57 Oxford Street, Augusta, ME 04330
sale
$2,757,000
|
Other
Courtesy Of OwnerEntry.com
396 Washington St, Wellesley Hills, MA 02481
The property includes a two-unit farmhouse as a residential rental. The main feature is an existing Bank Barn with a 3,000 sq. ft. footprint per level above the full basement/garage with concrete floor. This three-story framed space offers significant cubic footage and loft levels, providing the potential to build out an average of six or more additional 1,500 sq. ft. residential units. All utilities can be housed in the expansive garage/basement space to service the new units. Due to shifting market conditions, local contractor availability post-COVID-19, and personal physical limitations, the current owner has decided to pass this concept on to a new developer or builder rather than completing the project themselves. This property represents a major opportunity for various development concepts: such as senior housing, a tiny home community, assisted living, low-income housing, or a boarding home, as well as 100+ market rate units OR over 400 low income units, per the Augusta zoning allowances, as the property is in a high density residential development district. Potential buyers are encouraged to explore the various state and local assistance programs for which this project may qualify. Buy both lots @ the listed/asking price, or buy just one of either separately deeded lot for $1,557,000.00
Read More About This Property
Read Less About This Property
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. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Property Features
- Age: Over 50 Years Old
- MLSID: 1672757
Data powered by Attom Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
