Auto Repair Shop with Second
31 Lakewood Road, Madison, ME 04950
For Sale
$264,500
A two-building automotive property includes separate repair and body shop areas with equipment already in place.
Property Size2,080 SF
Price / SF$127.16
Days on Market1413
Property Features for 31 Lakewood Road
General Information
Standard status
Size
Property subtype
Automotive
Service Bays
Automotive Uses
Additional Details
Real Estate Included
Taxes and HOA fees
Annual Taxes
Amenities
offices
customer waiting area
central air conditioning
fully insulated
air compressor
security system
Building Details
Building Size
Year Built
Buildings
Listing Agency:
Allied Realty
(207) 474-9553
Listed By:
Christopher Morin
(207) 717-3934
Source:
Integrityhomesrealestategroup
Added: Dec 30, 2022
Changed: Nov 11
Last Checked: Nov 10 at 5:39PM
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
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Investment Insights
Based on property information with market context.
This 2,080-square-foot automotive property, built in 1950, includes a repair shop with two offices and a customer waiting area. The shop has two 10,000-pound lifts, and many tools are included. Central air serves the building, including the work area, and a security system is installed.
A separate building, previously used for auto body work, is fully insulated and has an air compressor in place.
A separate building, previously used for auto body work, is fully insulated and has an air compressor in place.
Key Highlights
- 2,080‑square‑foot property built in 1950
- Repair shop includes two offices and a customer waiting area
- Two 10,000‑pound lifts and many tools included
Property Analytics
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Current Use
Lease Details
2
Service bays
Location Intelligence
Trade Area within ½ mile
84
Businesses Nearby
47k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Home Improvements & Furnishings 39%
Dining 21%
Apparel 16%
Shops & Services 13%
Tractor Supply Co.
Home Improvements & Furnishings
13,532 visits/mo
0.4 miles
Dunkin' Donuts
Dining
9,910 visits/mo
0.4 miles
Label Shopper
Apparel
7,258 visits/mo
0.4 miles
Dollar Tree
Shops & Services
6,101 visits/mo
0.4 miles
U.S. Cellular
Electronics
5,380 visits/mo
0.4 miles
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Northeast region
Similar Off Market Nearby
- Walmart Auto Care Centers — 60 Fairgrounds Mkt Pl, Skowhegan, ME 04976
- Prompto 10 Minute Oil Change — 260 Madison Ave, Skowhegan, ME 04976
- VIP Tires & Service — 9 E Madison Rd, Skowhegan, ME 04976
- Full Auto — 31 Lakewood Rd, Madison, ME 04950
- Brownie's Auto Svc — 31 Lakewood Rd, Madison, ME 04950
Frequently Asked Questions
What type of property is this?
Auto shop - A two-building automotive property includes separate repair and body shop areas with equipment already in place.
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: 2,080‑square‑foot property built in 1950; Repair shop includes two offices and a customer waiting area; Two 10,000‑pound lifts and many tools included
