705 + 707 Maine Avenue, Farmingdale, ME 04344

$425,000
Property Type: Multi-Family Baths: 2 Square Footage: 2,042 Lot Size (sq. ft.): 217,800 Status: Active
Current Price: $425,000 List Date: 12/08/2025 Last Modified: 12/10/2025

Description

Opportunities like this are increasingly rare on Maine Avenue. Situated on 5 elevated acres overlooking the Kennebec River, this property features two buildings and exceptional flexibility for commercial, mixed-use, or residential investment. The rear structure (707 Maine Ave) is currently configured as a 1-bedroom, 1-bath apartment and can be adapted for a variety of uses—including office space, a rental unit, or conversion into a two-car garage with workspace or commercial space above. The main building (705 Maine Ave) offers a 3-bedroom, 1-bath layout that could serve as office headquarters, staff housing, or redevelopment into a commercial or multi-unit income property. The expansive grounds include a large open yard with direct access to the Kennebec River Rail Trail, a popular walking and biking route that links Augusta to Gardiner—an attractive amenity for employees, tenants, or customers. With high visibility, ample land, and multiple structures, this property is ideal for commercial operations, a multi-family investment, or an owner-user seeking on-site workspace with additional rental income potential. Boundary lines in aerial images are approximate.

Supplements: ********

More Information MLS# 1645878

Location Information

Book: 4829 Leased Land: No Page: 109 Map: 32 Lot: 30 Zoning Overlay: Unknown Association: No Tree Growth Y/N: No Street #: 705 + 707 Street Name: Maine Street Type: Avenue County: Kennebec Town: Farmingdale State/Province: ME Zip Code: 04344 Zip +4: 1538 Zoning: Residential Full Tax Amount $: 4591 Tax Year: 24 Geo Lat: 44.266227 Geo Lon: -69.785049

Property Information

Surveyed: Unknown Seasonal: No Owner Occupied: No Number of Units: 2 Deed/Conveyance Type Offered: Personal Rep Lot Size Acres +/-: 5 Total Baths: 2 Total Half Baths: 0 Road Frontage: Yes Road Frontage +/-: 306 Source of Road Frontage: Public Records SqFt Finished Above Grade: 1717 SqFt Finished Below Grade: 325 SqFt Source: Other Other Source of Square Footage: estimated Furniture: Unfurnished Garage: Yes Garage Spaces: 1 Total Full Baths: 2 Year Built: 1900 SqFt Finished Total: 2042 Source of Acreage: Public Records

Site

Level: 1 Open: 1

Location

Intown: 1 Near Shopping: 1

Roads

Public: 1

Water Info

Water Frontage: No Water View: No

Style

Cape Cod: 1

Construction

Wood Frame: 1

Basement

Daylight: 1 Full: 1 Unfinished: 1 Walk-Out Access: 1

View

Trees/Woods: 1

Foundation Materials

Poured Concrete: 1

Exterior

Aluminum Siding: 1 Wood Siding: 1

Roof

Shingle: 1

Heat System

Baseboard: 1 Forced Air: 1

Heat Fuel

Oil: 1

Income & Expenses

Gross Income: 0 Operating Expenses: 0

Cooling

None: 1

Floors

Carpet: 1 Other: 1 Vinyl: 1 Wood: 1

Units

# of 1 BD Units: 1 # of 3 BD Units: 1

Parking

5 - 10 Spaces: 1

Unit 1

Lease: No Level: First Security Deposit: No Monthly Rent: 0 # Full Baths: 1 # of Rooms: 6 # of Bedrooms: 3 Dedicated Electric Meter: Yes Dedicated Gas Meter: No Dedicated Water Heater: Yes Electric: No Heat: No Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Electric

Circuit Breakers: 1 Fuses: 1

Unit 2

Lease: No Level: Second Security Deposit: No Monthly Rent: 0 # Full Baths: 1 # of Rooms: 3 # of Bedrooms: 1 Dedicated Electric Meter: Yes Dedicated Gas Meter: No Dedicated Water Heater: Yes Electric: No Heat: No Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Utilities

Utilities On: Yes

Gas

No Gas: 1

Sewer

Private Sewer: 1

Water

Public: 1

Driveway

Gravel: 1 Paved: 1

Basement Entry

Interior: 1

Water Heater

Electric: 1 Off Heating System: 1

Vehicle Storage

1 Car: 1 Underground: 1

Contract Information

Status: Active Original List Price: 425000 List Price: $425,000 Current Price: $425,000

Property Features

Site: Level; Open Location: Intown; Near Shopping Roads: Public View: Trees/Woods Style: Cape Cod Construction: Wood Frame Basement: Daylight; Full; Unfinished; Walk-Out Access Basement Entry: Interior Foundation Materials: Poured Concrete Exterior: Aluminum Siding; Wood Siding Roof: Shingle Heat System: Baseboard; Forced Air Heat Fuel: Oil Water Heater: Electric; Off Heating System Cooling: None Floors: Carpet; Other; Vinyl; Wood Driveway: Gravel; Paved Parking: 5 - 10 Spaces Vehicle Storage: 1 Car; Underground Electric: Circuit Breakers; Fuses Gas: No Gas Sewer: Private Sewer Water: Public
Listing Office: Sprague & Curtis Real Estate
IDX
Last Updated: December - 10 - 2025
Broker Attribution: tyler@spragueandcurtis.com

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