Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    187 Washington St Auburn, ME 04210

    Sponsored
    For Sale
    $825,000

    Mixed-use, 8,856 sq ft, high visibility

    Property size:
    8,856 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional three-story, 8,856 square foot mixed-use building at 187 Washington Street South in Auburn, Maine, presents a compelling investment opportunity. Built in 1920, the Class B property sits on a 0.66-acre lot and boasts 20 parking spaces. The building is zoned for Commercial Form Based Code Gateway Development District (CFBCGD), offering flexibility for a variety of uses. Currently configured as multi-tenant executive office space, the property features two 8' x 8' overhead doors, ideal for flex space or storage needs. Its prime location on Route 202 ensures high visibility and convenient access to downtown Auburn and the Maine Turnpike, providing excellent exposure to a large customer base. The asking price is $825,000, making this a strong owner/user investment. Proximity to I-95 further enhances its strategic location and accessibility. This well-maintained property offers a blend of classic charm and modern functionality, presenting a rare opportunity to acquire a versatile commercial asset in a thriving Maine community. The substantial square footage and ample parking make this an attractive option for businesses seeking a prominent presence in Auburn.

    Property Features for 187 Washington St

    General Information

    Property type
    Mixed-use properties
    Square Feet
    8,856 SF
    Class
    B
    Lot Size
    28,750 SF

    Building Details

    Year Built
    1920
    Stories
    3

    HighLights

    • Prime location near I‑95 and Downtown Auburn.
    • High visibility from Route 202.
    • Two 8' x 8' overhead doors.
    Property Profile Location Intelligence

    Current Use by Public Records

    Connectivity Point Design Security System Installer Connectivity Point Design ... Telecommunications Service Provider

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon 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
    -70.2334327
    Latitude
    44.0833327

    Nearby Similar for Sale

    • $395,000
      1,286 SF

      Updated Duplex with Waterfront Access

      Renovated duplex with strong rental potential and waterfront access.
      38 Newbury St, Auburn, ME 04210
      View Details
    • $1,400,000
      10,480 SF

      Versatile Commercial Property on Minot Avenue

      10,480 SF commercial property on Minot Avenue in Auburn, Maine.
      1110 Minot Ave, Auburn, ME 04210
      View Details
    • $475,000
      8,887 SF

      Auburn Warehouse with Development Potential

      Versatile Auburn warehouse with easy access and development potential.
      358 Washington St N, Auburn, ME 04210
      View Details
    • $499,000
      1,440 SF

      Cape Cod Multifamily Home, Auburn

      Multifamily Cape Cod in Auburn with potential finished basement.
      25 Eighth St, Auburn, ME 04210
      View Details
    • $525,000
      8,000 SF

      Auburn Warehouse/Distribution Building For Sale

      8,000 SF warehouse/distribution building with ample parking and outdoor storage.
      213 Washington St S, Auburn, ME 04210
      View Details
    • $549,000

      Historic Auburn Commercial Building For Sale

      Versatile 26,000+ sq ft building with mixed-use zoning.
      254 Minot Ave, Auburn, ME 04210
      View Details
    • $395,000
      2,028 SF

      Established Seafood Market For Sale

      Turn-key seafood market with real estate in high-traffic location.
      22 Mill St, Auburn, ME 04210
      View Details
    • $390,000
      5,570 SF

      New Auburn Retail/Office Opportunity

      5,570 SF property with high visibility and income potential.
      63 Broad St, Auburn, ME 04210
      View Details
    • $995,000
      3,707 SF

      Retail Property on Center Street

      Retail property with two tenants in Auburn, Maine.
      213 Center St, Auburn, ME 04210
      View Details
    • $275,000
      5,841 SF

      Adaptable Commercial Space in Auburn

      Commercial space with warehouse, showroom, and office areas.
      61 Washington St N, Auburn, ME 04210
      View Details
    • $1,700,000
      7,200 SF

      Medical Office Building For Sale

      7,200 SF medical office building on 0.55 acres.
      593 Center St, Auburn, ME 04210
      View Details
    • $550,000

      Medical/Professional Office Building For Sale

      4,393 SF medical/professional office building in Auburn, Maine.
      60 Second St, Auburn, ME 04210
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use, 8,856 sq ft, high visibility
    Where is this mixed-use property located?
    The property is located at 187 Washington St Auburn, ME.
    What is the asking price?
    The asking price for this property is $825,000.
    What are key features of this property?
    This property features: Prime location near I-95 and Downtown Auburn.; High visibility from Route 202.; Two 8' x 8' overhead doors.
    Request Owner's contact information
    187 Washington St Auburn, ME 04210
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    187 Washington St
    Auburn, ME 04210
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    187 Washington St Auburn, ME 04210
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.