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    22 Mill St Auburn, ME 04210

    For Sale
    $450,000

    Thriving business, prime location, high returns.

    Property size:
    2,028 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    307
    This exceptional opportunity presents a well-established seafood market in Auburn, ME, boasting a rich 75+ year history. Located at 22 Mill Street, this 2,028 square foot commercial property sits on a 0.1-acre lot in a high-traffic area. The business model is a proven success, combining fresh retail seafood sales with a popular cooked takeout menu, ensuring a consistent customer base. The sale includes all necessary equipment and tools, making this a truly turnkey operation. The market's long-standing reputation for quality and service provides immediate profitability and significant growth potential. This is a rare chance to acquire a profitable business and a valuable piece of real estate simultaneously. The property offers long-term stability and the potential for expansion, making it an attractive investment for both entrepreneurs and seasoned investors. The asking price is $450,000. This is a unique opportunity to own a cornerstone of the Auburn community and capitalize on its established success and prime location. Serious inquiries are encouraged.

    Property Features for 22 Mill St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    2,028 SF
    Lot Size
    4,356 SF

    Building Details

    Year Built
    1975
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Always Fresh La ... Takeout Restaurant

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply 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
    -70.2216
    Latitude
    44.0873

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    FAQs

    What type of property is this?
    Commercial real estate - Thriving business, prime location, high returns.
    Where is this commercial real estate located?
    The property is located at 22 Mill St Auburn, ME.
    What is the asking price?
    The asking price for this property is $450,000.
    (207) 784-3800
    Request Owner's contact information
    22 Mill St 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
    22 Mill St Auburn, ME 04210
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