For Sale 34 Court St S (GOFF BLOCK)

Withdrawn Office for Sale
Catylist Listing ID: 29705512
Property Subtypes: Executive Suites, Governmental, Institutional, Medical, Mixed Use, Office Building, Research & Development, Other
Building Size (RSF): 19,848 SF
Gross Building Area: 4,962 SF
Sale Price: $795,000
Unit Price: $40.05 PSF
Property Use Type: Net Leased Investment (NNN), Investment, Vacant/Owner-User, Business
Building Name: GOFF BLOCK
Class of Space: Class C
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Withdrawn On: 9/25/2017
Last Updated: 9/25/2017

Overview / Comments

Situated at the corner of Court Street & Main Street with an impressive
Chamfered corner, the 1878 Goff Block is a three story 19,848 sq ft commercial building constructed of red-brick and trimmed in Norridgewock granite. This building has stamped blueprints for an approved conversion of the top two floors into 10 market rate apartment units and was also granted 20 parking spaces in the public garage directly behind the building to go with the project. 34 Court St was also just approved for nomination to the National Register of Historic Places in the Auburn Commercial Historic District. Making this building a great opportunity to utilize the State and Federal Historic Tax Credits which combined are 45%! This is a great opportunity for development in Auburn’s most treasured building or add to the existing tenant base as is.

Additional Details

Nearest MSA: Lewiston-Auburn
County: Androscoggin
Tax ID/APN: 34
Zoning: CBD II
Market Type: Medium
Road Type: Paved, 2-Track
Property Visibility: Excellent
Transportation: Bus, Highway, Airport, Taxi
Number of Stories: 3
Typical SF / Floor: 4,962 SF
Year Built: 1878
Roof Type: Flat
Construction/Siding: Brick
Parking Type: Structure, Surface
Total Parking Spaces: 20
Passenger Elevators: 1
Sprinklers: Dry
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Package Unit
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 17,628 46,235 59,530
Median Age: 33.69 36.98 38.35
Households: 7,788 19,750 25,186

Contact

Photograph of Listing Agent

Jay Wise

WRE Commercial Brokers
NECPE Member
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