48 S Main St - Auto Repair FOR SALE


Andover, ME 04216
$525,000 USD
207-576-3798
48 S Main St, Andover, ME for Sale
$525,000 USD
Auto Repair - FOR SALE
1/53
null | Request Cap Rate

48 S Main St
Andover, ME 04216


OVERVIEW

Turnkey Auto Repair Shop with Expansion & Live-On-Site Potential! Opportunities like this don't come around often. Step into ownership with this thriving, fully-equipped auto repair business set on nearly an acre of high-visibility land. This turn-key operation features a spacious 2,400 sq. ft. shop with three garage bays, highlighted by a recently installed 12,000 lb. lift and state-of-the-art alignment equipment--both of which have already driven a noticeable increase in business volume. Positioned for continued growth, the business offers clear upside through extended hours, additional services, or scaling existing operations. The 0.93-acre lot provides excellent accessibility and exposure, making it an ideal location for both repeat customers and new traffic. What truly sets this property apart is the built-in expansion potential. The rear portion of the lot already has a survey and septic design in place for 2-3 rental cabins, creating an exciting opportunity for additional income streams. Even more compelling, that same infrastructure opens the door for an owner-operator to potentially build and live on-site--offering convenience, cost savings, and a true live/work lifestyle. For added peace of mind, the property is equipped with a newer 24 kW Generac standby generator, ensuring uninterrupted operations no matter the conditions. Whether you're a seasoned mechanic ready to own your own shop or an investor seeking a versatile, income-producing property with multiple growth avenues, this offering checks all the boxes. Don't miss your chance to take over a successful business with real upside--and make it your own.

FOR SALE DETAILS

PRICE

$525,000 USD

PRICE/SF

$219 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

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
207-576-3798

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Crystal Fontaine-BergeronFontaine Family - The Real Estate LeaderMore Info
207-576-3798

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