254 Minot Ave - Warehouse FOR SALE


Auburn, ME 04210
$649,000 USD
207-754-4998
254 Minot Ave, Auburn, ME for Sale
$649,000 USD
Warehouse - FOR SALE
1/21
null | Request Cap Rate

254 Minot Ave
Auburn, ME 04210


OVERVIEW

We are proud to present an exceptional investment opportunity in the heart of Auburn. This iconic commercial building, once home to the Maine Baking Company, has a rich history and has also housed notable businesses such as Benson & Sullivan Candy Distribution, Selzer & Rydholm, and most recently, Stratham Tire. Offering over 26,000± square feet across two expansive floors, plus an additional 14,000± square feet of functional basement space, the property provides incredible flexibility for a variety of uses. Key features include public water and sewer, natural gas, a full dry sprinkler system, an industrial elevator, four garage bays, two loading docks, and an oversized parking lot located at the rear of the building. Zoned for high-density usage, this property supports a broad range of potential redevelopment options including residential, retail, office suites, storage, or warehouse space. With increasing demand for housing, a condo or apartment conversion could be a profitable and appealing direction for developers and investors. The building is situated on Minot Avenue-a high-traffic corridor with visibility to over 12,000 vehicles daily-and is just minutes from the Auburn Turnpike exit. Its prime location offers convenient access to restaurants, shopping centers, healthcare facilities, local businesses, and falls within a desirable school district. Whether you're looking to restore and repurpose a piece of Auburn history or capitalize on the area's continued growth, this property offers outstanding potential.

FOR SALE DETAILS

PRICE

$649,000 USD

PRICE/SF

$19 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1915

UTILITIES

Lighting, Gas, Water, Sewer, Heating

CLEAR CEILING HT

12.416666666666666 Ft

DOCKS

1

DRIVE INS

2

PARKING SPACES

15

LAND DETAILS

LAND ACRES

1.34

LAND SF

58,370

ZONING

General Business

APN/PARCEL ID

AUBN-000220-000000-000038

ASK ABOUT THIS PROPERTY

Michelle GosselinHome At Last RealtyMore Info
207-754-4998

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Michelle GosselinHome At Last RealtyMore Info
207-754-4998

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.