Urban Infill Development Site

Vacant Land for Sale
Catylist Listing ID: 30665614
Property Subtypes: Multi-Family, Office, Retail
Gross Land Area: 0.16 Acres
Sale Price: See Agent
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/12/2020

Overview / Comments

6,800± SF City-owned development site

Ideal for mixed use

Located on the banks of the Androscoggin River with spectacular views

In close proximity to Auburn City Hall, YMCA, Hilton Garden Inn, TD Bank and the US Post Office

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.

Attachments & Media

Additional Details

Nearest MSA: Lewiston-Auburn
County: Androscoggin
Submarket/Township: Lewiston/Auburn
Submarket Type: Central Business District
Taxing Authority: City of Auburn
Tax ID/APN: 01010_231-020
Zoning: T-4.2
Property Visibility: Excellent
Feet of Frontage: 100
Site Description: 6,800± SF City-owned development site
Lot Frontage: 100
Zoning Description: T-4.2 Traditional downtown neighborhood
Water Service: Municipal
Sewer Type: Municipal

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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


Photograph of Listing Agent

Christopher Paszyc, CCIM, SIOR

The Boulos Company NECPE Member
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