Auburn Mall 550 Center St 344,369 SF 83% Leased Retail Building Auburn, ME 04210 $9,500,000 ($27.59/SF)

The Boulos Company is pleased to offer a rare opportunity to purchase, and perhaps redevelop, one of the largest retail sites just north of Portland, Maine, in the second largest population area in the state of Maine.
The Auburn Mall is one of four enclosed malls in the State. The Mall consists of approximately, 30 acres improved with a 344,369± GBA enclosed Mall plus one existing outparcel with approximately 318,786 total leasable square feet. The Mall is anchored by J.C. Penney, who occupies 97,133± SF, who has been the primary anchor of the mall since it was developed in 1979. The Mall has a secondary anchored box of 59,941±SF which was most recently occupied by TD Bank. TD vacated their space in December 2024. This vacancy provides an opportunity to redevelop the west end of the Auburn Mall parcel including the TD box and some adjacent enclosed mall space.
Notable tenants within the Mall include, J.C. Penney, Bath & Body Works, Game Zone, Spencer's, Photo Finish, Super Shoes, GNC, Thatcher's Restaurant, and Miller Fitness.
In addition to the enclosed Mall, itself, the Mall property includes one outparcel and a former bank branch of 3,752± SF located to the rear of the property. The former bank branch is leased to a cannabis retailer who is currently a TAW. Site plan approvals are in place for the development of four additional outparcels along Center Street and Mt. Auburn Ave.
A redevelopment of the west end area of the Auburn Mall could make way for a number of notable retailers and grocery stores such as Costco, Market Basket, Hannaford, Aldi's, and others. Other notable surrounding retailers in the area include Walmart, Target, Lowe’s, Home Depot, Kohl’s, Hobby Lobby and Shaw’s Supermarket, to name a few.
Don’t miss this rare opportunity to acquire one of the largest and most viable retail sites within southern Maine.