158 Court Street, Auburn, ME 04210
sale
$1,450,000
|
Other
Courtesy Of Meservier & Associates
220 Main Street, Auburn, ME 04210
158 Court Street/154 Court Street & 65 Pleasant Street in Auburn, Maine A rare opportunity to own a piece of Auburn history while investing in its future. This mixed-use portfolio offers approximately 10,000 square feet across two buildings plus an additional vacant parcel, with 9 total rental units and steady income already in place. The centerpiece is Auburn's historic Engine House, a late-1800s former fire station now home to a variety of commercial tenants. The second building adds a storefront and spacious residential unit, creating a diversified mix of commercial and residential income. One vacant caf/flex space at 158 Court is ready for its next opportunity. Current rents are well below market, offering significant potential to increase revenue over time. The additional vacant parcel may also provide future mixed-use development potential, subject to municipal approvals and site feasibility. With established income, room for rent growth, development potential, and unmistakable historic character, this is a unique opportunity to invest in one of Auburn's most distinctive properties.
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Property Features
- Age: Over 50 Years Old
- Amenities: Basement
- Building Units: 9
- Cooling System: Central Air
- Exterior Type: Brick
- Exterior Type: Masonry
- Floor Covering: Vinyl
- Floor Covering: Laminate
- Floor Covering: Carpet
- Heating System: Forced Air
- Heating System: Natural Gas
- MLSID: 1677708
- Roof Type: Shingle
- Rooms: Basement
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