Listed by The Boulos Company Portland
Unpriced
261 Main St
Details
Property Type Land
Sub Type Commercial
Acreage 0.220
Zoning T4.2 - Traditional Downtown Neighborhood
Ownership City of Auburn
0.22 ACRES | Auburn, ME
Marketing description
0.22± acre City-owned development site. Ideal for mixed use. In close proximity to Auburn City Hall, YMCA, Hilton Garden Inn, TD Bank and the US Post Office. Projects that create a minimum of $2 million in assessable value within the district may be eligible for a Credit Enhancement to assist with development costs. The Auburn City Council has allocated $1 million toward downtown redevelopment projects. A maximum of $250,000 per project is available to assist with substan al development. Pricing negotiable for the right project.
Investment highlights
- Assessor's Ref: Map 231, Lot 04
- Assessed Value: $55,000
- RE Taxes: $1,306.25 (FY 2020/2021)
Listing Contacts
Listed by The Boulos Company Portland
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