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Commercial Land with Apartment Approval
For Sale
$465,000

1315 Minot Avenue, Auburn, ME 04210

GB2-zoned land along Minot Avenue with planning board approval for residential apartment development.

Property Size613,324 SF
Price / SF$0.76
Days on Market218

Property Features for 1315 Minot Avenue

General Information

Standard status Active
Size 613,324 SF
Property subtype Land
Zoning GB2

Taxes and HOA fees

Annual Taxes $2,347

Amenities

No Driveway
Listing Agency: CENTURY 21 Advantage
Listed By: Roy L'Italien Jr.
Source: Compass
Added: Feb 12 Changed: Sep 17 Last Checked: Sep 16 at 7:23PM

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 CENTURY 21 Advantage

Investment Insights

Based on property information with market context.

This commercial land parcel is located on Minot Avenue in Auburn and carries GB2 zoning. The property includes more than 1,000 feet of road frontage, providing substantial exposure along the corridor.

Auburn’s planning board has approved development for 28 residential apartments. The site is positioned within the General Business 2 district, with additional uses subject to applicable municipal requirements and approvals.

Key Highlights

  • More than 1,000 feet of road frontage on Minot Avenue
  • GB2 zoning in Auburn’s General Business 2 district
  • Planning board approval for 28 residential apartments

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Dental Office HVAC Service Electrical Service Plumbing Service Pharmacy (Bike/Boat/Book/etc) Store

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

27
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Commercial land - GB2-zoned land along Minot Avenue with planning board approval for residential apartment development.
Where is this commercial land located?
The property is located at 1315 Minot Avenue Auburn, ME.
What is the asking price?
The asking price for this property is $465,000.
What are key features of this property?
This property features: More than 1,000 feet of road frontage on Minot Avenue; GB2 zoning in Auburn’s General Business 2 district; Planning board approval for 28 residential apartments
More about this property
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