Price Reduced


Office for Sale for Lease
College Place
32 College Ave, Waterville ME 04901
Waterville/Augusta submarket -
Propid: 3665-1
Last Update: 1/28/2008

General Information
Tenants Maine General Medical Ctr, Parsifal Corp, Other med professionals
RE Taxes $22,820
Zoning Commercial
Access from either Main Street or College Ave
County Kennebec
Bldg site size 37,462 sf

Sale Information
Building Size 23,000 sf
Price $879,000
Price $39.96 / sf

Lease Information
Lease Rate $9.50
Expenses $3.25
Total Avail SF 798
Max Contig. SF 798
Min Avail. SF 798
Building Size 23,000 sf

Office Type Under 6 Stories Medical
YOC 1904
Elevators 1
Off. Class A
Parking Ample paved on site
Floor Plate SF 8,000
Floors 3
Constr. Type Brick
Heat/AC Central
Sprinklers Yes

Property Description
Price Reduced by $100K on 18 out of 19 office condo's held for investment in this historical building which formerly was part of Colby College. The building was rehabbed in the mid-late 80's and converted to professional office condo's. History of medical professional office use although can be any type of professional office use. Great on site parking, elevator access to all three floors, and centrally located for convenience to all of Mid-Maine and I-95. See attached prospectus for more info and 5 years of financials available for buyer's review.

exterior rear
Building Exterior

Available Space
Floor Suite SF $/sf Expenses Comment Avail
3 303 798 9.5 3.25 4 priv offices, waiting, bus area

Gregg S. Perkins
Phone: 207-873-0751
Fax: 207-873-0799
Affiliated Realty
CyberCibor Member