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Versatile Property in New Auburn
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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 Market810

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
Source: Crexi
Added: Jun 17, 2024 Changed: Aug 28 Last Checked: Sep 1 at 5:00PM

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

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

Current Use

Retail space

Suggested Use

Top Pick Garden Center Electrical Service Locksmith Storage Facility Catering Service Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

528
Businesses Nearby
19k
Monthly Visits Nearby

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

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Questions? Ask Rey
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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.
(207) 484-8258 Call to check price and availability
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