Convenience Store with Gas
1 Oliver Hill Road, Garland, ME 04939
For Sale
$374,900
The operation also includes a post office and commercial-grade kitchen equipment.
Property Size2,630 SF
Price / SF$142.55
Days on Market422
Property Features for 1 Oliver Hill Road
General Information
Standard status
Size
Property subtype
Zoning
Automotive
Automotive Uses
Convenience Store
Additional Details
Business Included
Currently Operating
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Listing Agency:
Keller Williams Realty
(207) 879-9800
Listed By:
Brian DuBois · License ME BA918608
(207) 333-9019
Source:
Integrityhomesrealestategroup
Added: Sep 19, 2025
Changed: Nov 11
Last Checked: Nov 13 at 7:10PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty
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Investment Insights
Based on property information with market context.
Garland Country Store is a 2,630-square-foot convenience retail property with a gas station and post office. Recent improvements include new siding, roofing, ceiling tiles, lighting, and heat pumps. Commercial-grade kitchen equipment is included in the sale, and inventory is negotiable.
The property at 1 Oliver Hill Road in Garland is near snowmobile and ATV trails and the Garland Pond boat launch. It is zoned Rural.
The property at 1 Oliver Hill Road in Garland is near snowmobile and ATV trails and the Garland Pond boat launch. It is zoned Rural.
Key Highlights
- 2,630‑square‑foot convenience store with gas station and post office
- Recent improvements include siding, roof, ceiling tiles, lighting, and heat pumps
- Commercial‑grade kitchen equipment included in the sale
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,004
Cap Rate
5.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$440,080
$440.1K
Cap Rate 7%
$314,343
$314.3K
Cap Rate 9%
$244,489
$244.5K
Market Conditions
NOI Build-Up for 2,630 SF
Gross rent
$37.9K $14.40/SF
− Vacancy
−$6.4K −$2.45/SF
EGI
$31.4K $11.95/SF
− OpEx
−$9.4K −$3.59/SF
NOI
$22.0K $8.37/SF
Area
Penobscot County, ME
Vacancy
17.00%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$440,080
Cap Rate 7%
$314,343
Cap Rate 9%
$244,489
Alternative Uses
Best Use
Specialty Retail
$511.8K
$447.9K – $597.1K
NOI $35,828 @ 7.0% cap · market cap 9.56%
Second Best
Retail
$314.3K
$275.1K – $366.7K
NOI $22,004 @ 7.0% cap · market cap 5.87%
Theoretical Best
Office A
$849.4K
$743.2K – $991.0K
NOI $59,459 @ 7.0% cap · market cap 15.86%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
15
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 04939, ME
1,026
Population
454
Households
2.3
Avg Household Size
50
Median Age
19%
College-Educated
86%
High-School Grad
37.7 sq mi
ZIP Area
27
Density / Sq Mi
$53,083
Median Household Income
$36,923
Median Earnings
$909
Median Rent
$145,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Grocery and convenience store - The operation also includes a post office and commercial-grade kitchen equipment.
Where is this grocery and convenience store located?
The property is located at 1 Oliver Hill Road Garland, ME.
What is the asking price?
The asking price for this property is $374,900.
What are key features of this property?
This property features: 2,630‑square‑foot convenience store with gas station and post office; Recent improvements include siding, roof, ceiling tiles, lighting, and heat pumps; Commercial‑grade kitchen equipment included in the sale
