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400 Eastern Avenue, Augusta, ME, 04330

--beds
2baths
4,384sqft
$299,000
$68price/sqft
$2,533/moest. monthly cost
$101,320/yrincome needed

About This Home

Opportunity awaits at 400 Eastern Avenue! Formerly used as an American Legion Hall, this spacious property offers approximately 4,384 square feet of flexible interior space situated on a generous 1.62-acre lot. The building features a large open gathering area, kitchen space, multiple rooms and ample on-site parking. Its versatile layout may lend itself to a variety of potential uses, including an event venue, meeting hall, community center, office space or redevelopment opportunity, subject to municipal approval. Conveniently located along Eastern Avenue with easy access to downtown Augusta, local amenities and major routes. Bring your ideas and explore the possibilities this distinctive property has to offer. Property is being sold as-is.

Getting Around

4
WalkingCar-Dependent
0
TransitVery Limited Transit
27
BikeSomewhat Bikeable

Schools

1/10
Farrington SchoolGrades K-60.7 mi
3/10
Cony Middle SchoolGrades 7-81.0 mi
4/10
Cony High SchoolGrades 9-121.0 mi

Construction

Condition

  • Year built: 1972

Materials

  • Roof: Metal
  • Construction materials: Wood Frame,Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Other
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Gas Range

Basement

  • Has basement: Yes
  • Basement: Walk-Out Access,Full

Bedrooms & Bathrooms

  • Bathrooms: 2
  • 1/2 bathrooms: 2

Features

  • Flooring: Vinyl
  • Finished area below ground: 3,600
  • Finished area above ground: 784

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: None

Interior Area

  • Total structure area: 4,384
  • Total interior livable area: 4,384 sqft

Other

  • Level: First

Other

  • Level: First

Other

  • Level: First

Other

  • Level: First

Other

  • Level: First

Other

  • Level: Basement

Other

  • Level: Basement

Other

  • Level: Basement

Other

  • Level: Basement

Property

Details

  • Zoning: RRES

Lot

  • Lot size: 1.62 Acres
  • Features: Near Shopping,Near Turnpike/Interstate,Near Town,Level,Open Lot

Parking

  • Parking features: Paved,21+ Spaces

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Winter Weather
    Winter WeatherVery High
  • Ice Storm
    Ice StormRelatively High
  • Lightning
    LightningRelatively High
  • Hurricane
    HurricaneModerate
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Winter Weather
Ice Storm
Lightning
Hurricane
Inland Flooding
Strong Wind

FEMA Declared Disasters Across Maine Counties

Flood
Hurricane
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,511$18,132
Home Insurance $126$1,512
Property Taxes $259$3,108
Electricity $637$7,647
Total$2,533$30,396

Income You'd Need if You Spent...

35% on housing$86,845/yr
40% on housing$75,990/yr
45% on housing$67,546/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.1%
9.1%
0%30.0%
Electricity Growth Rate10-year average: 7.7%
7.7%
0%15.0%
Property Taxes Growth Rate2-year average: 0.7%
0.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$68This listing

vs Other Active Listings

Avg $/sqft

ZIP 04330$192
Kennebec County$200

vs Homes Sold Last Month

Median $/sqft

ZIP 04330$177
Kennebec County$192

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-07-29Listed for sale$299,000

For Sale by Agent

AgentJeff Decker
BrokerageEXP Realty

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