Shopping Center

Auburn, ME Shopping Centers for Sale

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Lewiston, ME Poland, ME Sabattus, ME Greene, ME Lisbon, ME Turner, ME Minot, ME Mechanic Falls, ME
Multi-Tenant Retail Center
Updated: Sep 19, 2025
Multi-Tenant Retail Center

120 Center St, Auburn, ME 04210

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57,842 sqft
57,842± SF multi‑tenant retail center (Center Street Plaza) in Auburn’s busiest retail corridor
Many tenants have long‑term leases in place, supporting a stable multi‑tenant rental mix
Stated 10% cap rate
High‑visibility corridor frontage with 23,950 cars/day traffic count
Ample on‑site parking
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Enclosed Mall with Redevelopment Potential
Updated: Aug 5, 2024
Enclosed Mall with Redevelopment Potential

550 Center Street, Auburn, ME 04210

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344,369 sqft 30.00 AC lot
Substantially below replacement cost purchase opportunity for an enclosed mall with redevelopment potential and an additional outparcel.
Tremendous redevelopment upside due to a vacant 60,000 sf anchor space.
Located in the heart of the retail landscape for central Maine, serving a large population (314,373 within a 25‑mile radius) with a strong average household income ($78,009).
Anchored by J.C. Penney and other notable tenants (Bath & Body Works, Game Zone, Spencer's, GNC).
Well‑maintained center ideally located to serve the communities of Lewiston and Auburn and the larger central Maine area.
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Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Auburn, ME, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Mixed-Use Center with Retail and Offices
Mixed-Use Center with Retail and Offices

35 & 36 Center Street, Wolfeboro, NH 03894

$12,500,000

Two boutique properties on Center Street include office, retail, storage, and residential components with more than $1,000,000 gross rent annually.

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Scarborough Gateway Shoppes Pad Sites
Scarborough Gateway Shoppes Pad Sites

260 Payne Rd, Scarborough, ME

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33,812 sqft 42.50 AC lot

Pad sites available for sale or ground lease near Cabela’s.

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Retail Shopping Center
Retail Shopping Center

35 & 36 Center Street, Wolfeboro, NH 03894

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Clark Plaza is a retail shopping center offered for sale in Wolfeboro, New Hampshire.

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Fully Leased Retail Plaza
Fully Leased Retail Plaza

442 US-1, Scarborough, ME 04074

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26,464 sqft

26,464 SF retail plaza on US Route One.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Augusta Land Ready to Develop
Augusta Land Ready to Develop

450 W River Road, Augusta, ME 04330

$199,000
51.00 AC lot

50+ acre parcel near I-95 and MaineGeneral Medical Center.

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Buxton Land for Commercial Development
Buxton Land for Commercial Development

Innovation Way lot: 6, Buxton, ME 04093

$399,000
3.28 AC lot

3.28-acre commercial land in Buxton's growing business park.

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Buxton Corner Lot in Business Park
Buxton Corner Lot in Business Park

Innovation Way lot: 5, Buxton, ME 04093

$269,000
1.85 AC lot

1.85 acre corner lot in Buxton's growing business park.

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Buxton Land in Business Hub
Buxton Land in Business Hub

Innovation Way lot: 7, Buxton, ME 04093

$269,000
1.90 AC lot

1.9 acre corner lot in growing Buxton business park.

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Auburn, ME Shopping Centers Market Trends and Statistics

Explore 2 shopping centers for sale in Auburn, ME on our real estate platform. These investment opportunities span a total of 402,211 square feet of properties for sale.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Shopping centers 4
Automotive properties 1
Car washes 1
Gas stations 1
Grocery and convenience stores 1

Demographics Overview

Population 24K
Population Growth (5Y) +5.3%
Median Household Income $66,552
College Educated 12.7%

High-Yield Neighborhoods for Investment

Identify Auburn submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
04210 $9.5M

Taxes & Financing

Tax Rate (average for all types) 2.28%
Property Tax per SF $48.71 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Androscoggin County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Auburn fall within the 100,000+ square foot range.

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