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    29 Hampshire St Auburn, ME 04210

    Sponsored
    For Sale
    $595,000

    Mixed-use office building, move-in ready.

    Property size:
    16,507 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional commercial property, located at 29 Hampshire Street in Auburn, Maine, presents a compelling investment opportunity. The building, situated in the heart of Auburn's commercial district near the Auburn Riverwalk, offers 16,507 square feet of versatile space across two stories. Currently configured as a mixed-use office building, the property boasts an efficient layout and abundant natural light. Recent renovations include a fully installed sprinkler system and a modern two-stop passenger elevator, enhancing both safety and accessibility. The building's design lends itself to a variety of uses, including potential conversion to residential units, making it an adaptable asset for future owners. The 0.23-acre lot provides ample on-site parking for tenants and visitors. Furthermore, the property benefits from convenient access to municipal water, sewer, and natural gas services. This prime location, combined with its modern amenities and flexible layout, makes 29 Hampshire Street an attractive prospect for businesses, non-profit organizations, or investors seeking a strong return on investment in a thriving Maine community. The building's move-in ready condition minimizes upfront costs and allows for immediate occupancy.

    Property Features for 29 Hampshire St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    16,507 SF
    Lot Size
    10,019 SF

    Building Details

    Year Built
    1925
    Location Intelligence

    Current Use by Public Records

    Creative Works Social Services Organization

    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
    -70.22854
    Latitude
    44.09933

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    FAQs

    What type of property is this?
    Commercial real estate - Mixed-use office building, move-in ready.
    Where is this commercial real estate located?
    The property is located at 29 Hampshire St Auburn, ME.
    What is the asking price?
    The asking price for this property is $595,000.
    (207) 773-7100
    Request Owner's contact information
    29 Hampshire 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
    29 Hampshire St Auburn, ME 04210
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