About this home
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.
Listing last checked: Listing updated:
Listed by Listing Agent · Meservier & Associates · MLS #1677708
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Details at a glance
Interior3 property facts
- Heating
- Forced Air
- Cooling
- Central Air
- Flooring
- Carpet, Laminate, Vinyl
Building4 property facts
- Style
- Mixed Use
- Year built
- 1900
- Foundation
- Stone
- Roof
- Other, Shingle
Land & utilities4 property facts
- Lot size
- 0.23 acres
- Water
- Public
- Sewer
- Public Sewer
- Zoning
- General Business II
Financial2 property facts
- Annual taxes
- $11,379
- Assessment year
- 2025
Location
Estimated monthly cost
Explore costs at the $1,450,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$8,280 / monthAdjust
- Principal & interest
- $7,332
- Property tax
- $948
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $11,379. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.
Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
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About 158 Court Street
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Request a tour of 158 Court Street and a Bean Group agent will help coordinate an available time with the listing side.
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Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.
Are property documents available?
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