Multi-Use Commercial
1110 Minot Avenue Auburn, ME 04210
1110 Minot Avenue, Auburn, ME, 04210
$995,000
For Sale
$995,000
Large commercial building on Minot Avenue, formerly used as a restaurant and brewery.
Property Size10,480 SF
Price / SF$94.94
Days on Market121
Property Features for 1110 Minot Avenue
General Information
- Standard status
- Active
- Size
- 10,480 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1968
Listing Agency
Keller Williams Realty
Listed by
Kevin Fletcher
(603) 433-3350
Source
Greatislandrealty
Added: Mar 18 Checked: Jul 15 at 11:01 pm
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty
Investment Insights
Based on property information with market context.
This expansive 10,480 SF commercial property has previously operated as both a restaurant and a brewery. The building is offered for flexible reuse, with space that can support a range of commercial concepts.
Located on Minot Avenue with approximately 15,660 vehicles per day, the property is positioned for strong exposure. Public transport access is noted, and the area is described as near shopping.
The property is being marketed as a versatile, ready-to-adapt facility for restaurant, retail, brewery, event space, or other uses.
Located on Minot Avenue with approximately 15,660 vehicles per day, the property is positioned for strong exposure. Public transport access is noted, and the area is described as near shopping.
The property is being marketed as a versatile, ready-to-adapt facility for restaurant, retail, brewery, event space, or other uses.
Key Highlights
- 10,480 SF commercial building on Minot Avenue
- Year built: 1968
- Former restaurant and brewery space
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $135.8k | $12.96 |
| − Vacancy | −$23.1k | −$2.20 |
| EGI | $112.7k | $10.76 |
| − OpEx | −$28.2k | −$2.69 |
| NOI | $84.5k | $8.07 |
10,480 SF · lease $12.96/SF/yr · vacancy 17.00% · expense 25.00%
Alternative Uses
Best Use
Industrial
$15.33M
$13.41M – $17.88M
NOI $1,073,000 @ 7.0% cap · market cap 107.84%
Second Best
Retail
$1.57M
$1.37M – $1.83M
NOI $109,600 @ 7.0% cap · market cap 11.02%
Theoretical Best
Warehouse
$18.61M
$16.29M – $21.72M
NOI $1,302,929 @ 7.0% cap · market cap 130.95%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Side By Each
Production Facility
Pinky D's
Restaurant
Similar For Sale Nearby
FAQs
What type of property is this?
Brewery - Large commercial building on Minot Avenue, formerly used as a restaurant and brewery.
Where is this brewery located?
The property is located at 1110 Minot Avenue Auburn, ME.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: 10,480 SF commercial building on Minot Avenue; Year built: 1968; Former restaurant and brewery space
