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48 S Main Street, Andover, ME 04216

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For Sale

$525,000

2,400 sqft

Estimated Payment

$      /mo. †

APR for 30 years

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  • Other Residential
    Property type

  • $218.75
    Price per square foot

  • 11-20 Years Old
    Age

Explore this Property

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!
MLS# 1639979

Courtesy Of Fontaine Family - The Real Estate Leader
336 Center St., Auburn, ME 04210
(207) 784-3800

Property Features

  • Age
    11-20 Years Old
  • Exterior Type
    Wood Siding
  • Floor Covering
    Concrete
  • Heating System
    Forced Air
  • Lot Size
    0.93 Acres

Map and Directions

Directions to 48 S Main Street, Andover, ME 04216

Home seller CENTURY 21 Queen City Real Estate

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Monthly Payment Breakdown

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.