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    550 Center St Auburn, ME 04210

    Sponsored
    For Lease
    Contact for pricing

    Four Outparcels, 3,000-15,000 SF

    Lot size:
    15,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional opportunity presents four available outparcels at the highly successful Auburn Mall in Auburn, Maine. Located at 550 Center St, 04210, these pads range from approximately 3,000 square feet to 15,000 square feet, offering significant flexibility for a variety of commercial uses. The parcels are zoned GB - General Business (APN: Map 280, Lot 10) and are approved and ready for immediate development. Drive-thru potential is available, making these sites ideal for restaurants, retail, or other businesses requiring convenient customer access. The Auburn Mall boasts a strong tenant mix, including well-known national brands such as J.C. Penney, Bath & Body Works, Books-A-Million, and Miller Fitness, ensuring high visibility and foot traffic for your business. Existing outparcel tenants include Goodwill, Panera Bread, Aspen Dental, Town Fair Tire, and St. Mary's Urgent Care, further demonstrating the location's desirability and success. This prime Lewiston/Auburn submarket location offers unparalleled access to a large and established customer base. These outparcels represent a rare chance to establish a presence in a thriving retail environment. Contact us today to learn more about this exciting investment opportunity.

    Property Features for 550 Center St

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    15,000 SF

    Unit(s) available at that property

    Space
    Size
    15,000 SF

    HighLights

    • Four outparcels available for sale at Auburn Mall, Auburn, ME (550 Center St, 04210).
    • Pads range from 3,000 to 15,000 square feet, suitable for various commercial uses.
    • Zoned GB - General Business (APN: Map 280, Lot 10), approved for immediate development; drive‑thru potential.
    • High visibility and traffic due to strong tenant mix at Auburn Mall (JCPenney, Bath & Body Works, etc.) and successful existing outparcel tenants (Goodwill, Panera Bread, etc.).
    • Prime Lewiston/Auburn location offers access to a large customer base.
    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
    -70.229014050677
    Latitude
    44.122605535872

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    FAQs

    What type of property is this?
    Individual retail property - Four Outparcels, 3,000-15,000 SF
    Where is this individual retail property located?
    The property is located at 550 Center St Auburn, ME.
    What are key features of this property?
    This property features: Four outparcels available for sale at Auburn Mall, Auburn, ME (550 Center St, 04210).; Pads range from 3,000 to 15,000 square feet, suitable for various commercial uses.; Zoned GB - General Business (APN: Map 280, Lot 10), approved for immediate development; drive-thru potential.
    Request Owner's contact information
    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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