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Automotive Repair Shop with Impound Area
For Sale
$75,000

708 River Road, Mexico, ME 04257

A fenced impound area and level site support the property’s commercial configuration.

Property Size2,114 SF
Lot Size0.92 Acres
Price / SF$35.48
Days on Market879

Property Features for 708 River Road

General Information

Standard status Active
Size 2,114 SF
Lot size 0.92 Acres
Property subtype Commercial
Zoning Commercial

Property Condition

Severity Repairs Needed
Evidence may benefit from some enhancements and updates

Site & Location

Highway Access Yes
Road Access Yes
Fenced Yard Yes
Outdoor Storage Yes

Land

Topography flat
Land Use commercial

Additional Details

Real Estate Included Yes

Building Details

Building Size 2,114 SF
Buildings 1
Listing Agency: Amnet Realty
Listed By: Matthew Pingree
Source: Amerorealty
Added: Jun 6, 2024 Changed: Oct 31 Last Checked: Oct 31 at 2:33PM

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 Amnet Realty

Rey
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Investment Insights

Based on property information with market context.

This 2,114-square-foot auto shop sits on a 0.92-acre parcel along the Androscoggin River. The site includes a fenced area used for impound storage, and the property is zoned Commercial. The existing garage may require updates.

The property fronts River Road (Route 2) in Mexico, Maine. Its location along the route and river provides the setting for the existing automotive facility.

Key Highlights

  • 2,114‑square‑foot auto shop on 0.92 acres
  • Fenced impound area
  • Commercial zoning

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Sherwood Motors Car Dealership

Suggested Use

Top Pick Auto Repair Shop (Bike/Boat/Book/etc) Store Butcher Parking Lot & Garage Hair Salon Nail Salon

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

Lease Details

Yes
Fenced yard
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

18
Businesses Nearby
Well-served
Demand for This Use

Demographics for 04257, ME

2,756
Population
1,490
Households
1.8
Avg Household Size
45
Median Age
12%
College-Educated
93%
High-School Grad
23.3 sq mi
ZIP Area
118
Density / Sq Mi
$54,052
Median Household Income
$34,404
Median Earnings
$843
Median Rent
$104,000
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

Similar Off Market Nearby

  • Henrys Outdoor Power Equipment — 23 N Main St, Peru, ME 04290

Frequently Asked Questions

What type of property is this?
Auto shop - A fenced impound area and level site support the property’s commercial configuration.
Where is this auto shop located?
The property is located at 708 River Road Mexico, ME.
What is the asking price?
The asking price for this property is $75,000.
What are key features of this property?
This property features: 2,114‑square‑foot auto shop on 0.92 acres; Fenced impound area; Commercial zoning
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