Property profile

61 Washington St N Auburn, ME 04210

FOR LEASE
Other warehouses
Property ID
US42-0089183
5,841 SF 0.13 ac lot Built 1949
Individually Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

61 Washington St N in Auburn, Maine is a 5,841+/- sq. ft. brick commercial building constructed in 1949, arranged with a dedicated warehouse/distribution area, a showroom, and two private offices. The facility is served by an 8' x 9' drive-in door, a wet sprinkler system, and newer LED lighting, and it includes 3-phase 120/208 electrical service. Natural gas heating is provided via a furnace installed in 2023. The building is located along Washington Street, with access suitable for customers, employees, and deliveries, and the site includes approximately 10 on-site parking spaces. The property lies within Auburn’s Downtown Traditional Center (T-5.1) zoning district and has nearby regional connectivity to I-95 (Exit 75), US-202, ME-4, and ME-100. On-site municipal water and sewer services are available, and the warehouse/distribution clear-height and drive-in door configuration support a range of service, trade, and distribution uses.

Property profile

Verified
Property type Other warehouses
Use group WAREHOUSE, STORAGE
Year built 1949
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 5,841 SF
Lot 0.13 ac (5,663 SF)
APN AUBN M:220 L:087
UPID US42-0089183

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Big Box & Wholesale Store

Location

61 Washington St N Auburn, ME 04210
Auburn metro Census 10100 LEWISTON-AUBURN, ME METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$265k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$265k

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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