Winthrop Commercial Automotive Business
1235 US-202 Winthrop, ME 04364
For Sale
$1,675,000
COMMERCIAL - Winthrop, ME
Property Size6,384 SF
Lot Size2.00 Acres
Price / SF$262.37
Days on Market36
Property Features for 1235 US-202
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
General Commercial
Standard status
Active
Size
6,384 SF
Lot size
2.00 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
6865
Utilities
Sewer type
Public Sewer
Water source
Public
Building Details
Year built
2012
Listing Agency:
LAER
(207) 622-2220
Listed By:
John Blouin
(207) 446-7708
Added: Jun 24
Last Checked: Jul 29 at 9:06AM
MLS# 1625027
Copyright © 2026 Maine Listings. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This commercial property offers an exceptional business opportunity with high traffic volume. The 6,384 square foot building houses four enterprises: an automotive repair shop, a paint shop with a paint mixing system, a complete engine rebuilding shop, and a used car and truck sales operation. Since 2012, this establishment has been involved in rebuilding and refinishing numerous classic cars and trucks, utilizing world-class engine rebuilding equipment and specializing in classic car and truck restoration. The combination of these services with vehicle sales creates a potentially lucrative business. The 60 by 100 shop includes three lifts and all necessary tools and equipment for comprehensive automobile restoration. A separate paint shop features a paint booth and paint mixing system, while a dedicated machine shop and the main shop are designed to work together for classic car restoration. Radiant floor heating enhances the workspace. The expansive 2-acre parcel of flat, developed land offers potential for business expansion. The display lot can accommodate over 75 vehicles for sale, with ample space for repair operations. A second-level mezzanine provides an additional 960 square feet of storage space, with potential for further expansion. Three additional buildings on-site, including two office buildings and a storage building, offer versatile usable space. A backlog of restoration work is available to help the new owner get started, and the current owner is willing to assist in the transition.
Key Highlights
- High‑traffic location with over 20,000 cars passing daily, offering excellent visibility and business potential.
- Established business since 2012 with a proven track record in classic car restoration, engine rebuilding, and vehicle sales.
- Fully equipped 6,384 sq ft commercial building housing four integrated enterprises: automotive repair, paint shop, engine rebuilding, and vehicle sales.
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $91.9k | $14.40 |
| − Vacancy | −$3.9k | −$0.60 |
| EGI | $88.1k | $13.80 |
| − OpEx | −$26.4k | −$4.14 |
| NOI | $61.6k | $9.66 |
6,384 SF · lease $14.40/SF/yr · vacancy 4.20% · expense 30.00%
Alternative Uses
Best Use
Industrial
$7.84M
$6.86M – $9.15M
NOI $549,048 @ 7.0% cap · market cap 32.78%
Second Best
Retail
$880.7K
$770.6K – $1.03M
NOI $61,648 @ 7.0% cap · market cap 3.68%
Theoretical Best
Warehouse
$9.52M
$8.33M – $11.11M
NOI $666,702 @ 7.0% cap · market cap 39.80%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Similar Off Market Nearby
- Parks Automotive — 138 main st, winthrop, me 04364
- Parks Performance — 138 Main St, Winthrop, ME 04364
- NAPA AutoCare Center — Winthrop, ME 04364
- Promenders — 47 Main St, Winthrop, ME 04364
- Dyer's Auto Glass — 362 ME-133, Winthrop, ME 04364
Frequently Asked Questions
What type of property is this?
Auto shop - Commercial building with automotive repair, paint, engine, and sales enterprises.
Where is this auto shop located?
The property is located at 1235 US-202 Winthrop, ME.
What is the asking price?
The asking price for this property is $1,675,000.
What are key features of this property?
This property features: High‑traffic location with over 20,000 cars passing daily, offering excellent visibility and business potential.; Established business since 2012 with a proven track record in classic car restoration, engine rebuilding, and vehicle sales.; **Fully equipped 6,384 sq ft commercial building** housing four integrated enterprises: automotive repair, paint shop, engine rebuilding, and vehicle sales.
