Garage and Mechanic
201 Portland Road Bridgton, ME 04009
201 Portland Road, Bridgton, ME, 04009
$400,000
For Sale
$400,000
COMMERCIAL - Bridgton, ME
Property Size1,500 SF
Lot Size0.70 Acres
Price / SF$266.67
Days on Market26
Property Features for 201 Portland Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- commercial
- Standard status
- Active
- Size
- 1,500 SF
- Lot size
- 0.70 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 2372
Building Details
- Roof type
- Metal
Listing Agency
Oberg Insurance & Real Estate Agency, Inc.
(207) 647-5551
132 Main Street, Bridgton, ME
Listed by
Cynthia Gorman
(207) 347-1595
Added: Jun 24 Checked: Jul 19 at 8:06 am
MLS# 1665090
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 property at 201 Portland Road in Bridgton, Maine was previously used as a garage and mechanic shop and offers a workable automotive layout for a similar use. The newer metal roof was installed in 2021, and the garage doors were replaced in 2016. The site was recently surveyed, providing clear documentation of the property boundaries.
The property is located in a busy commercial area along Portland Road and is set on approximately 0.70 acres. Town water is available at the property, and there is the possibility to connect to town septic for future hookup.
For buyers looking for an automotive service location, this building provides an existing garage setup along with meaningful capital updates, including the roof and garage doors. The availability of town water and potential town septic hookup can also support planning for continued operations or adaptive reuse within the commercial zoning framework.
The property is located in a busy commercial area along Portland Road and is set on approximately 0.70 acres. Town water is available at the property, and there is the possibility to connect to town septic for future hookup.
For buyers looking for an automotive service location, this building provides an existing garage setup along with meaningful capital updates, including the roof and garage doors. The availability of town water and potential town septic hookup can also support planning for continued operations or adaptive reuse within the commercial zoning framework.
Key Highlights
- 0.70‑acre commercial property in a busy Bridgton commercial area
- Previously used as a garage and mechanic shop
- Metal roof installed in 2021
Local 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 | $27.0k | $18.00 |
| − Vacancy | −$4.6k | −$3.06 |
| EGI | $22.4k | $14.94 |
| − OpEx | −$6.7k | −$4.48 |
| NOI | $15.7k | $10.46 |
1,500 SF · lease $18.00/SF/yr · vacancy 17.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$224.1K
$196.1K – $261.5K
NOI $15,687 @ 7.0% cap · market cap 3.92%
Second Best
Industrial
$137.1K
$120.0K – $160.0K
NOI $9,599 @ 7.0% cap · market cap 2.40%
Theoretical Best
Office A
$412.3K
$360.7K – $481.0K
NOI $28,859 @ 7.0% cap · market cap 7.21%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Auto shops
Similar For Sale Nearby
Similar Off Market Nearby
- Power House Auto LLC — 11 Power House Rd, Bridgton, ME 04009
- Cross Auto Service — 0 Mt Henry Rd, Bridgton, ME 04009
FAQs
What type of property is this?
Auto shop - Former garage and mechanic shop with town water and roof and door improvements for automotive-oriented operations.
Where is this auto shop located?
The property is located at 201 Portland Road Bridgton, ME.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: 0.70‑acre commercial property in a busy Bridgton commercial area; Previously used as a garage and mechanic shop; Metal roof installed in 2021
