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Property profile & analytics
OFF-MARKET
Retail space

22 Ml St Auburn, ME 04210-6838

972 SF 0.1 ac lot Built 1975
Individually Owned ~ Est. High Equity
Property ID
US42-0020241
Property summary
AI-generated overview

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 profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1975
Construction FRAME
Total area 972 SF
Lot 0.1 ac (4,356 SF)
APN AUBN M:221 L:154
UPID US42-0020241
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Always Fresh La Rochelle's Restaurant Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Randall W Trefethen
Randall W Trefethen
since 2025
4 recorded transactions
2025
$250,000
2014
Price N/A
2014
Price N/A
2008
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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