Industrial-Zoned Storefront
791 Kittyhawk Avenue, Auburn, ME 04210
For Sale
$3,000,000
The property carries an industrial zoning designation in Auburn, Maine.
Property Size22,710 SF
Price / SF$132.10
Days on Market271
Property Features for 791 Kittyhawk Avenue
General Information
Standard status
Size
Property subtype
Zoning
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Stories
Listing Agency:
NextHome Experience
(207) 573-7400
Listed By:
Lisa Caron · License ME BR924778
(207) 745-5568
Source:
Integrityhomesrealestategroup
Added: Feb 16
Changed: Nov 11
Last Checked: Nov 13 at 7:45PM
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 NextHome Experience
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Investment Insights
Based on property information with market context.
This 22,710-square-foot storefront property was built in 2006 and is zoned industrial. It is located at 791 Kittyhawk Avenue in Auburn, Maine.
Key Highlights
- 22,710‑square‑foot storefront property
- Built in 2006
- Industrial zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$237,501
Cap Rate
7.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,750,020
$4.8M
Cap Rate 7%
$3,392,871
$3.4M
Cap Rate 9%
$2,638,900
$2.6M
Market Conditions
NOI Build-Up for 22,710 SF
Gross rent
$408.8K $18.00/SF
− Vacancy
−$69.5K −$3.06/SF
EGI
$339.3K $14.94/SF
− OpEx
−$101.8K −$4.48/SF
NOI
$237.5K $10.46/SF
Area
Androscoggin County, ME
Vacancy
17.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,750,020
Cap Rate 7%
$3,392,871
Cap Rate 9%
$2,638,900
Alternative Uses
Best Use
Retail
$3.39M
$2.97M – $3.96M
NOI $237,501 @ 7.0% cap · market cap 7.92%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$7.06M
$6.18M – $8.24M
NOI $494,421 @ 7.0% cap · market cap 16.48%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
83
Businesses Nearby
63k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 64%
Dining 36%
Circle K
Shops & Services
31,133 visits/mo
0.1 miles
Dunkin' Donuts
Dining
14,686 visits/mo
0.2 miles
Citgo
Shops & Services
9,131 visits/mo
0.1 miles
Aroma Joe's
Dining
6,236 visits/mo
0.1 miles
SUBWAY
Dining
1,996 visits/mo
0.1 miles
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 Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Storefront property - The property carries an industrial zoning designation in Auburn, Maine.
Where is this storefront property located?
The property is located at 791 Kittyhawk Avenue Auburn, ME.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: 22,710‑square‑foot storefront property; Built in 2006; Industrial zoning
