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Automotive Property with Service Bays
For Sale
$1,395,000

1340 Atlantic Highway, Waldoboro, ME 04572

A cleared outdoor area provides space for vehicle storage and parking alongside the main building.

Property Size10,000 SF
Days on Market13

Property Features for 1340 Atlantic Highway

General Information

Standard status Active
Size 10,000 SF
Property subtype Retail

Building Details

Building Size 10,000 SF
Year Built 1960
Listing Agency: The Boulos Company
Listed By: Roy Donnelly · License #BA927223
Source: Boulos
Added: Sep 30 Last Checked: Oct 11 at 5:07AM

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 The Boulos Company

Investment Insights

Based on property information with market context.

This automotive property includes a 7,000± square foot main building with five service bays and a separate 3,000± square foot storage area. The building dates to 1960 and previously housed a Chevrolet dealership. A cleared 1.5±-acre area supports laydown and parking uses.

The property fronts Atlantic Highway (Route 1) in Waldoboro, Maine, with 450 feet of road frontage.

Key Highlights

  • 7,000± SF main building with five service bays
  • Separate 3,000± SF storage area
  • 1.5± acres of cleared laydown and parking area

Property Analytics

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Current Use

Parts Center - Tucker ... Auto Parts Store Service Center - Tucker ... Auto Repair Shop Tucker Chevrolet Car Dealership

Suggested Use

Top Pick Building Supply (Bike/Boat/Book/etc) Store Parking Lot & Garage Cafe & Coffee Shop Grocery & Convenience Store Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

123
Businesses Nearby
45k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Groceries 38% Shops & Services 32% Dining 27% Electronics 2%
Hannaford Groceries
17,181 visits/mo 0.1 miles
Dunkin' Donuts Dining
9,118 visits/mo 0.1 miles
Citgo Shops & Services
6,632 visits/mo 0.3 miles
Family Dollar Shops & Services
6,070 visits/mo 0.0 miles
SUBWAY Dining
2,996 visits/mo 0.4 miles

Demographics for 04572, ME

5,154
Population
2,957
Households
1.7
Avg Household Size
46
Median Age
33%
College-Educated
96%
High-School Grad
71.5 sq mi
ZIP Area
72
Density / Sq Mi
$66,072
Median Household Income
$40,657
Median Earnings
$271,700
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

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Automotive property - A cleared outdoor area provides space for vehicle storage and parking alongside the main building.
Where is this automotive property located?
The property is located at 1340 Atlantic Highway Waldoboro, ME.
What is the asking price?
The asking price for this property is $1,395,000.
What are key features of this property?
This property features: 7,000± SF main building with five service bays; Separate 3,000± SF storage area; 1.5± acres of cleared laydown and parking area
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