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Auto Shop with Vehicle Lift
New
For Sale
$750,000

27 Bradstreet Drive, Wales, ME 04280

Commercial Sale, Wales, ME

Property Size3,304 SF
Lot Size3.50 Acres
Price / SF$226
Days on Market3

Property Features for 27 Bradstreet Drive

General Information

Property type Commercial Sale
Property subtype Other
Zoning Residential
Rooms Basement
Interior features Storage
Basement Full, Unfinished, Walk-Out Access, Daylight
Lot features Rural
Standard status Active
Size 3,304 SF
Lot size 3.50 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 6354

Utilities

Sewer type Private Sewer, Septic Tank
Heating system Forced Air, Oil, Baseboard, Zoned
Cooling system Central Air
Water source Well

Amenities

vehicle lift
kitchen

Building Details

Year built 1984
Flooring type Tile - Ceramic, Wood, Tile, Carpet
Building materials Masonry, Brick, Vertical Siding
Roof type Metal, Shingle
Additional Structures Storage
Listing Agency: EXP Realty
Listed By: Garret Getch
Added: Oct 9 Last Checked: Oct 11 at 8:06AM
MLS# 1683756

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 auto shop property includes a 3,304-square-foot main building with a two-story garage and vehicle lift. Attached office space contains four offices and a kitchen. A separate two-bay garage provides additional enclosed space. The site totals 3.5 acres and is located at 27 Bradstreet Drive in Wales, Maine.

The property was built in 1984 and is zoned Residential. It has masonry, brick, and vertical siding construction, central air, and a well with private septic service.

Key Highlights

  • 3.5‑acre site in Wales, Maine
  • 3,304‑square‑foot property built in 1984
  • Two‑story garage includes a vehicle lift

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$34,553
Cap Rate
4.61%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$691,060 $691.1K
Cap Rate 7%
$493,614 $493.6K
Cap Rate 9%
$383,922 $383.9K
Market Conditions
NOI Build-Up for 3,304 SF
Gross rent
$59.5K $18.00/SF
− Vacancy
−$10.1K −$3.06/SF
EGI
$49.4K $14.94/SF
− OpEx
−$14.8K −$4.48/SF
NOI
$34.6K $10.46/SF
Area
Androscoggin County, ME
Vacancy
17.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$691,060
Cap Rate 7%
$493,614
Cap Rate 9%
$383,922

Alternative Uses

Best Use
Industrial
$4.83M
$4.23M – $5.64M (±1% cap)
NOI $338,282 @ 7.0% cap · market cap 45.10%
Second Best
Retail
$493.6K
$431.9K – $575.9K (±1% cap)
NOI $34,553 @ 7.0% cap · market cap 4.61%
Theoretical Best
Warehouse
$5.87M
$5.13M – $6.85M (±1% cap)
NOI $410,771 @ 7.0% cap · market cap 54.77%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Auto shops

Location Intelligence

Trade Area within ½ mile

6
Businesses Nearby
Well-served
Demand for This Use

Demographics for 04280, ME

6,674
Population
3,277
Households
2
Avg Household Size
44
Median Age
16%
College-Educated
91%
High-School Grad
41.7 sq mi
ZIP Area
160
Density / Sq Mi
$63,250
Median Household Income
$41,900
Median Earnings
$1,029
Median Rent
$175,200
Median Home Value

Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Auto shop - A two-story garage, attached office suite, and additional two-bay garage provide distinct work and support areas.
Where is this auto shop located?
The property is located at 27 Bradstreet Drive Wales, ME.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 3.5‑acre site in Wales, Maine; 3,304‑square‑foot property built in 1984; Two‑story garage includes a vehicle lift
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