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254 Minot Ave
34,976 SF Industrial Building Auburn, ME 04210 $800,000 ($22.87/SF)
INVESTMENT HIGHLIGHTS
- Minot Ave's prime location provides high visibility with a traffic count greater than 12,000 daily & minutes from the Auburn Turnpike Exit.
- Property zoning allows for high-density usage, includes residential, retail, office suites, storage, warehouse use, and more.
- 26,000 square feet of expansive space across its first & second levels, additional 14,000 square feet of functional basement space.
EXECUTIVE SUMMARY
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.
PROPERTY FACTS
AMENITIES
- Property Manager on Site
UTILITIES
- Lighting
- Gas
- Water
- Sewer
- Heating
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
-
- Manufacturing
- -
- -
- Dec 2024
Bob Sullivan, AKA “The Chef”, started Sullivan Tire and Auto Service in 1955 with the aspiration to have a company that treated customers and employees like a member of the family. For over 68 years, Sullivan Tire has been operating with that value, which continues to live on as they are now an employee-owned business. They have continued to grow and serve customers throughout New England. Their business consists of neighborhood auto service facilities, commercial truck centers, retread manufacturing facilities, a tire wholesale division, and a small company that install vehicle lifts all serving the customer the way Bob Sullivan would have wanted. Their distribution network and 200,000 square foot distribution center in Taunton, Mass. allows them to get the right tire for any vehicle at a moment’s notice. Their auto care facilities offer complete auto repair services and are proud to have some of the best Certified Master Technicians and L1 Technicians in the industry.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
|
|
Manufacturing | - | - | Dec 2024 |
PROPERTY TAXES
| Parcel Number | AUBN-000220-000000-000038 | Improvements Assessment | $369,500 |
| Land Assessment | $233,300 | Total Assessment | $602,800 |
PROPERTY TAXES
ZONING
| Zoning Code | General Business |
| General Business |
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254 Minot Ave
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