1779 Washington StAuburn, ME 04210

  • Retail properties
  • 6,480 SF
For Lease
$20/SF/YR View listing

Property Details for 1779 Washington St

Year built
2021
Construction
STEEL FRAME
Lot size
1.25 AC
Property size (Sq ft)
6,480 SF
Property type
Retail properties
Property subtype
Retail space
APN
AUBN M:121 L:001-000-001
APU
AUBNM121L001000001

Description

This exceptional Class A, 9,000 square foot Auburn Marketplace offers 1,500 square feet of immediately available executive office space. Located at 1779 Washington Street South in Auburn, Maine (zip code 04210), this single-story building boasts a prime location within Androscoggin County's thriving General Business (GB) zone. Built in 2021, the property features four total suites, with ample parking (50 spaces) available for tenants and their clients. The minimum divisible space is 1,500 square feet, ideal for businesses seeking a modern and efficient workspace. The entire property sits on a 1.25-acre lot, providing excellent visibility and accessibility. The building's modern design and amenities cater to the needs of today's businesses. This is a multi-tenant building, offering a collaborative and professional environment. Don't miss this opportunity to secure your ideal office space in a vibrant and convenient location. The available space is ready for immediate occupancy. Inquire today to learn more about leasing this exceptional executive office suite.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,574,866
    6.5%
    $1,453,723
    7%
    $1,349,885
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,133,626
    Geo Method
    $2,133,626
  • Alternative Use

    Use
    Valuation
    Residential
    $1,226,270
    Hospitality
    $1,123,256
    Educational
    $934,536
    Medical
    $966,676
    Retail
    $1,453,723
1779 Washington St, Auburn, Maine

Location Insight

City
Auburn
County
Androscoggin
State
Maine
Latitude
44.0386
Longitude
-70.2638
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
$17,670
$178,100
$598,600
$776,700
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-
-
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FAQs

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