6.54± AC Development Site

Retail-Commercial for Sale
Catylist Listing ID: 30773838
Property Subtypes: Free-Standing Building
Building Size (RSF): 12,619 SF
Gross Building Area: See Agent
Gross Land Area: 6.54 Acres
Sale Price: $4,750,000
Unit Price: $376.42 PSF
Property Use Type: Vacant/Owner-User
Building Name: 774 Center Street
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/23/2021

Overview / Comments

6.54± AC development site improved with a 12,619± SF former automobile sales & service building, multiple residences and large lighted inventory display lots

Located on the corner of a signalized intersection with daily trip counts in excess of 23,000 vehicles per day

500’ of frontage on Center Street

Area businesses include multiple vehicle dealerships and equipment dealers, a variety of regional and national chain restaurants, Super Walmart, Lowes, Home Depot, TJ Maxx, Planet Fitness, Shaws, the Norway Savings Bank Arena, and many others

Singular opportunity to acquire a once-in-a-lifetime commercial location
on Center Street in thriving Auburn

Additional Details

Nearest MSA: Lewiston-Auburn
County: Androscoggin
Submarket/Township: Lewiston/Auburn
Submarket Type: Central Business District
Taxing Authority: City of Lewiston
Tax ID/APN: 01010_291-004
Zoning: CB & SR
Retail Clientele: General, Family, Business, Traveler, Tourist
Property Visibility: Excellent
Largest Nearby Street: Center Street
Feet of Frontage: 500
Traffic/Vehicle Count: 23,000
Highway Access: Near Maine Turnpike
Airports: Auburn/Lewiston Municipal
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 2005
Parking Type: Surface
Zoning Description: GB - General Business SR - Suburban Residential
Lot Frontage: 500
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,009 40,723 58,132
Median Age: 28.85 36.7 38.17
Households: 1,508 17,255 24,609


Photograph of Listing Agent

Christopher Paszyc, CCIM, SIOR

The Boulos Company NECPE Member
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