767 Minot Ave. Auburn

Industrial for Sale
Catylist Listing ID: 30781982
Property Subtypes: Flex Space
Building Size (RSF): 7,406 SF
Gross Building Area: See Agent
Sale Price: $1,750,000
Unit Price: $236.29 PSF
Ceiling: 10 ft. Clear
Docks/Doors: 1 Dock
Drive In Bays: 1 Bay
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller, Owner Financing
Last Updated: 7/19/2022

Overview / Comments

Great opportunity to purchase a stand alone, turnkey grow facility complete with rental income to help offset expenses. The owner will consider financing to qualified buyers with $500,000 down and remaining balance carried over 20-25 years at 7% Interest with a balloon payment.

Located on Minot Ave between Court Street and Hotel Road. High visibility location and exceptional traffic counts make this a prime location in Auburn.

767 Minot Ave offers a 5,000 SF turnkey grow facility in the rear with 1,000 AMP, Single Phase power, 5 Veg Rooms, 5 Flower Rooms, processing room, lights, feeders, alarms, and more! This is completely turn key and provides everything you need to set up and start growing immediately.

Kristi's Cafe, an award winning local cafe, operates in the front of the building and provides exceptionally stable income for the new building owner.

This property has been well maintained with a modern HVAC systems, upgraded electrical, and a new roof over the entire building.

Financials

Finance Data Year 2022
Real Estate Taxes - Annual($) $9,771 (Annual)

Additional Details

Nearest MSA: Lewiston-Auburn
County: Androscoggin
Tax ID/APN: AUBN-000208-000000-000027
Zoning: GB2
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 1935
Parking Type: Surface
Column Spacing: 10

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,321 36,972 57,298
Median Age: 45.47 35.16 37.9
Households: 989 15,621 24,191

Contact

Photograph of Listing Agent

Kevin Fletcher, CCIM

KW Commercial NECPE Member
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