45 Hutchins StAuburn, ME 04210

  • Industrial properties
  • 41,700 SF
For Sale
$1,500,000 View listing

Property Details for 45 Hutchins St

Year built
1890
Construction
FRAME
Lot size
0.53 AC
Property size (Sq ft)
41,700 SF
Property type
Industrial properties
Property subtype
Other industrial properties
APN
AUBN M:220 L:102
APU
AUBNM220L102

Description

This exceptional Auburn, ME industrial property offers 52,651 square feet of space across two, four-story buildings on a 1.95-acre lot. Built in 1890 and renovated in 2002, this mixed-use property features three loading docks, ten dock-high doors, and 12-foot ceilings. The property boasts recent upgrades, including public water and sewer connections, a full sprinkler system, and HVAC in several areas. Situated on a gated dead-end street, it offers enhanced security with surveillance cameras. Additional outbuildings provide extra space, and the property enjoys seasonal Androscoggin River views. The location provides high visibility with daily traffic exceeding 8,500 vehicles. This multi-tenant building is available for $1,500,000 ($28.49/sq ft) with an occupancy date of July 31, 2023. Potential buyers should note the availability of business incentive programs up to $150,000 for new or relocating businesses, and a housing development program offering up to $150,000 per new residential unit.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $7,891,271
    Hospitality
    $7,228,362
    Educational
    $6,013,912
    Medical
    $6,220,740
    Retail
    $9,354,974
45 Hutchins St, Auburn, Maine
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Location Insight

City
Auburn
County
Androscoggin
State
Maine
Latitude
44.0893
Longitude
-70.23
CBSA code
30340
CBSA name
LEWISTON-AUBURN, ME METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$6,955
$29,300
$276,400
$305,700
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