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41 Third StreetAuburn, ME 04210Price: $199,900

  • Price: $199,900
  • Est. Mortgage of $/month
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$
%
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Federal 30-year interest rate: 3.05% last updated on Oct 14, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $199,900List Price
  • 2Bathrooms
  • 0.11Acreage
  • 2,070Square Feet
Pending

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Listed by Maine Source Realty
This building is situated in the heart of one of Auburn's best known historic neighborhoods which is undergoing revitalization with increased public and private investments. Linked to Auburn's history, this property was part of an area decimated in the Spring of 1933 by one of the largest fires ever in Maine. In the fall of 1933, an industrious local shop owner secured a building permit for a four-story brick building. However, with the Great Depression underway, he only built the two stories in place now. Opened in 1933 as Reny's Market, it was one of the first grocery stores to open after the fire to support the rebirth of a neighborhood.A few decades later, under new ownership, it became the first Post Office in the New Auburn neighborhood under a contract with the shop then known as Doyon's Market. It's run as a storefront came to an end in the 1980's as an owner converted the storefront into a studio apartment, which it remains to this day. A number of amenities are less than one-tenth of a mile from this property, including a full-service neighborhood grocery store, a neighborhood pub, and one of Auburn's most popular diners. For those looking for urban recreation, a signature park recently built at the confluence of the Little Androscoggin and Androscoggin Rivers and its accompanying fishing and paddling access are also one-tenth of a mile from your front door. Located in the center of an area targeted for redevelopment with new restaurants and businesses planned within a two-block radius, this property is now within Auburn's form-based code area of downtown, creating greater flexibility for use of the former commercial storefront (now studio apartment) as well as the ability to add additional floors in the future should the owner choose. The concrete footings poured expecting to support a much taller building still exist. A city street reconstruction project to be completed in the spring of 2022 will bring a large grassed esplanade with street tree

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Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, non commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. ©2021 Maine Real Estate Information System, Inc. All Rights Reserved. equal opportunity housing logo   Privacy Policy

Sunset Lakes Real Estate participates in ©2021 Maine Listings Internet Data Exchange program, allowing us to display other Maine IDX Participants' listings. This website does not display complete listings. Certain listings of other real estate brokerage firms have been excluded. Mortgage figures are estimates. Check with your bank or proposed mortgage company for actual interest rates. This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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