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City-Owned Development Land
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15 Academy St, Auburn, ME 04210

City-owned development site offering just over 1 acre for mixed-use development opportunities.

Property SizeContact for details
Lot Size1.11 Acres
Days on Market141

Property Features for 15 Academy St

General Information

Standard status Active
Lot size 1.11 Acres
Property subtype Land
Listing Agency: The Boulos Company Portland
Listed By: Chris Paszyc · License #ME BR913433
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 22 at 8:34AM

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 The Boulos Company Portland

Investment Insights

Based on property information with market context.

A city-owned development site totaling 1.11± acres, offered for sale. The property is presented as suitable for mixed-use development.

The Auburn City Council has allocated $1 million toward downtown redevelopment projects, with potential credit enhancement support for projects that create at least $2 million in assessable value within the district. Up to $250,000 per project may be available to assist with substantial development, and pricing is noted as negotiable for the right project.

This listing is structured around the availability of these downtown redevelopment resources and the site’s mixed-use development direction.

Key Highlights

  • 1.11± acre city‑owned development site
  • Suitable for mixed‑use development
  • Development credit enhancement may be available for projects creating at least $2 million in assessable value within the district

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Locksmith Garden Center Catering Service (Bike/Boat/Book/etc) Store Florist Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,483
Businesses Nearby

Demographics for 04210, ME

24,061
Population
11,113
Households
2.2
Avg Household Size
42
Median Age
29%
College-Educated
92%
High-School Grad
59.3 sq mi
ZIP Area
406
Density / Sq Mi
$66,552
Median Household Income
$42,624
Median Earnings
$983
Median Rent
$254,600
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - City-owned development site offering just over 1 acre for mixed-use development opportunities.
Where is this commercial land located?
The property is located at 15 Academy St Auburn, ME.
What are key features of this property?
This property features: 1.11± acre city‑owned development site; Suitable for mixed‑use development; Development credit enhancement may be available for projects creating at least $2 million in assessable value within the district
More about this property
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