48 S Main St - Retail FOR SALE


Andover, ME 04216
$525,000 USD
207-784-3800
48 S Main St, Andover, ME for Sale
$525,000 USD
Retail - FOR SALE
1/45
null | Request Cap Rate

48 S Main St
Andover, ME 04216


HIGHLIGHTS

  • recently installed 12,000 lb. lift

OVERVIEW

Turnkey Auto Repair Shop with expansion potential! Rare opportunity to own a thriving, fully-equipped auto repair business on nearly an acre of land! This turn-key operation features a spacious 2,400 sq ft. building with 3 garage bays, including a recently installed 12,000 lb. lift. The Seller also recently added state of the art vehicle alignment equipment that has significantly increased business volume. The shop is well-positioned with room for continued growth through extended hours and additional services. The property sits on .93 acres offering excellent visibility and accessibility. Beyond the existing shop, the back portion of the lot presents an exciting investment opportunity: a survey and septic design are already in place for 2-3 rental cabins, providing potential for additional income streams. For buyer peace of mind there is a newer 24 kw generac stand-by generator to insure business never stops, even in the worst weather. Whether you're an established mechanic looking to step into ownership or an investor seeking a profitable, diversified property, this location is primed for success. Don't miss out on this chance to own a growing business with built-in expansion potential!

FOR SALE DETAILS

PRICE

$525,000 USD

PRICE/SF

$219 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Auto Dealership, Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2009

SPRINKLERS

-

PARKING SPACES

21

LAND DETAILS

LAND ACRES

0.93 AC

LAND SF

40,511 SF

ZONING

none

APN/PARCEL ID

ANDR-000016-000000-000031

ASK ABOUT THIS PROPERTY

Crystal Fontaine-BergeronFontaine Family - The Real Estate LeaderMore Info
207-784-3800

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Crystal Fontaine-BergeronFontaine Family - The Real Estate LeaderMore Info
207-784-3800

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.