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    FOR SALE
    Commercial real estate

    152 Farmington Falls Rd, Farmington, ME 04938

    0.27 ac lot
    Individually Owned Absentee Owner Free & Clear
    Property ID
    US42-0427755
    Property summary
    AI-generated overview

    This exceptional turn-key auto repair shop in Farmington, ME, presents a unique investment opportunity. Located at 152 Farmington Falls Road, this well-maintained 2,368 square foot building sits on a 0.27-acre lot, offering convenient access to downtown Farmington and the University of Maine at Farmington (UMF). The property boasts two repair bays, a dedicated tire changing bay, and ample storage space for inventory. The business itself has a proven track record of success, demonstrating consistent growth and profitability over its 20-year history. All necessary equipment for continued auto repair operations is included in the sale price of $695,000. The property's prime location and established clientele provide a solid foundation for continued success in the auto repair industry. However, the versatile space also presents exciting possibilities for expansion into auto sales or other related ventures. This is a rare chance to acquire a thriving business with significant potential for future growth in a highly desirable location. The building is exceptionally well-maintained, both inside and out, reflecting the pride of ownership throughout its history. This is a truly exceptional opportunity for the right buyer.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Lot 0.27 ac (11,761 SF)
    Zoning code RB
    APN FARN M:U10 L:059
    UPID US42-0427755
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    ALLEN R ROWE
    ALLEN R ROWE
    Zoning & alternative use
    RB · Farmington, ME
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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