Retail

Andover, ME Retail Properties & Spaces for Sale

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Auto Repair Shop with Three Bays
Updated: Jul 7
Auto Repair Shop with Three Bays

48 S Main Street, Andover, ME 04216

$499,000
2,400 sqft 0.93 AC lot
2,400 sq. ft. auto repair shop with 3 garage bays
Recently installed 12,000 lb. lift
Alignment equipment included
0.93‑acre lot at 48 S Main Street, Andover, ME 04216
Survey and septic design for 2‑3 rental cabins
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Turnkey Auto Repair Shop
Updated: Mar 27
Turnkey Auto Repair Shop

48 South Main Street, Andover, ME 04216

$499,000
2,400 sqft 0.93 AC lot
Turnkey auto repair business on a 0.93‑acre lot, with a 2,400 sq. ft. shop and three garage bays
Recently installed 12,000 lb lift and state‑of‑the‑art alignment equipment
Equipped with a newer 24 kW Generac standby generator
Rear lot has a survey and septic design in place for 2–3 rental cabins
Built‑in live‑on‑site potential based on the existing survey and septic design
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 16 Potential Opportunities for your consideration. Besides 2 Active listings in Andover, ME, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 6 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Four-Bay Auto Shop
Four-Bay Auto Shop

70 Essex Avenue, Rumford, ME 04276

$385,000
7,157 sqft 0.69 AC lot

Flexible commercial facility with office areas, substantial shop space, and three-phase power.

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Auto Shop with Flexible Layout
Auto Shop with Flexible Layout

70 Essex Ave, Rumford, ME 04276

$385,000
7,157 sqft 0.69 AC lot

Former auto body facility with office areas, multiple shop spaces, three-phase power, and room for varied commercial operations.

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Corner Retail Automotive Building
Corner Retail Automotive Building

36 Main Street, Mexico, ME 12723

Contact for pricing
5,270 sqft

Highly visible corner lot with two overhead doors and approximately 10 parking spaces, currently a former parts center.

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Gutted Office Unit
Gutted Office Unit

20 Main Street, Mexico, ME 04257

Contact for pricing

Stripped interior offers a redevelopment starting point, with building systems requiring on-site verification.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Bethel Land on Route 26
Bethel Land on Route 26

869-01 Walkers Mills Road, Bethel, ME 04217

$74,999
2.70 AC lot

2.942-acre surveyed lot with high visibility and easy access.

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Cleared Commercial Land
Cleared Commercial Land

Eva D Lane lot: 4, Rangeley, ME 04970

$209,000
0.60 AC lot

Cleared commercial parcel with a drilled well, sewer access, and underground power.

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Cates Hill Land Opportunity
Cates Hill Land Opportunity

Cates Hill Road, Berlin, NH 03570

$32,500
0.56 AC lot

0.56 acres with potential mountain views and road frontage.

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Level Commercial Land with Trail Access
Level Commercial Land with Trail Access

28//36&37 US Route 2 & 4, Wilton, ME 04294

$99,999
3.00 AC lot

Public water, sewer, and power are available at the road.

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Off-Market Properties in Andover, ME

Consider similar Off-Market properties in Andover, ME. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

160 Andover Rd
FINANCIAL BUILDING

160 Andover Rd, East Andover, ME 04226

$255,000
Estimated value
1,304 sqft 0.60 AC lot
View details
14 Main St
RESTAURANT

14 Main St, Andover, ME 04216

$250,000
Estimated value
1,000 sqft 0.23 AC lot
View details
Andover, ME 04216
FINANCIAL BUILDING

Andover, ME 04216

$255,000
Estimated value
1,009 sqft 0.50 AC lot
View details
Andover, ME 04216
RETAIL STORES (PERSONAL SERVICES)

Andover, ME 04216

$255,000
Estimated value
2,296 sqft 0.44 AC lot
View details
Andover, ME 04216
RETAIL STORES (PERSONAL SERVICES)

Andover, ME 04216

$240,000
Estimated value
960 sqft 5.00 AC lot
View details
Andover, ME 04216
RETAIL STORES (PERSONAL SERVICES)

Andover, ME 04216

$245,000
Estimated value
0.32 AC lot
View details

Andover, ME Retail Properties & Spaces Market Trends and Statistics

Explore 8 retail properties & spaces for sale in Andover, ME on our real estate platform. These investment opportunities span a total of 4,800 square feet of properties for sale, with an estimated market value of $998,000.

Sale prices for stores in Andover, ME average $499,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Auto shops 2
Automotive properties 2

Demographics Overview

Population 602
Population Growth (5Y) +62.3%
Median Household Income $44,583
College Educated 15.5%

High-Yield Neighborhoods for Investment

Identify Andover submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
04216 $499K

Taxes & Financing

Tax Rate (average for all types) 1.55%
Property Tax per SF $54.32 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Oxford County

New Delisted

Total CRE Inventory on Market (SF)

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