Versatile Property in New
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63 Broad St, Auburn, ME 04210
5,570 SF property with high visibility and income potential.
Property Size5,570 SF
Price / SF$70.02
Days on Market855
Property Features for 63 Broad St
General Information
Standard status
Active
Size
5,570 SF
Property subtype
Retail
Zoning
DTC
Investment Type
Owner/User
Building Details
Year Built
1933
Listing Agency:
CORE
Listed By:
Andre Rossignol
(207) 484-8258
Source:
Crexi
Added: Jun 17, 2024
Changed: Oct 15
Last Checked: Oct 19 at 5:39AM
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 CORE
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Investment Insights
Based on property information with market context.
Located in the New Auburn Neighborhood, this 5,570 SF property offers high visibility at a busy corner. The location benefits from an Annual Average Daily Traffic count of 10,196 and a walk score of 77. The property includes 4,780 SF of basement storage and approximately 2,400 SF of vacant office/retail space suitable for a variety of uses. Current tenants are operating under below-market, month-to-month leases, which provides potential for rental income adjustments. This versatile property is ideal for an owner occupant seeking a prominent location for their business, or for an investor looking to capitalize on its high visibility and significant foot and vehicle traffic.
Key Highlights
- High visibility at a busy corner location.
- 2,400± SF of vacant office/retail space suitable for a variety of uses.**
- 4,780 SF of basement storage.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
528
Businesses Nearby
19k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 53%
Shops & Services 47%
Dunkin' Donuts
Dining
9,785 visits/mo
0.1 miles
Citgo
Shops & Services
8,720 visits/mo
0.4 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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Retail space - 5,570 SF property with high visibility and income potential.
Where is this retail space located?
The property is located at 63 Broad St Auburn, ME.
What is the asking price?
The asking price for this property is $390,000.
What are key features of this property?
This property features: High visibility at a busy corner location.; 2,400± SF of vacant office/retail space suitable for a variety of uses.**; 4,780 SF of basement storage.
