61 River RdAuburn, ME 04210

  • Other commercial real estate
  • 11,100 SF
For Lease

Property Details for 61 River Rd

Year built
1966
Construction
STEEL FRAME
Lot size
3.36 AC
Property size (Sq ft)
11,100 SF
Property type
Other commercial real estate
APN
AUBN M:261 L:056
APU
AUBNM261L056

Description

This exceptional 5,000-square-foot commercial property at 61 North River Road in Auburn, Maine, presents a unique investment opportunity. Situated on a sizable 1.68-acre lot, this single-story building offers flexible space ideal for a variety of retail or restaurant uses. Currently, the entire 5,000 square feet is available for lease, with a minimum divisible space of 2,500 square feet. Businesses seeking a larger footprint can lease the entire contiguous space. The property's zoning is General Business, allowing for diverse commercial applications. The building's address is 61 North River Road, Auburn, ME 04210, and its APN is 01010_261-056. This location provides excellent visibility and accessibility, making it an attractive option for businesses seeking high foot traffic. The property is categorized as mixed-use, retail-pad, and street retail, reflecting its versatility and potential. The property is also suitable for tavern/bar/nightclub uses, subject to all applicable licensing and regulations. This is a rare opportunity to secure a substantial commercial space in a desirable Maine location. Contact us today to learn more about leasing this prime retail property.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $2,100,554
    Hospitality
    $1,924,096
    Educational
    $1,600,826
    Medical
    $1,655,880
    Retail
    $2,490,173
61 River Rd, Auburn, Maine

Location Insight

City
Auburn
County
Androscoggin
State
Maine
Latitude
44.1076
Longitude
-70.224
CBSA code
30340
CBSA name
LEWISTON-AUBURN, ME METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$4,857
$49,900
$163,600
$213,500
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FAQs

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