82 Water St

13,700 Sq. Ft.
$36 / Sq. Ft.
13,700
Sq. Ft.
$36
per Sq. Ft.

Description

Calling all investors and developers! This property is positioned in the heart of Augusta's Historic District. This distinctive mixed-use property overlooks the scenic Kennebec River at the north end of Water Street. Current code allows for Residential use on the top floor, with commercial on the ground floor. Located within one of the city's key revitalization areas, the property represents a rare redevelopment and investment opportunity in Maine's capital city, where few comparable properties exist....Calling all investors and developers! This property is positioned in the heart of Augusta's Historic District. This distinctive mixed-use property overlooks the scenic Kennebec River at the north end of Water Street. Current code allows for Residential use on the top floor, with commercial on the ground floor. Located within one of the city's key revitalization areas, the property represents a rare redevelopment and investment opportunity in Maine's capital city, where few comparable properties exist. The building use is a mix of commercial and residential space. The surrounding downtown continues to experience renewed energy and investment, highlighted by the ongoing restoration of the historic Colonial Theater just down the street -- a landmark project expected to further strengthen the area's cultural and economic growth. The current owner has made extensive improvements to the building, including new plumbing, electrical systems, framing, and new natural gas heating system, creating a strong foundation for future use. The south portion of the building spans 3 stories including an expansive open basement. The north side of the building has two stories of additional space, allowing for additional future upgrades. Whether envisioned for commercial, or mixed-use, this property offers exceptional potential and possibilities. Recommended that interested parties practice due diligence and contact the City of Augusta regarding commercial/residential potential uses of the property, and all building codes in the City of Augusta.
  1. Listed by Jane Montgomery • Rizzo Mattson
    P: (206)-200-0525 C: (206)-200-0525 jane@rizzomattson.com

Property Details for 82 Water Street

Architectural Style
Other
Furnished
Unfurnished
Subdivision Name
No
Has Waterfront
No
Waterfront Features
Nearby, Public, River/Brook/Stream
Zoning
commercial mixed use
LISTING UPDATED: 06/12/2026 12:37 PM

Property Details for 82 Water Street

StatusActive
MLS #1665089
Days on Market23
Taxes$2,874 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1885
Lot Size0.14 AC / 6,098 SF
CountyKennebec County

Location

Listing Courtesy of Rizzo Mattson
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Building Information for 82 Water Street

Stories-Year Built1885Building Size-Lot Size0.14 AC / 6,098 SF

Payment Calculator

$2,731 per month

30 year fixed, 6.36% Interest

Principal and Interest

$2,492

Property Taxes

$240

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 82 Water Street

Summary
Location and General Information
  • Page: 140
  • Directions: From I 95 North take exit 109 onto US-202, SR11 towards Augusta, keep right onto US 202East Toward Augusta, At the roundabout, take the third exit onto Water Street, go 0.7 mile and the property in on your left. It is between two other buildings.
  • Latitude: 44.318875
  • Longitude: -$69.77
  • Transportation: Major Road Access, Near Airport
  • Water Body Type: River
  • Water Body Name: Kennebec River
Taxes and HOA
  • Association: No
  • Parcel Number: AUGU-000034-000084
  • Tax Lot: 84
  • Tax Book Number: 15030
  • Tax Map Number: 34
  • Tax Year: 2025
  • Tax Annual Amount: $2,874.00
Parking
  • Has Attached Garage: No
  • Has Garage: No
Property
Lot Information
  • Lot Features: Business District, Historic District, Intown, Near Shopping, Near Turnpike/Interstate, Near Town, Level, Sidewalks
  • Lot Size Acres: 0.14
  • Lot Size Area: 0.14
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 6098.4
  • Lot Size Units: Acres
  • Other Source of Square Footage: building measurements
  • Roads: Paved, Public
  • Road Surface Type: Paved
  • Road Frontage: 76.0
Property and Assessments
  • Above Grade Finished Area: 10400.0
  • Below Grade Finished Area: 3300.0
  • Building Area Source: Public Records
  • Building Area Total: 13700.0
  • Property Sub Type: Single Family Residence
  • Restrictions: No Restrictions
  • Year Built: 1885
Building Features
  • Levels: Multi-Level
  • Foundation Details: Poured Concrete
Financial Information
  • List Price/SqFt: $48.08
Green Features
  • Green Energy Efficient: 90% Efficient Furnace, HVAC
Utilities
  • Electric: Circuit Breakers
  • Gas: Natural - On Site
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities On: No
Interior and Exterior Features
Exterior Features
  • Roof: Flat, Membrane
Interior Features
  • Accessibility Features: 48+ Inch Halls
  • Bathrooms Full: 8
  • Bathrooms Total Decimal: 8.0
  • Bathrooms Total Integer: 8
  • Bedrooms Total: 3
  • # Full Baths Level 1: 4
  • # Full Baths Level 2: 4
  • Rooms Total: 10
  • Basement: Interior Entry, Full, Unfinished
  • Has Fireplace: No
  • Cooling: Central Air
  • Has Cooling: Yes
  • Has Heating: Yes
  • Flooring: Wood
  • Interior Features: One-Floor Living, Primary Bedroom w/Bath
Room Information
Bedroom 1
  • Bedroom 1: Bedroom 1
  • Bedroom 1 Level: Second
Bedroom 2
  • Bedroom 2: Bedroom 2
  • Bedroom 2 Level: Second
Bedroom 3
  • Bedroom 3: Bedroom 3
  • Bedroom 3 Level: Second
Kitchen
  • Kitchen: Kitchen
  • Kitchen Level: Second
Living Room
  • Living Room: Living Room
  • Living Room Level: Second
Other Room 1
  • Other Room 1: Other Room 1
  • Other Room 1 Level: First
Other Room 2
  • Other Room 2: Other Room 2
  • Other Room 2 Level: First
Other Room 3
  • Other Room 3: Other Room 3
  • Other Room 3 Level: First
Other Room 4
  • Other Room 4: Other Room 4
  • Other Room 4 Level: First
Rental
Rent Information
  • Land Lease: No
  • Pets Allowed: No Restrictions

Property History for 82 Water Street

DateEvent & SourcePriceAppreciation
Jun 2, 2026

Listed (Active)

Maine Listings #1665089

$500,000
Apr 19, 2024

Sold (Public Record)

Public Record #1531043628

$90,000

-1.9% / yr

Apr 25, 2011

Sold (Public Record)

Public Record #1182274317

$115,000
DateEvent & SourcePrice
06/02/2026

Listed (Active)

Maine Listings #1665089

$500,000
04/19/2024

Sold (Public Record)

Public Record #1531043628

$90,000

-1.9% / yr

04/25/2011

Sold (Public Record)

Public Record #1182274317

$115,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 82 Water Street

Taxable ValueLand$53,100Additions$64,700Total$117,800
Tax Record2025$2,874 ($240 / month)
Home Facts
Baths2Total Finished SqFt8,134 SqFtAbove Grade Finished SqFt8,134 SqFtUnfinished Basement SqFt2,907 SqFtStories2Lot Size6,098 SqFtStyleMiscellaneous CommercialYear Built1885CountyKENNEBECAPNAUGU M:00034 B:00084 L:00000

Schools near 82 Water Street

This home is within Augusta Public Schools.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - K to 6
Rating
School
Distance
Lillian Parks Hussey School
PublicK to 6

Cony Middle School
Public7 to 8

Cony
Public9 to 12

Lincoln School
PublicK to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

82 Water Street is a single family home for sale in Augusta, ME 04330. This property was listed for sale on June 2, 2026 by Rizzo Mattson, it's currently listed at $500,000. It has been on the market for a total of 23 days and was last sold on April 19, 2024. This listing's school district is Augusta Public Schools. Nearby schools include Lillian Parks Hussey School, Cony Middle School and Cony. 82 Water Street is a 3-bed, 8-bath, 13,700 sqft single family home built in 1885.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Rizzo Mattson

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2026 Maine Real Estate Information System, Inc. All Rights Reserved.