Automotive

Andover, ME Automotive Properties for Sale

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Equipped Auto Repair Shop
Updated: Oct 8
Equipped Auto Repair Shop

48 S Main Street, Andover, ME 04216

$499,000
2,400 sqft 0.93 AC lot
2,400‑square‑foot shop with three garage bays
12,000 lb. vehicle lift and alignment equipment
0.93‑acre lot with survey and septic design for 2‑3 rental cabins
24 kW Generac standby generator
Built in 2009; public water and private sewer
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Turnkey Auto Repair Shop
Updated: Jul 16
Turnkey Auto Repair Shop

48 S 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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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.

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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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Permitted Automotive Property
Permitted Automotive Property

85 Holman Road, Dixfield, ME 04224

$385,000
528 sqft 26.78 AC lot

Automotive yard with current permits in place and a substantial land area.

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Permitted Automotive Property
Permitted Automotive Property

85 Holman Road, Dixfield, ME 04224

$385,000
528 sqft 26.78 AC lot

Current permits are in place for the existing automotive graveyard operation.

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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