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    Andover, ME
    Automotive

    Andover, ME Automotive Properties for Sale

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    Auto Repair Shop with Three Bays
    Updated: Jul 7
    Auto Repair Shop with Three Bays

    48 S Main Street, Andover, ME 04216

    $499,000
    2,400 sqft 0.93 AC lot
    2,400 sq. ft. auto repair shop with 3 garage bays
    Recently installed 12,000 lb. lift
    Alignment equipment included
    0.93‑acre lot at 48 S Main Street, Andover, ME 04216
    Survey and septic design for 2‑3 rental cabins
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    Turnkey Auto Repair Shop
    Updated: Mar 27
    Turnkey Auto Repair Shop

    48 South Main Street, Andover, ME 04216

    $499,000
    2,400 sqft 0.93 AC lot
    Turnkey auto repair business on a 0.93‑acre lot, with a 2,400 sq. ft. shop and three garage bays
    Recently installed 12,000 lb lift and state‑of‑the‑art alignment equipment
    Equipped with a newer 24 kW Generac standby generator
    Rear lot has a survey and septic design in place for 2–3 rental cabins
    Built‑in live‑on‑site potential based on the existing survey and septic design
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Andover, ME, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Four-Bay Auto Shop
    Four-Bay Auto Shop

    70 Essex Avenue, Rumford, ME 04276

    $385,000
    7,157 sqft 0.69 AC lot

    Flexible commercial facility with office areas, substantial shop space, and three-phase power.

    View details
    Auto Shop with Flexible Layout
    Auto Shop with Flexible Layout

    70 Essex Ave, Rumford, ME 04276

    $385,000
    7,157 sqft 0.69 AC lot

    Former auto body facility with office areas, multiple shop spaces, three-phase power, and room for varied commercial operations.

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    Corner Retail Automotive Building
    Corner Retail Automotive Building

    36 Main Street, Mexico, ME 12723

    Contact for pricing
    5,270 sqft

    Highly visible corner lot with two overhead doors and approximately 10 parking spaces, currently a former parts center.

    View details
    Free-Standing NNN Property
    Free-Standing NNN Property

    65 River Rd, Mexico, ME 04257

    Contact for pricing

    The tenant renewed the lease through December 31, 2033, with two additional five-year options and scheduled rent increases.

    View details

    Andover, ME Automotive Properties Market Trends and Statistics

    Explore 2 automotive properties for sale in Andover, ME on our real estate platform. These investment opportunities span a total of 4,800 square feet of properties for sale, with an estimated market value of $998,000.

    Sale prices for automotive businesses in Andover, ME average $499,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Auto shops 2

    Demographics Overview

    Population 602
    Population Growth (5Y) +62.3%
    Median Household Income $44,583
    College Educated 15.5%

    High-Yield Neighborhoods for Investment

    Identify Andover submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    04216 $499K

    Taxes & Financing

    Tax Rate (average for all types) 1.55%
    Property Tax per SF $54.32 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Oxford County

    New Delisted

    Total CRE Inventory on Market (SF)

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