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    120 Center St Auburn, ME 04210

    Sponsored
    For Lease
    $14 SF/Yr

    High-traffic retail space available.

    Lot size:
    57,842 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional retail opportunity presents two available suites within the established Center Street Plaza in Auburn, Maine. Located on the bustling Center Street retail corridor, this property boasts impressive daily traffic counts of 23,950 vehicles, ensuring high visibility and strong foot traffic. The plaza features a diverse mix of tenants, creating a vibrant and attractive shopping destination. The available spaces comprise a 6,000+/- square foot end-cap unit and a 2,700+/- square foot in-line unit, offering flexibility for various retail concepts. The entire property encompasses 57,842 square feet across three single-story buildings situated on a 5.8-acre lot. Built in 1952, the property is zoned GB - General Business, allowing for a wide range of retail uses. Minimum divisible space is 2,700 square feet, with a maximum contiguous space of 6,000 square feet

    Property Features for 120 Center St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    57,842 SF
    Total Rate
    67482.33

    Building Details

    Year Built
    1952
    Buildings
    3
    Stories
    1

    Unit(s) available at that property

    Space
    In-Line
    Size
    2,700 SF
    Rate per SF
    $14
    Space
    End-Cap
    Size
    6,000 SF
    Rate per SF
    $14

    HighLights

    • High‑traffic Auburn retail location.
    • Excellent visibility and strong traffic counts.
    • Abundant on‑site parking.
    Property Profile Location Intelligence

    Current Use by Public Records

    Realty ONE Group ... Real Estate Agent Don Beal of HomeSmart Real Estate Agent Solution Recovery Center Counselor NEXT. - Powered by ... Real Estate Agent Gifted Hands Barber Shop

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Auburn
    County
    Androscoggin
    State
    Maine
    Longitude
    -70.225851037676
    Latitude
    44.105540204532

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    FAQs

    What type of property is this?
    Retail property - High-traffic retail space available.
    Where is this retail property located?
    The property is located at 120 Center St Auburn, ME.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    What are key features of this property?
    This property features: High-traffic Auburn retail location.; Excellent visibility and strong traffic counts.; Abundant on-site parking.
    Request Owner's contact information
    120 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
    120 Center St Auburn, ME 04210
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