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    7 Northern Avenue Hts Auburn, ME 04210

    For Sale
    $483,000

    Land - Auburn, ME

    Lot size:
    3.40 Acres
    Days on Market:
    207
    Last Refresh:
    Dec 15 at 8:06 am

    Property Features for 7 Northern Avenue Hts

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    General Business District
    Lot size
    3.40 Acres

    Building Details

    Architectural style
    Other

    Keller Williams Realty Metropolitan (603) 232-8282 [email protected]

    Listing agent Doug Martin (603) 232-8282

    Listing date May 23, 2025

    MLS# 5041317 Listing URL

    Copyright © 2025 PrimeMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Riverfront Land for Residential Development

    This 3.4-acre riverfront property offers an opportunity for residential development of up to 69 units. The property is located within a general business district and features views of the Androscoggin River. Water and sewer access are available at the street. A wetland delineation has been completed. The corner lot allows for 17 units per acre with an additional 20% density bonus. The property can accommodate two four-story multi-unit buildings. Potential features include sunrise views over the river, a rooftop deck, garden and recreation space, a mix of studio, one-bedroom, and two-bedroom units, balconies, and parking surrounding the buildings. Each building can feature two curb cuts, providing access from three different streets. Water and sewer are available on all three adjacent streets. The property is located within walking distance of the North River Road Boat Launch and less than a mile to the Transportation Center and a 10-minute walk to downtown. The land is being subdivided off the mother lot. No riparian water rights.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Dental Office Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Auburn
    County
    Androscoggin
    State
    Maine
    Longitude
    -70.2211183
    Latitude
    44.1119647

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    FAQs

    What type of property is this?
    Commercial land - 3.4-acre riverfront land suitable for up to 69 residential units.
    Where is this commercial land located?
    The property is located at 7 Northern Avenue Hts Auburn, ME.
    What is the asking price?
    The asking price for this property is $483,000.
    What are key features of this property?
    This property features: - Riverfront property with expansive views of the Androscoggin River.; - Development opportunity for up to 69 residential units.; - Desirable general business district zoning with water and sewer access at the street.
    (603) 232-8282
    Request Owner's contact information
    7 Northern Avenue Hts Auburn, ME 04210
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    Auburn, ME 04210
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    7 Northern Avenue Hts Auburn, ME 04210
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