15 Academy St Auburn, ME 04210

Listing agency The Boulos Company Portland

Listed by Chris Paszyc · License #ME BR913433

Source Crexi

Added: Apr 11 Updated: Jul 20 at 7:01PM Checked: Jul 21 at 6:00AM

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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

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FAQs

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