48 S Main St Andover, ME 04216
For Sale
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This turnkey automotive repair shop, located at 48 S South Main Street in Andover, ME, presents a unique opportunity for a savvy entrepreneur. The 2,400 square foot building sits on a 0.93-acre paved lot, offering ample parking for customers and room for vehicle staging. The shop features three spacious bays, each equipped with lifts, ensuring efficient workflow. Years of successful operation specializing in auto service, tire sales, balancing, inspection stickers, and ATV/small engine repair have established a strong, steady customer base drawing from surrounding towns. The business benefits from a convenient location across from a main ATV/snowmobile trail and gas station, creating additional service opportunities. Included is a 24 KW backup generator for uninterrupted operation during power outages, an air-powered motorcycle lift, a fully equipped office, and stocked supplies (inventory to be calculated separately or negotiated). An efficient used oil burner furnace provides cost-effective heating throughout the winter. The property also offers additional space behind the building for potential expansion, allowing for future business growth. Priced at $525,000, this well-maintained and organized shop is ready for its next owner. This is a rare chance to acquire a thriving business in a picturesque mountain village setting.
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Martin's Service & Sales Auto Repair Shop
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
