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48 S Main St 2,400 SF Retail Building Andover, ME 04216 $525,000 ($218.75/SF)
INVESTMENT HIGHLIGHTS
- recently installed 12,000 lb. lift
EXECUTIVE SUMMARY
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!
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Building Size
2,400 SF
Year Built
2009
Price
$525,000
Price Per SF
$218.75
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
0.93 AC
Zoning
none
Parking
21 Spaces (8.75 Spaces per 1,000 SF Leased)
1 of 46
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48 S Main St
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