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 9:06PM
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.
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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.
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Property Analytics
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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
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Cap Rate, Value Estimation, Potential NOI and more
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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
