550 Center StAuburn, ME 04210

Property Details for 550 Center St

Year built

1979

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

135.20 AC

Property size (Sq ft)

290,142 SF

Property type

Other commercial real estate

APN

AUBN M:280 L:010

APU

AUBNM280L010

Description

This exceptional commercial property, located at 550 Center St in Auburn, Maine (zip code 04210), offers 59,941 square feet of vacant retail and office space within the Auburn Mall. The single-tenant space is situated in a high-visibility location within a Class B, one-story building totaling 344,369 square feet, situated on 33.8 acres of land. The property features a 17-foot ceiling height and ample parking with 1776 spaces. Utilities include power. There are no elevators. The zoning is GB - General Business, and the APN is Map 280, Lot 10 in Androscoggin County. This Lewiston/Auburn submarket location benefits from strong anchor tenants including J.C. Penney, Books-A-Million, Miller Fitness, Bath & Body Works, Pro Vision Center, and Payroll Management, providing significant foot traffic and brand recognition. The property presents a unique opportunity for expansion or redevelopment. The space is available for lease at a rate of $8.00 per square foot, NNN, with an anticipated availability date of January 1, 2025. This is an ideal opportunity for businesses seeking a prominent presence in a thriving retail environment.

• Alternative Use

  Use

  Valuation

  Residential

  $54,906,216

  Hospitality

  $50,293,796

  Educational

  $41,843,848

  Medical

  $43,282,924

  Retail

  $65,090,432

Location Insight

City

Auburn

County

Androscoggin

State

Maine

Latitude

44.1222

Longitude

-70.2293

CBSA code

30340

CBSA name

LEWISTON-AUBURN, ME METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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