Property summary
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.
Property profile
VerifiedCap rate & NOI
Current use
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Department Store
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Powder Coating Service
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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