change
Source
1/31/2025
Sold
$580,000
-7.2%
MLS
8/15/2024
Price Reduced
$625,000
-7.41%
MLS
7/30/2024
Price Reduced
$675,000
-6.9%
MLS
7/16/2024
Listed
$725,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
12 Spruce Street, Augusta, ME 04330 (MLS# 1597012) is a Commercial property that was sold at $580,000 on January 31, 2025. Want to learn more about 12 Spruce Street? Do you have questions about finding other Commercial real estate for sale in Augusta? You can browse all Augusta real estate or contact a Coldwell Banker agent to request more information.

