$800,000
( $16.92Per Sq Foot )
 $4,295 est/mo Sourced by Back At You

254 Minot Avenue , Auburn, ME 04210

Auburn, ME 04210

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Description

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.

Details

MLS#1597110
Listing TypeFor Sale
StyleIndustrial
Sub-TypeResale
StatusPending
Year1915
Days On Site191
Listing Provided ByMaine Real Estate Co | Michelle Gosselin

Features

SQ Feet47,295
BasementY
Story(s)2
ZoningGeneral Business
Acreage1.34

Market Activity 04210

    
Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2025 Maine Real Estate Information System, Inc. All Rights Reserved.

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Learn More About This Property

StateME
CountyAndroscoggin
CityAuburn
Zip Code04210
Listing VS Median (in 04210)
Price:
$800,000
low | high
Med:
$359,950
100% of Average
SqFt:
47,295
low | high
Med:
1,728
100% of Average
$ / SqFt:
$17
low | high
Med:
$213
100% of Average
On Site:
191
low | high
Med:
153.500000
100% of Average
Sourced by Back At You
Listing Updated: January 18, 2025 at 10:50:14 PM PST