45 Hutchins St Auburn, ME 04210-5718
- Industrial properties
- 41,700 SF
- 0.53 lot acres
Current Use by Public Records
- Maine Cage Factory / Department Store
- Maine Metal Coating / Powder Coating Service
Property Details for 45 Hutchins St
- Year built
- 1890
- Construction
- FRAME
- Lot size
- 0.53 lot acres
- Property size
- 41,700 SF
- Property type
- 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.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $660,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $771,000
Market price range: $772k - $2.24M
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Location Insight
- Map
- Local Demand
- City
- Auburn
- County
- Androscoggin
- State
- Maine
- Longitude
- -70.23
- Latitude
- 44.0893
- CBSA code
- 30340
- CBSA name
- LEWISTON-AUBURN, ME METROPOLITAN STATISTICAL AREA