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    44 Main St Albion, ME 04910

    For Sale
    $189,900

    Turn-key business, high traffic location. Fuel pumps & 2400 sq ft.

    Property size:
    2,400 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    314
    This exceptional mixed-use property, located at 44 Main Street in the vibrant town of Albion, Maine, presents a unique investment opportunity. The 2,400 square foot building sits on a one-acre lot and is currently operating as a well-established auto parts store. The business is turn-key and could continue operations as is, potentially under an independent arrangement or through negotiation with CarQuest. However, the property's versatile nature allows for a seamless transition to other commercial uses, such as a convenience store, or any other suitable business model. A significant advantage is the recently updated and certified fuel tanks and pumps, a key feature that attracts considerable attention, particularly from antique car enthusiasts, and contributes to the property's strong local appeal. This prime Main Street location ensures high visibility and accessibility, making it an ideal investment for entrepreneurs seeking a profitable venture in a thriving community. The property offers substantial potential for growth and return on investment, making it a compelling opportunity for discerning buyers. The one-acre lot provides ample space for potential expansion or future development. This is a rare chance to acquire a well-established business with significant upside potential in a desirable Maine location.

    Property Features for 44 Main St

    General Information

    Property type
    Mixed-use properties
    Square Feet
    2,400 SF
    Lot Size
    43,560 SF

    Building Details

    Year Built
    1940
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Carquest Auto Parts ... Auto Parts Store

    Suggested Use

    Spa & Massage Dental Office Auto Repair Shop Hair Salon Nail Salon Pharmacy Auto Parts Store Kitchen & Bath Food Market Storage Facility

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Albion
    County
    Kennebec
    State
    Maine
    Longitude
    -69.43796
    Latitude
    44.53314

    Nearby Comparable

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      2,058 SF

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      257 Pleasant View Ridge Rd, China, ME 04358
      View Details
    • $265,000
      2,918,520.00 Acres

      Expansive Land with China Lake Views

      67-acre lot ideal for farming, homesteading, or development.
      68 Parmenter Ter, China, ME 04358
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    FAQs

    What type of property is this?
    Mixed-use property - Turn-key business, high traffic location. Fuel pumps & 2400 sq ft.
    Where is this mixed-use property located?
    The property is located at 44 Main St Albion, ME.
    What is the asking price?
    The asking price for this property is $189,900.
    (207) 942-8261
    Request Owner's contact information
    44 Main St Albion, ME 04910
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    Albion, ME 04910
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    44 Main St Albion, ME 04910
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