637 Minot AveAuburn, ME 04210
- Office buildings
- 8,719 SF
Property Details for 637 Minot Ave
- Year built
- 1988
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.79 AC
- Property size (Sq ft)
- 8,719 SF
- Property type
- Office buildings
- APN
- AUBN M:208 L:060
- APU
- AUBNM208L060
Description
This exceptional Class A medical office building, located at 637 Minot Ave in Auburn, Maine, presents a unique leasing opportunity. The single-tenant property boasts a total of 8,719 square feet, currently entirely vacant and ready for immediate occupancy. The building is a single-story structure, offering convenient access and ample space for a variety of medical practices. Its zoning classification is GBII - General Business II, allowing for a range of permitted uses. The property's address is 637 Minot Ave, Auburn, ME 04210, situated in Androscoggin County. The building's Asset Property Number (APN) is 01010_208-060. This prime location offers excellent visibility and accessibility for patients and staff. The property is classified as both Retail and Office, specifically designated as a Medical Office building, making it ideal for a variety of healthcare providers. The building's size and layout provide flexibility for customization to meet specific needs. This is a rare opportunity to secure a substantial, high-quality medical office space in a desirable location. The property is available for lease and offers a blank canvas for a thriving medical practice. Interested parties should inquire promptly to secure this exceptional opportunity.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,441,511
- 6.5%
- $1,330,626
- 7%
- $1,235,581
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,139,224
- Geo Method
- $1,139,224
-
Alternative Use
- Use
- Valuation
- Residential
- $1,649,976
- Hospitality
- $1,511,369
- Educational
- $1,257,441
- Medical
- $1,300,687
- Retail
- $1,956,020
Location Insight
- City
- Auburn
- County
- Androscoggin
- State
- Maine
- Latitude
- 44.0827
- Longitude
- -70.252
- CBSA code
- 30340
- CBSA name
- LEWISTON-AUBURN, ME METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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