254 Minot Avenue, Auburn, ME, 04210 | $999,000

We are pleased to offer an exceptional investment opportunity with the sale of an iconic building that once housed the Maine Baking Company, and over the years, it has been home to Benson & Sullivan Candy Distribution, Selzer and Rydholm, and most recently, Stratham Tire.

The building offers over 26, 000 square feet of expansive space across its first and second levels, complemented by an additional 14, 000 square feet of functional basement space. This building also includes public water & sewer, natural gas, full dry sprinkler system, industrial elevator, four garage bays, two loading docks and an oversized parking lot in rear of building.

The property's zoning allows for high-density usage, which includes residential, retail, office suites, storage, warehouse use, and more. Given the increased demand for housing, a condo conversion could be an appealing and profitable option.

Minot Ave's prime location provides high visibility and accessibility, with a traffic count greater than 12, 000 daily and minutes from the Auburn Turnpike exit. It is situated in a bustling area that offers numerous amenities, such as restaurants, shopping centers, local businesses, healthcare and access to a highly sought-after school district. This makes the building an excellent investment for anyone looking to capitalize on the growth and potential of downtown Auburn, Maine.

Features

  • Property Type: Industrial
  • Construction: Brick, Masonry
  • Parking: Gravel, 21+ Spaces, On Site, Off Street
  • Heating: Radiator, Multi-Zones, Hot Water, Blowers
  • Cooling: None
  • Amenities: Storage
  • Zoning: General Business
  • Year Built: 1915
  • Approx Sq. Feet: 47,295
  • Acreage: 1.34
  • Est. Taxes: $13,714
  • Lot Desc: Public Transport Access, Near Turnpike/Interstate, Business District, Near Shopping
  • MLS#: 1597110
  • Website: https://www.raveis.com
    /prop/1597110/254minotavenue_auburn_me?source=qrflyer
Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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Listing courtesy of Maine Real Estate Co

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