254 Minot Ave - Warehouse FOR SALE


Auburn, ME 04210
$800,000 USD
207-754-4998
254 Minot Ave, Auburn, ME for Sale
$800,000 USD
Warehouse - FOR SALE
1/20
null | Request Cap Rate

254 Minot Ave
Auburn, ME 04210


HIGHLIGHTS

  • Minot Ave's prime location provides high visibility with a traffic count greater than 12,000 daily & minutes from the Auburn Turnpike Exit.
  • 26,000 square feet of expansive space across its first & second levels, additional 14,000 square feet of functional basement space.
  • Property zoning allows for high-density usage, includes residential, retail, office suites, storage, warehouse use, and more.

OVERVIEW

We are pleased to offer an exceptional investment opportunity with the sale of an iconic building that once housed the Maine Baking Company, and over the years, it has been home to Benson & Sullivan Candy Distribution, Selzer and Rydholm, and most recently, Stratham Tire. The building offers over 26,000 square feet of expansive space across its first and second levels, complemented by an additional 14,000 square feet of functional basement space. This building also includes public water & sewer, natural gas, full dry sprinkler system, industrial elevator, four garage bays, two loading docks and an oversized parking lot in rear of building. The property's zoning allows for high-density usage, which includes residential, retail, office suites, storage, warehouse use, and more. Given the increased demand for housing, a condo conversion could be an appealing and profitable option. Minot Ave's prime location provides high visibility and accessibility, with a traffic count greater than 12,000 daily and minutes from the Auburn Turnpike exit. It is situated in a bustling area that offers numerous amenities, such as restaurants, shopping centers, local businesses, healthcare and access to a highly sought-after school district. This makes the building an excellent investment for anyone looking to capitalize on the growth and potential of downtown Auburn, Maine.

FOR SALE DETAILS

PRICE

$800,000 USD

PRICE/SF

$23 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Manufacturing, Loft/Creative Space, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1915

UTILITIES

Lighting, Gas, Water, Sewer, Heating

CLEAR CEILING HT

12.416666666666666 Ft

DOCKS

1

DRIVE INS

2

PARKING SPACES

15

LAND DETAILS

LAND ACRES

1.34

LAND SF

58,370

ZONING

General Business

APN/PARCEL ID

AUBN-000220-000000-000038

ASK ABOUT THIS PROPERTY

Michelle GosselinMaine Real Estate CoMore Info
207-754-4998

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Michelle GosselinMaine Real Estate CoMore Info
207-754-4998

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.