Exceptionally Rare Income Opportunity! This 4 Unit Multi use property includes 2 spacious residential 2 bedroom units as well as a Large 2 story Retail Space in the front totaling over 2400 sg ft. The back building is is a commercial warehouse with a newer loading dock which also includes a pick up truck loading bay. All 3 buildings are situated on 1.15 acres. All units are currently leased to long term tenants. Bonus Garage for additional storage. Highly Motivated Seller.
Multi-familyProperty Type
1940Year Built
1.15 acresLot Size
$67Est. Price/Sq.Ft.
2 garage spacesParking
Listed by Jennifer Sumrall• Keller Williams Realty
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Permits
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
1.15 Acres
Year renovated
—
Sq. Ft.
—
Year built
—
Style
Other
County
Kennebec County
APN
701785
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
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Last updated by owner on Jul 27, 2026.
May 2, 2024 • Active
Additions/alterations
Addition
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Parking Information
Has Garage
# of Garage Spaces: 2
Parking Features: Gravel, Paved, 21+ Spaces, On Site
Vehicle Storage: 2 Car
Interior
Bathroom Information
# of Baths (Full): 2
Basement Information
Basement Entry: Interior, Daylight, Finished, Full
Interior Features
Flooring: Concrete, Wood
Exterior
Building Information
Construction Materials: Wood Frame, Concrete, Metal Clad, Wood Siding
Foundation Details: Block, Brick/Mortar
Roof: Flat, Membrane, Rolled/Hot Mop, Shingle
Structure Type: Post & Beam
Total Building Area (Sq. Ft.): 8,000
Property Information
Year Built: 1940
Above-Grade Finished Area (Sq. Ft.): 8,000
Levels: Multi-Level
Lot Information
Lot Size (Sq. Ft.): $50,094
Lot Size (Acres): 1.15
Lot Size Source: Public Records
Lot Features: Open, Level, Near Shopping, Near Turnpike/Interstate, Near Town
Road Surface Type: Paved
Zoning: Commercial
Financial
Tax Information
Annual Tax Amount: $4,296
Tax Year: 2022
Utilities
Utility Information
Has Heating
Heating: Baseboard, Blowers, Hot Water, Zoned
Electric: Circuit Breakers
Sewer: Private Sewer, Septic Tank
Utilities: Utilities On
Utilities On: Yes
Water Source: Public
Water Heater: Electric
Location
Multi-Unit Information
# of Units Total: 2
# of 2 Bedroom Units: 2
Operating Expense: $16,790
Gross Income: $53,200
Unit 1 Information
# of Bedrooms: 2
Actual Rent: $963
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Has Heat: Yes
Level: First
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 2 Information
# of Bedrooms: 2
Actual Rent: $963
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Has Heat: Yes
Level: Second
Refrigerator: Yes
Sewer: Yes
Water: Yes
Location Information
Unparsed Address: 558 Riverside Drive, Augusta, ME 04330
Directions: GPS Friendly
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: 1.15 acres
Style: Other
Year Built: —
Year Renovated: —
County: Kennebec County
APN: 701785
Home facts updated by county records on Jul 27, 2026
Around this home
Schools
Sylvio J Gilbert School
Public PreK-6 • Assigned • 2.2mi
4/10
Cony Middle School
Public 7-8 • Assigned • 2.6mi
3/10
Cony High School
Public 9-12 • Assigned • 2.6mi
4/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Historical weather
Augusta, ME • 04330
Average low and high temperatures (°F)
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Sun exposure
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Estimated sale price
$511,000 – $618,000
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