Multi-Use Auto Shop
74 Route 133 Winthrop, ME 04364
For Sale
$310,000
COMMERCIAL - Winthrop, ME
Property Size3,470 SF
Lot Size0.26 Acres
Price / SF$89.34
Days on Market36
Property Features for 74 Route 133
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Village
Parking features
On Street
Standard status
Active
Size
3,470 SF
Lot size
0.26 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
2723
Utilities
Sewer type
Public Sewer
Heating system
None (Heating), Radiant, Forced Air
Water source
Public
Building Details
Year built
1973
Flooring type
Concrete
Building materials
Wood Frame, Aluminum Siding
Roof type
Flat, Metal
Listing Agency:
LAER
(207) 622-2220
Listed By:
John Blouin
(207) 446-7708
Added: Jun 24
Changed: Jul 11
Last Checked: Jul 29 at 8:06AM
MLS# 1659310
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 multi-purpose commercial building contains 3,470 square feet in total, with 3,100 square feet of usable space on the first floor. The first-floor layout includes four shop areas and an office with a bathroom. Two of the shop areas feature radiant heat in the floor, but a heat source is needed. First-floor ceilings are tall at approximately 14 feet. A wide staircase leads to two additional large areas on the upper level; the top floor has a possible additional 2,400 square feet and is currently unfinished.
The property is located in the downtown of Winthrop on busy Route 133. It sits on a major connector road. Three-phase power is at the street, and there is a large parking area behind the building. The property was last used for auto repair and sales and may be repurposed for other commercial uses such as office space, storage, manufacturing, or retail.
Access is supported by a large rear parking area, and the building’s configuration provides multiple large interior areas suited to a variety of operations.
The property is located in the downtown of Winthrop on busy Route 133. It sits on a major connector road. Three-phase power is at the street, and there is a large parking area behind the building. The property was last used for auto repair and sales and may be repurposed for other commercial uses such as office space, storage, manufacturing, or retail.
Access is supported by a large rear parking area, and the building’s configuration provides multiple large interior areas suited to a variety of operations.
Key Highlights
- Approximately 3,100 SF of usable first‑floor space with 14‑ft ceilings, laid out as 4 shop areas plus an office and bathroom
- Second level offers a possible additional 2,400 SF of unfinished space reached by a wide staircase
- Building includes radiant heat in the floor in two shop areas (heat source needed)
Financial Insights For Flex RnD
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 | $34.6k | $9.96 |
| − Vacancy | −$861 | −$0.25 |
| EGI | $33.7k | $9.71 |
| − OpEx | −$11.8k | −$3.40 |
| NOI | $21.9k | $6.31 |
3,470 SF · lease $9.96/SF/yr · vacancy 2.49% · expense 35.00%
Alternative Uses
Best Use
Industrial
$4.26M
$3.73M – $4.97M
NOI $298,433 @ 7.0% cap · market cap 96.27%
Second Best
Office B
$700.7K
$613.2K – $817.5K
NOI $49,052 @ 7.0% cap · market cap 15.82%
Theoretical Best
Warehouse
$5.18M
$4.53M – $6.04M
NOI $362,383 @ 7.0% cap · market cap 116.90%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Similar Off Market Nearby
- Lilac Mixology & Catering Tasting Room - Winthrop — 129 Main St, Winthrop, ME 04364
Frequently Asked Questions
What type of property is this?
Flex space - Downtown commercial building with first-floor shop areas, office, and 14-foot ceilings, plus an unfinished second level.
Where is this flex space located?
The property is located at 74 Route 133 Winthrop, ME.
What is the asking price?
The asking price for this property is $310,000.
What are key features of this property?
This property features: Approximately 3,100 SF of usable first‑floor space with 14‑ft ceilings, laid out as 4 shop areas plus an office and bathroom; Second level offers a possible additional 2,400 SF of unfinished space reached by a wide staircase; Building includes radiant heat in the floor in two shop areas (heat source needed)
