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    550 Center St Auburn, ME 04210

    Sponsored
    For Lease
    $8 SF/Yr

    Prime Auburn location, 59,941 SF available

    Lot size:
    344,369 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional commercial property, located at 550 Center St in Auburn, Maine (zip code 04210), offers 59,941 square feet of vacant retail and office space within the Auburn Mall. The single-tenant space is situated in a high-visibility location within a Class B, one-story building totaling 344,369 square feet, situated on 33.8 acres of land. The property features a 17-foot ceiling height and ample parking with 1776 spaces. Utilities include power. There are no elevators. The zoning is GB - General Business, and the APN is Map 280, Lot 10 in Androscoggin County. This Lewiston/Auburn submarket location benefits from strong anchor tenants including J.C. Penney, Books-A-Million, Miller Fitness, Bath & Body Works, Pro Vision Center, and Payroll Management, providing significant foot traffic and brand recognition. The property presents a unique opportunity for expansion or redevelopment. The space is available for lease at a rate of $8.00 per square foot, NNN, with an anticipated availability date of January 1, 2025. This is an ideal opportunity for businesses seeking a prominent presence in a thriving retail environment.

    Property Features for 550 Center St

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    344,369 SF
    Class
    B
    Total Rate
    229579.33

    Building Details

    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Size
    59,941 SF
    Rate per SF
    $8

    HighLights

    • 59,941 SF of vacant retail/office space available for lease at Auburn Mall, Auburn, ME (04210).
    • Located in a high‑visibility position within a 344,369 SF Class B building on 33.8 acres.
    • Features 17‑foot ceilings and 1776 parking spaces.
    • $8.00/SF NNN lease rate; available January 1, 2025.
    • Zoned GB (General Business); APN: Map 280, Lot 10, Androscoggin County.
    Property Profile Location Intelligence

    Current Use by Public Records

    Auburn Mall Shopping Mall An Angels Wing Inc. Thrift Store JCPenney Department Store Crystal Incantations, LLC Hobby Store GNC Vitamin & Supplements Store

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Auburn
    County
    Androscoggin
    State
    Maine
    Longitude
    -70.2291926
    Latitude
    44.1222913

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Auburn location, 59,941 SF available
    Where is this office property / space located?
    The property is located at 550 Center St Auburn, ME.
    What is the lease rate?
    The lease rate is $8 SF/Yr.
    What are key features of this property?
    This property features: 59,941 SF of vacant retail/office space available for lease at Auburn Mall, Auburn, ME (04210).; Located in a high-visibility position within a 344,369 SF Class B building on 33.8 acres.; Features 17-foot ceilings and 1776 parking spaces.
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    550 Center St Auburn, ME 04210
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    Auburn, ME 04210
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    550 Center St Auburn, ME 04210
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