For Sale
Call for price

15 Academy StAuburn, ME 04210

1.11-acre prime commercial land, ideal mixed-use.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 1.11-acre commercial land parcel, located at 15 Academy Street in Auburn, Maine (zip code 04210), presents a unique development opportunity. Zoned DE - Downtown Enterprise, this city-owned property offers significant potential for mixed-use projects. Its strategic location places it in close proximity to key amenities and infrastructure, including Auburn City Hall, the YMCA, Hilton Garden Inn, TD Bank, and the US Post Office. The site's high visibility and accessibility make it an attractive proposition for developers seeking to capitalize on Auburn's growing downtown area. Furthermore, developers of projects generating at least $2 million in assessed value within the district may qualify for a credit enhancement program designed to offset development costs. The Auburn City Council has committed $1 million to downtown redevelopment initiatives, with a maximum of $250,000 available per project to support substantial development efforts. The pricing for this exceptional property is negotiable, making it an attractive investment for the right project. This is a rare chance to acquire a significant piece of land in a thriving Maine community. Serious inquiries are encouraged.

Highlights

  • 1.11± acre city-owned development site.
  • Ideal for mixed-use development.
  • Excellent location near Auburn City Hall, YMCA, Hilton Garden Inn, TD Bank, and US Post Office.
  • Development projects generating at least $2 million in assessed value may qualify for development cost assistance.
  • $1 million in city funds allocated for downtown redevelopment.
  • Up to $250,000 in development assistance available per project.

Property Details for 15 Academy St

Property type
Land
Lot Size (sq. ft)
48,352 SF

Location Insight

City
Auburn
County
Androscoggin
State
Maine
Latitude
44.0929
Longitude
-70.227147
15 Academy St, Auburn, Maine

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
15 Academy St
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message