588 Northern Ave Farmingdale, ME 04344
This exceptional 0.82-acre commercial property located at 588 Northern Avenue in Farmingdale, Maine, presents a unique investment opportunity. Priced at $275,000, the property includes a 1,250 square foot building currently configured as a one-level home featuring two bedrooms, two bathrooms, a living room, kitchen, dining room, and a mudroom. A significant asset is the existing 30 x 32 foot heated garage, previously utilized for auto repair, complete with all the necessary tools to immediately commence operations in this field. A comprehensive inventory list of these tools will be provided to prospective buyers. Adding to the property's versatility is a detached one-car garage. The property's zoning and permitted uses should be independently verified by the buyer. Situated in Kennebec County, Maine, with the zip code 04344, this property offers substantial potential for various commercial ventures, leveraging the existing building and garage infrastructure. The location provides convenient access to local amenities and transportation routes. This is a rare opportunity to acquire a versatile commercial property with existing improvements in a desirable Maine location. Serious inquiries only.
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Magee's Automotive Auto Repair Shop
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
2 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.