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27293096
27293093

637 Minot Avenue, Auburn, ME 04210

ML
ME ME BA919536
CENTURY 21 North East
Listed by CENTURY 21 North East
$600,000
247 days on market
Updated 34 days ago

637 Minot Avenue

Details
Property Type Special Purpose
Sub Type Other
Square Footage 8,719
Units 1
Broker Co-Op Yes
Buildings 1
Stories 1
Acreage 0.790
Zoning GBII
Ceiling Height 20ft

Flexible Single or Multi Use Space - MANY USES Medical / Wellness / Office / Retail

Marketing description

MOTIVATED SELLER Flexible Medical / Wellness / Office / Retail 3,176-8,719± SF | Open-plan flex building. Bring your vision to life in this versatile 3,176 to 8,719± SF flex building--ideal for retail, mechanical, showroom, daycare, medical, wellness, office, fitness, education, or showroom uses. An open floor plan makes space planning easy, while an existing 60' × 25' indoor (4ft deep) pool unlocks specialty opportunities (aquatic therapy, training, or conversion to additional floor area. This pool can be filled in if not needed. Join a proven corridor of destination businesses including Central Maine Orthopedics, Taylor Brook Animal Hospital, and Auburn Chiropractic, with strong visibility and an average daily traffic count of 15,500 (ME DOT). Tenants and clients will love the private entrance and free, dedicated parking. Own the whole building and rent out a partially completed area with separate space and it's own entrance. Built for peace of mind and efficiency: fire and security systems, wet sprinkler system, municipal water/sewer, and natural gas are in place. General Business II zoning supports a wide range of commercial uses.

Investment highlights

Why Auburn, Maine Is Attractive for Business Owners

Location & Regional Advantage

Auburn sits at the center of the Lewiston–Auburn (L/A) metro, Maine’s second-largest economic hub.

Key advantages:

  • Direct access to Route 202, Route 4, Route 11, and I-95

  • Central reach to Greater Portland, Augusta, and Western Maine

  • Draws customers from Androscoggin, Oxford, Franklin, and Cumberland counties

This makes Auburn ideal for destination-based businesses, service businesses, and regional employers.


Lower Cost of Doing Business

Compared to Southern Maine and Greater Portland, Auburn offers:

  • Lower commercial real estate prices

  • More affordable land for development or expansion

  • Lower average lease rates for retail, industrial, and flex space

  • Competitive labor costs

This creates higher margins and lower break-even points, especially important for startups or growing businesses.


Pro-Business City & Economic Development Support

Auburn is widely regarded as one of Maine’s most business-friendly municipalities.

City support includes:

  • An active Economic Development Department

  • Assistance with site selection and permitting

  • Willingness to work with developers and entrepreneurs

  • Support for redevelopment, adaptive reuse, and job creation

This collaborative approach reduces friction during permitting, zoning, and expansion.


Strong Workforce & Community Loyalty

The L/A area has:

  • A large, stable workforce

  • Strong blue-collar, skilled trades, healthcare, and service sectors

  • Community loyalty to locally owned businesses

Businesses in Auburn often benefit from:

  • Long-term employees

  • Repeat customers

  • Strong word-of-mouth marketing


Diverse & Resilient Local Economy

Auburn’s economy is not dependent on one industry, which helps stabilize business performance.

Major sectors include:

  • Manufacturing & light industrial

  • Healthcare

  • Education

  • Distribution & logistics

  • Retail & service businesses

  • Growing recreation & tourism base

This diversity makes Auburn more recession-resilient than many smaller markets.


Growth, Revitalization & Investment Momentum

Auburn has seen:

  • Downtown reinvestment

  • Mill and warehouse redevelopment

  • New residential and mixed-use projects

  • Increased demand for family-oriented services, recreation, and health-focused businesses

For owners, this means:

  • Appreciation potential

  • Early-mover advantage in underserved niches

  • Opportunity to anchor growing neighborhoods


Tax & Incentive Opportunities

While specifics vary by project, Auburn businesses may benefit from:

  • Local and state economic development programs

  • Tax Increment Financing (TIF) for qualifying developments

  • Workforce training assistance

  • Redevelopment and infrastructure support

These tools can significantly improve project feasibility and returns.


Quality of Life = Talent Retention

Auburn offers:

  • Lower cost of living than Southern Maine

  • Access to lakes, trails, skiing, and outdoor recreation

  • Strong schools and family-friendly neighborhoods

For business owners, this translates into:

  • Easier employee recruitment

  • Better retention

  • Owners can live where they work without Southern Maine pricing pressure


Bottom Line

Owning a business in Auburn offers a rare combination of:

✔ Strategic regional access
✔ Lower operating and real estate costs
✔ Pro-business municipal support
✔ Stable workforce
✔ Community loyalty
✔ Growth and appreciation potential

It’s particularly well-suited for service businesses, recreation, healthcare, light industrial, and destination-based uses.

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Listing Contacts

ML
ME ME BA919536
CENTURY 21 North East
Listed by CENTURY 21 North East

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Additional Information

Name
Michelle Libby
License
ME BA919536
Brokerage
Century 21
Brokerage Phone
207-749-4995
Title
Realtor, Team Leader
Brokerage Address
251 U.S. 1
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