187 Washington S St, Auburn, ME 04210-4821
This exceptional 8,856-square-foot executive office building, located at 187 Washington Street in Auburn, Maine, presents a unique opportunity for owner-occupancy or investment. Situated on a 0.66-acre lot, this three-story building, constructed in 1920, boasts high visibility on Route 202, providing easy access to downtown Auburn and the Maine Turnpike. The entire building is currently vacant, offering immediate occupancy for a single tenant. The property is zoned as Commercial Form Based Code Gateway Development District (CFBCGD) within Androscoggin County, and includes ample parking with 20 spaces available. The building's substantial size and prime location make it ideal for a variety of businesses seeking a prominent presence in a thriving Maine community. This is a rare chance to acquire a substantial, well-located office building in a desirable area. The property's vacant status allows for complete customization to suit a new tenant's specific needs and preferences. With its convenient access to major transportation routes and the vibrant downtown area, this property offers unparalleled convenience and exposure. The 04210 zip code ensures easy access to a range of amenities and services. Consider the potential of this significant commercial property in a growing market.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.