For Sale
$430,000

63 Broad StAuburn, ME 04210

Prime Auburn location, high traffic, income potential.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 5,570 square foot retail building, situated on a 0.13-acre lot at 63 Broad Street in Auburn, Maine (zip code 04210), presents a compelling investment opportunity. Constructed in 1933 and zoned DTC, the property boasts a prominent corner location in the New Auburn neighborhood, enjoying high visibility and significant traffic volume, with an annual average daily traffic count of 10,196 vehicles. A walk score of 77 further underscores its accessibility and desirability. The building currently features a convenience store and includes approximately 2,400 square feet of vacant office/retail space, offering flexibility for a variety of uses. A substantial 4,780 square feet of basement storage space provides ample additional utility. The asking price is $430,000, translating to $77.20 per square foot. Existing tenants are on month-to-month leases below market rate, presenting a clear opportunity to increase rental income. This property is ideally suited for an owner-occupant seeking a high-profile location or an investor looking to capitalize on its strong traffic patterns and rental income potential. The property's location in Androscoggin County offers easy access to major transportation routes and a thriving local community.

Highlights

  • 5,570 SF retail building on a 0.13-acre lot at 63 Broad Street, Auburn, ME 04210.
  • Prominent corner location in New Auburn with high visibility and 10,196 AADT.
  • Built in 1933, DTC zoning, Walk Score of 77.
  • Currently houses a convenience store plus 2,400 SF of vacant office/retail space.
  • Features 4,780 SF of basement storage.
  • Asking price: $430,000 ($77.20/SF); below-market leases offer rental upside.

Property Details for 63 Broad St

Property type
Retail properties, Grocery and convenience stores
Square Feet
5,570 SF
Year Built
1933
Lot Size (sq. ft)
5,663 SF

Location Insight

City
Auburn
County
Androscoggin
State
Maine
Latitude
44.0874131
Longitude
-70.2230974
63 Broad St, Auburn, Maine

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63 Broad St
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