16 E Chestnut Street, Augusta, ME 04330 (MLS # 1646302)

PRICE $299,000 BEDS 2 BATHS 4 HOME SIZE 3,436 sqft LOT SIZE 12,197 sqft Request More Info Schedule a Showing

The Algernon Bangs House, a historic landmark in Augusta, blends timeless elegance with modern versatility. Built in 1892, this meticulously preserved Queen Anne style property boasts intricate craftsmanship, original detailing, and striking period architecture. Its inclusion on the National Register of Historic Places underscores its cultural and architectural significance. Currently adapted as a medical office building, the home is approved to be turned back into residential use and is being offered at a steep discount considering the amount of space to allow for such a change. Retaining its historical integrity with ornate facade, period moldings, and custom windows set this property apart as a real show stopper! The second and third floors both have bathrooms and were previously used as apartments before the second floor was converted to its current office use. The central location in the capital city offers excellent visibility and accessibility with a large paved parking area including space for 12-14 cars. There is direct access from outside to the basement level which could be converted to additional finished space if needed or continue as convenient dry storage space. This classic property is located on a corner lot with frontage on both East Chestnut and St. Catherine in the BP zone, which allows for a number of uses with many more possible upon planning board approval. This location presents a unique investment opportunity, ideal for continued professional office use, residential restoration or a combination of both - making it both a tangible piece of history and a versatile asset for the future. Property will convey vacant with no tenant and placement on the national register does not prevent changes being made to the building.