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    747 Minot Ave Auburn, ME 04240

    Sponsored
    For Lease
    $120 SF/Yr

    5,600 SF Warehouse, Immediate Occupancy

    Lot size:
    11,855 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional industrial property, located at 747 Minot Ave in Auburn, Maine, presents a unique opportunity. The 5,600 square foot warehouse space is immediately available, offering ample room for various industrial or retail uses. Situated on a 2.59-acre lot, the property boasts two buildings, each two stories high, totaling 11,855 square feet. The available space features convenient amenities including a breakroom/office area and a bathroom, along with two overhead doors for easy loading and unloading. The property's zoning is currently unavailable. Built in 1960, this property offers a blend of established infrastructure and potential for modernization. The minimum divisible space is 5,600 square feet, and the maximum contiguous space available is also 5,600 square feet. The property is currently designated as having multiple tenancies, although only one suite is available. The Androscoggin County location provides excellent access to transportation routes and a strong workforce. The property's APN is AUBN-000208-000000-000028. While the tax cost per square foot is listed as $12,427, further clarification is recommended. This property is ideal for businesses seeking a well-located, functional space with immediate occupancy. The previous tenant is relocating in October.

    Property Features for 747 Minot Ave

    General Information

    Property type
    Manufacturing properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    11,855 SF
    Total Rate
    118550

    Building Details

    Year Built
    1960
    Buildings
    2
    Stories
    2

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    5,600 SF
    Rate per SF
    $120
    Property Profile Location Intelligence

    Current Use by Public Records

    A-Plus Auto Repair Auto Repair Shop Canna Source of Maine Herb Shop Fastenal Fulfillment Center ... Manufacturer Fastenal Fulfillment Center Manufacturer The Creative Edge Tattoo ... Tattoo And Piercing Shop

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Auburn
    County
    Androscoggin
    State
    Maine
    Longitude
    -70.257493054645
    Latitude
    44.081886091799

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    FAQs

    What type of property is this?
    Manufacturing property - 5,600 SF Warehouse, Immediate Occupancy
    Where is this manufacturing property located?
    The property is located at 747 Minot Ave Auburn, ME.
    What is the lease rate?
    The lease rate is $120 SF/Yr.
    Request Owner's contact information
    747 Minot Ave Auburn, ME 04240
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    Auburn, ME 04240
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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
    747 Minot Ave Auburn, ME 04240
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