About This Home

This 0-bedroom, 0-bathroom commercial at 48 S Main Street in Andover, ME is listed for $499,000 ($208 per sqft). Built in 2009, the home offers 2,400 sqft of living space on a 0.93 acres lot.

Key Features

  • Built in 2009
  • 0.93 acre lot

Property Details

2009
Listing Description

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.

Monthly Cost Estimate

$2,669/mo

20% down · 6.5% · 30 years

Principal$361
Interest$2,162
Insurance$146

Estimates only. Actual payments may vary.

Location

48 S Main Street

Andover, ME 04216

Property Details

Flooring

Concrete

Construction

Wood Frame Wood Siding

Heating

Propane (Heating)Forced AirOil

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 48 S Main Street is listed at $499,000 ($208/sqft). The estimated monthly payment is $2,669 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 2009, 0.93 acre lot.

This property is listed by Chad Doucette.

CD

Chad Doucette

Agent at Fontaine Family - The Real Estate Leader

Listed by Fontaine Family - The Real Estate Leader · Broker phone: (207) 784-3800 · View on Broker Site · Broker website

MLS# 1683610· Source: Maine Listings· 3 days on PropertySimple

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48 S Main Street, Andover, ME 04216

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