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63 Broad St
Auburn, ME 04210
Retail Property For Sale
Investment Highlights
- Accessible to the broader Lewiston-Auburn market.
- Positioned near neighborhood businesses and residential areas.
- Located within Auburn's established New Auburn neighborhood.
- Historic commercial building with adaptable occupancy potential.
- Flexible layout suitable for retail, office, and service users.
- Prominent corner location with strong street visibility.
Executive Summary
Located in the New Auburn Neighborhood, this 5,570 SF property offers high visibility at a busy corner with an Annual Average Daily Traffic of 10,196 and a walk score of 77. The property includes 4,780 SF of basement storage and 2,400± SF of vacant office/retail space suitable for a variety of uses. Current tenants are on below market month-to-month leases, providing potential for rental income adjustments. This versatile property is ideal for an owner occupant seeking a prominent location for their business, or for an investor looking to capitalize on its high visibility and significant foot and vehicle traffic.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
5,570 SF
Building Class
C
Year Built
1933
Price
$390,000
Price Per SF
$70.02
Tenancy
Single
Building Height
1 Story
Building FAR
0.98
Lot Size
0.13 AC
Opportunity Zone
Yes
Zoning
DTC - Commercial
Parking
6 Spaces (1.08 Spaces per 1,000 SF Leased)
Frontage
254’ on Broad St
Property Taxes
| Parcel Number | AUBN-000221-000000-000088 | Improvements Assessment | $234,700 |
| Land Assessment | $81,300 | Total Assessment | $316,000 |
Property Taxes
Parcel Number
AUBN-000221-000000-000088
Land Assessment
$81,300
Improvements Assessment
$234,700
Total Assessment
$316,000
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