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62 Academy St 13,574 SF Industrial Building Auburn, ME 04210 $750,000 ($55.25/SF)
Investment Highlights
- Large lot with on-site parking and outside storage space
- Quick access to I-95 and surrounding service amenities
- Flexible commercial layout
Executive Summary
62 Academy Street offers a 12,720± SF commercial building on a large lot with convenient access to Interstate 95 and downtown Lewiston and Auburn. The property is well suited for an owner-user seeking a functional facility with flexibility for a variety of commercial uses.
The current tenant is willing to enter into a leaseback arrangement, providing an opportunity for in-place income at closing while a buyer plans for future occupancy. This structure allows the property to work both as an immediate investment and as a longer-term owner-user solution.
The property offers practical utility, solid access, and the ability to accommodate both operational and investment objectives. Additional details are available upon request.
The current tenant is willing to enter into a leaseback arrangement, providing an opportunity for in-place income at closing while a buyer plans for future occupancy. This structure allows the property to work both as an immediate investment and as a longer-term owner-user solution.
The property offers practical utility, solid access, and the ability to accommodate both operational and investment objectives. Additional details are available upon request.
Property Facts
| Price | $750,000 | Rentable Building Area | 13,574 SF |
| Price Per SF | $55.25 | No. Stories | 1 |
| Sale Type | Investment or Owner User | Year Built | 1953 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Warehouse | Parking Ratio | 1.47/1,000 SF |
| Building Class | C | No. Dock-High Doors/Loading | 1 |
| Lot Size | 1.10 AC | No. Drive In / Grade-Level Doors | 1 |
| Zoning | T-4.2 - Traditional Downtown Neighborhood (T-4.2) | ||
| Price | $750,000 |
| Price Per SF | $55.25 |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 1.10 AC |
| Rentable Building Area | 13,574 SF |
| No. Stories | 1 |
| Year Built | 1953 |
| Tenancy | Single |
| Parking Ratio | 1.47/1,000 SF |
| No. Dock-High Doors/Loading | 1 |
| No. Drive In / Grade-Level Doors | 1 |
| Zoning | T-4.2 - Traditional Downtown Neighborhood (T-4.2) |
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Moderately walkable
60/100
Moderately drivable
70/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | AUBN-000230-000000-000152 | Improvements Assessment | $209,000 |
| Land Assessment | $145,600 | Total Assessment | $354,600 |
Property Taxes
Parcel Number
AUBN-000230-000000-000152
Land Assessment
$145,600
Improvements Assessment
$209,000
Total Assessment
$354,600
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62 Academy St
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