PRIME DEVELOPMENT SITE
Vacant Land
for Sale
Sale Pending/Contingent
Catylist Listing ID: |
30709292 |
Property Subtypes: |
Hospitality, Multi-Family, Office, Retail
|
Status: |
Pending/Contingent |
Gross Land Area: |
0.43 Acres
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Sale Price: |
See Agent |
Sale Terms: |
Cash to Seller |
Cap Rate: |
Undisclosed |
Last Updated: |
3/28/2024 |
Overview / Comments
0.43± 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.
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Additional Details
Nearest MSA: |
Lewiston-Auburn |
County: |
Androscoggin |
Taxing Authority: |
City of Auburn |
Tax ID/APN: |
Unknown |
Zoning: |
DE - DOWNTOWN ENTERPRISE |
Site Description: |
0.43± 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 |
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 |
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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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