Property summary
This exceptional 3,556 square foot commercial property, situated on a 1.02-acre lot at 669 Main Street in Caribou, Maine, presents a compelling investment opportunity. Formerly a thriving, family-owned automotive repair station, this well-maintained building offers significant potential for continued success in the automotive industry or adaptation to other commercial uses. The structure features five overhead doors, facilitating efficient workflow and customer access. A key advantage is the inclusion of an existing alignment and vehicle lift system, ready for immediate use. Recent improvements enhance the property's appeal and functionality, including a new roof, updated siding, and a professionally paved driveway. The property's location in Caribou offers excellent visibility and accessibility, contributing to its strong potential for generating income. The building's layout is spacious and adaptable, allowing for various configurations to suit diverse business needs. This turnkey operation is ready for a new owner to capitalize on its established history and inherent potential. The asking price is $275,000. This represents a rare chance to acquire a well-maintained commercial property in a desirable location with a proven track record. Serious inquiries are encouraged.
Property profile
VerifiedCap rate & NOI
Current use
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Auto Repair Shop
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Gas Station
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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