Center St Commercial/ Redevelopment Opp 2 Properties Offered at $964,586 CAD in Auburn, ME

This portfolio presents a unique investment opportunity in Auburn’s primary commercial corridor along Center Street, a major arterial with strong traffic counts. The offering combines a freestanding office/retail property at 555 Center Street with an income-producing residential building at 551 Center Street, both zoned to allow commercial use. This configuration provides immediate cash flow potential with long-term upside, given its strategic zoning flexibility and frontage on one of Auburn’s busiest thoroughfares.
The properties are centrally positioned near Auburn’s retail, dining, and service hubs, benefiting from direct access to Route 4 and quick connectivity to Interstate 95. The immediate trade area includes national retailers, hospitality chains, and financial institutions, ensuring daily consumer activity and market stability. Downtown Auburn and neighboring Lewiston are within minutes, expanding the employment and consumer base. Optional inclusion of an additional residential property on Bradman Street presents an add-on for increased portfolio scale and rental income, priced at a premium for comprehensive control of this micro-market location.
This is a versatile acquisition for investors seeking stable returns with significant redevelopment or repositioning optionality in an emerging growth corridor of Androscoggin County.