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410 Center St
Auburn, ME 04210

Multi-Tenant | Drive-thru | High Traffic · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
16,800 SF
Building Class
C
Year Built
2017
Tenancy
Multiple
Number of Floors
1
Slab to Slab
10 ft
Building FAR
0.32
Lot Size
1.20 AC
Zoning
GB - General Business
Parking
48 Spaces (5.58 Spaces per 1,000 SF Leased)
Frontage
170 ft on Center St

About 410 Center St , Auburn, ME 04210

Close Proximity to Downtown Lewiston and Major Economic Drivers oDowntown Lewiston is easily accessible via Memorial Bridge which is immediately to the North of the Property or Court Street to the South. oThe Property sits +/- two miles from major economic drivers such as Bates College, St. Mary’s Regional Medical Center (233 bed hospital), Central Maine Medical Center (250 Bed Hospital); Hilton Garden Inn; Hampton Inn; Farewell Elementary School; and Lewiston High School. oThe Property is also in close proximity to numerous car dealerships and local businesses. Intrinsic Value of Real Estate – Excellent Access and Visibility oThe Property is located on the corner of Center Street and Dartmouth Streets, providing easy and convenient access via two ingress/egress points. oCenter Street (ME Route 4) is a major north/south artery that runs through central Maine. The Property experiences visibility to over 24,000 vehicles per day. oSituated on a large 1.22 Acre Parcel, the Property has roughly 50% more parking than required by code, the Property also boasts a drive-up window enabling a larger pool of prospective tenants were Krispy Kreme to vacate. Situated amongst other National Tenants oThe Property is neighbored by number of national tenants and is just a half-mile from several shopping centers anchored by Walmart, Home Depot, Shaw’s Supermarket, Lowes, Kohls, Hobby Lobby, Big Lots, Harbor Freight Tools, Flagship Cinemas, Planet Fitness, and Others. Triple-Net Leases with National Brand Tenants oThe Property is currently over 78% leased to Krispy Kreme Donuts, Firehouse Subs, and Cricket Wireless – all of which are national brand tenants. Seller will Master Lease the remaining space for a period of one year following the sale. Please contact broker regarding interest/negotiations in remaining space. High Barriers to Entry oThe Property is located in Auburn, Maine and is part of an assemblage of three commercial and residential Properties. Due to the nature of the project, the Developer required approval of the City Planning Board.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
AUBN-000271-000000-000050
Land Assessment
£293,416
Improvements Assessment
£687,550
Total Assessment
£980,966
  • Listing ID: 12487993

  • Date on Market: 07/05/2018

  • Last Updated:

  • Address: 410 Center St, Auburn, ME 04210

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