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158 Court Street

Auburn

$1,450,000

beds   ·   baths   ·   12,692 sqft   ·   0.23 acres   ·   taxes: $11,379   ·   MLS#: 1677708

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 café/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.

MORE DETAILS

Structure

  • Electric : Circuit Breakers
  • Year Built : 1900
  • Flooring : Carpet, Laminate, Vinyl
  • Roof : Other, Shingle
  • Basement : Full, Unfinished
  • Heating : Gas Natural, Forced Air
  • Cooling : Central Air

Site

  • Water Source : Public
  • Sewer : Public Sewer
  • Zoning : General Business II
Listing provided by Meservier & Associates

Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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Camden Real Estate participates in MREIS' Maine Internet Data Exchange (Maine IDX) program, allowing us to display other Maine IDX Participant's Listings. We have chosen, however, to limit the Listings shown on this page to only those Listings meeting the following criteria: listings in Maine only.


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© Camden Real Estate Company
43 Elm Street
Camden, Maine 04843
207.236.6171
info@camdenre.com
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43 Elm Street Camden, Maine 04843
207.236.6171     info@camdenre.com
   
© Camden Real Estate Company
privacy policy