Auto Repair Shop With
For Sale
$264,500
31 Lakewood Road, Madison, ME 04950
Auto service property with offices, customer reception space, air-conditioned work areas, and a separate insulated building.
Property Size2,080 SF
Days on Market1315
Property Features for 31 Lakewood Road
General Information
Standard status
Active
Size
2,080 SF
Property subtype
Commercial
Additional Details
Service Bays
2
Taxes and HOA fees
Annual Taxes
$1,396
Amenities
offices
customer waiting area
central air
insulated
security system
Building Details
Building Size
2,080 SF
Year Built
1950
Buildings
2
Listing Agency:
Allied Realty
(207) 717-3934
Listed By:
Christopher Morin
(207) 717-3934
Source:
Startpoint
Added: Dec 30, 2022
Changed: Aug 6
Last Checked: Aug 6 at 2:52AM
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 Allied Realty
Investment Insights
Based on property information with market context.
Built in 1950, this auto shop property includes two offices, a customer waiting area, and a service area equipped with two 10,000lb lifts. Central air extends throughout the building, including the work area. Tools are included with the sale, supporting continued automotive service operations.
A second building provides additional automotive functionality and was previously used for auto body repair. The structure is fully insulated and contains an air compressor. A security system is also installed. The property is located at 31 Lakewood Road in Madison, Maine.
A second building provides additional automotive functionality and was previously used for auto body repair. The structure is fully insulated and contains an air compressor. A security system is also installed. The property is located at 31 Lakewood Road in Madison, Maine.
Key Highlights
- Two 10,000lb lifts installed in the service area
- Two offices and a customer waiting area
- Central air throughout, including the work area
Property Analytics
Current Use
Lease Details
2
Service bays
Location Intelligence
Trade Area within ½ mile
54
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 04950, ME
4,726
Population
2,755
Households
1.7
Avg Household Size
46
Median Age
15%
College-Educated
95%
High-School Grad
51.9 sq mi
ZIP Area
91
Density / Sq Mi
$48,750
Median Household Income
$43,668
Median Earnings
$892
Median Rent
$154,300
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
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Similar Off Market Nearby
- VIP Tires & Service — 9 E Madison Rd, Skowhegan, ME 04976
- Prompto 10 Minute Oil Change — 260 Madison Ave, Skowhegan, ME 04976
- Full Auto — 31 Lakewood Rd, Madison, ME 04950
- Walmart Auto Care Centers — 60 Fairgrounds Mkt Pl, Skowhegan, ME 04976
- Brownie's Auto Svc — 31 Lakewood Rd, Madison, ME 04950
Frequently Asked Questions
What type of property is this?
Auto shop - Auto service property with offices, customer reception space, air-conditioned work areas, and a separate insulated building.
Where is this auto shop located?
The property is located at 31 Lakewood Road Madison, ME.
What is the asking price?
The asking price for this property is $264,500.
What are key features of this property?
This property features: Two 10,000lb lifts installed in the service area; Two offices and a customer waiting area; Central air throughout, including the work area
