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$927,000
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Property 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.
Full Property Details
Full Property Details for 585 Riverside Dr
General
- Sold For: $927,000
- Taxes: $3,899 (2025)
- Status: Closed
- Type: Commercial
- Source: MREIS
- MLS ID: 1659985
- Added to Site: 138 day(s) ago
Business
- Business Type: Commercial, Other
Parking
- Parking Features: 21 or More Spaces, On-Site Parking, Paved, Gravel
Location
- County: Kennebec
Utilities
- Sewer: Private Sewer, Septic Tank
- Water: Public
Structural Information
- Construction: Shingle Siding, Vinyl Siding
- Roof: Metal
- Square Feet: 1,497
- Year Built: 1930
Lot Features
- Lot Size (Acres): 1.96
- Lot Size (Sq. Ft.): 85,377.6
- Zoning: PD2
Financial Considerations
- Tax Amount: $3,899
- Tax Year: 2025
Disclosures and Reports
- Lot Number: 14, 17
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Schools
Schools serving 585 Riverside Dr
School District:Augusta
| Name | Grades | Distance |
|---|---|---|
Lillian Parks Hussey School 12 Gedney Street, Augusta, ME 04330 | K-6 | 2.3 mi |
Cony Middle School 60 Pierce Drive, Augusta, ME 04330 | 7-8 | 2.7 mi |
Cony Middle and High School 60 Pierce Drive, Augusta, ME 04330 | 9-12 | 2.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 585 Riverside Dr
Date
Details
Price
Change
Source
8/18/2026
Sold
$927,000
-2.42%
MLS
4/30/2026
Listed
$949,999
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
585 Riverside Drive, Augusta, ME 04330 (MLS# 1659985) is a Commercial property that was sold at $927,000 on August 18, 2026. This property was listed by Tony Loiko from our Augusta Office.Want to learn more about 585 Riverside Drive? 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.


