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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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48 South Main St , Andover, ME 04216
$499,000
Est. Payment: $1,108.89/mo
0 Bed
0 Bath
2400 Sqft
Status: Active | Days on site: 135
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2592 - 019435
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House 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.

Highlights

Listed by Chad Doucette , 207-784-3800 Fontaine Family-The Real Estate Leader , 207-784-3800.

Property Type

Commercial Sale

Lot/Acreage
0.93

Year Built

2009

County

Oxford

Listing ID

1656640

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Floor:Concrete
Water:Public

Exterior Features

Zoning:None
Roof:Shingle
Sewer:Private Sewer
Parking Features:21+ Spaces,Garage
Principal Interest
$1,109
Taxes
$294

Home Price

$499,000

Loan Details

30 yrs
%

Down Payment

20%
$99,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,108.89

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,108.89 $294.33 $0.00 $1,403.22
Yearly $13,306.67 $3,532.00 $0.00 $16,838.67
Total $399,200.00 $105,960.00 $0.00 $505,160.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Andover, ME).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.