PRIME DEVELOPMENT SITE
Vacant Land
for Sale
| Catylist Listing ID: |
30709289 |
| Property Subtypes: |
Hospitality, Multi-Family, Office, Retail, Other
|
| Gross Land Area: |
0.22 Acres
|
| Sale Price: |
See Agent |
| Sale Terms: |
Undisclosed |
| Cap Rate: |
Undisclosed |
| Last Updated: |
3/28/2024 |
Overview / Comments
|
0.22± acre City-owned development site. Ideal for mixed use. Projects that create a minimum of $2 million in assessable value within the district may be eligible for a Credit Enhancement to assist with development costs. The Auburn City Council has allocated $1 million toward downtown redevelopment projects. A maximum of $250,000 per project is available to assist with substantial development. Pricing negotiable for the right project.
|
Additional Details
| Nearest MSA: |
Lewiston-Auburn |
| County: |
Androscoggin |
| Tax ID/APN: |
01010_231-004 |
| Zoning: |
T4.2 TRADITIONIAL DOWNTOWN NEIGHBORHOOD |
| Site Description: |
0.22± acre City-owned development site |
| Area Description: |
In close proximity to Auburn City Hall, YMCA, Hilton Garden Inn, TD Bank and the US Post Office. |
| Lot Frontage: |
Unknown |
| Zoning Description: |
Traditionial Downtown Neighborhood |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
16,621 |
46,235 |
61,525 |
| Median Age: |
33.79 |
36.98 |
38.51 |
| Households: |
7,323 |
19,750 |
25,977 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither New England Commercial Property Exchange nor
Moody's assume any liability for errors or omissions.
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