688 White School House Rd Madison, ME 04950
For Sale
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This exceptional 5.1-acre commercial property at 688 White School House Road in Madison, ME, presents a unique opportunity for an entrepreneur. The property boasts a well-established used car lot and garage, ready for immediate operation. The existing infrastructure includes a spacious garage with ample storage space, perfectly suited for vehicle maintenance and repair. Adding to its appeal are two recently constructed storage facilities: a 2023 building measuring 18x60 feet, capable of housing six vehicles, and a newer 2024 structure spanning 18x100 feet, with capacity for ten vehicles. This turnkey business offers significant potential for growth and profitability. The total building square footage is 2,112 square feet. The property's expansive acreage provides ample room for expansion, additional storage, or outdoor display areas. This is an ideal opportunity for someone looking to own and operate their own business in a thriving community. The property is priced at $499,000 and is ready for a new owner to take the reins. Don't miss this chance to establish yourself in the automotive industry.
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Morin's Auto Sales Car Dealership
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.