Office Unit with Elevator
New
For Sale
$499,900
2 Great Falls Plaza, Auburn, ME 04210
Commercial Sale, Auburn, ME
Property Size2,305 SF
Lot Size0.09 Acres
Price / SF$216.88
Days on Market2
Property Features for 2 Great Falls Plaza
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning
T-6
Lot features
Water View, Downtown, Business District
Standard status
Active
Size
2,305 SF
Lot size
0.09 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
5917
HOA Fee
$1,009 Monthly
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Oil
Cooling system
Central Air
Water source
Public
Amenities
on-site USPS location
Building Details
Year built
1986
Number of units
1
Flooring type
Carpet
Building materials
Steel Frame, Concrete
Roof type
Membrane, Flat
Listing Agency:
EXP Realty
(888) 439-8743
Listed By:
Garret Getch
(207) 841-9433
Added: Oct 16
Last Checked: Oct 17 at 8:06PM
MLS# 1684622
Copyright © 2026 Maine Listings. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2,305-square-foot office unit is in a multi-business building constructed in 1986. Interior finishes include carpet, with forced-air oil heat and central air conditioning. The building has steel-frame and concrete construction, a flat membrane roof, and elevator service to upper floors.
The property is zoned T-6 and served by public water and public sewer. A USPS location occupies the ground floor, and designated parking spaces are available, along with additional parking for visitors.
The property is zoned T-6 and served by public water and public sewer. A USPS location occupies the ground floor, and designated parking spaces are available, along with additional parking for visitors.
Key Highlights
- 2,305‑square‑foot office unit
- T‑6 zoning
- Elevator access to upper floors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,350
Cap Rate
7.47%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$747,000
$747.0K
Cap Rate 7%
$533,571
$533.6K
Cap Rate 9%
$415,000
$415.0K
Market Conditions
NOI Build-Up for 2,305 SF
Gross rent
$57.0K $24.72/SF
− Vacancy
−$7.2K −$3.11/SF
EGI
$49.8K $21.61/SF
− OpEx
−$12.5K −$5.40/SF
NOI
$37.4K $16.20/SF
Area
Androscoggin County, ME
Vacancy
12.60%
Lease Rate
$24.72 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$747,000
Cap Rate 7%
$533,571
Cap Rate 9%
$415,000
Alternative Uses
Best Use
Office B
$533.6K
$466.9K – $622.5K
NOI $37,350 @ 7.0% cap · market cap 7.47%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$4.09M
$3.58M – $4.78M
NOI $286,570 @ 7.0% cap · market cap 57.33%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,674
Businesses Nearby
Explore this area
Business Placement
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
View Realmo Analytics
Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office units - Located in a multi-business building, the space has access to shared amenities and designated parking.
Where is this office units located?
The property is located at 2 Great Falls Plaza Auburn, ME.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: 2,305‑square‑foot office unit; T‑6 zoning; Elevator access to upper floors
