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Bean Group
Offered at $499,000Active
beds
—
baths
0
sq ft
2,400
Built
2009

48 S Main Street

Andover, ME 04216

About this home

Turnkey Auto Repair Shop with Expansion & Live-On-Site Potential! Opportunities like this don't come around often. Step into ownership with this thriving, fully-equipped auto repair business set on nearly an acre of high-visibility land. This turn-key operation features a spacious 2,400 sq. ft. shop with three garage bays, highlighted by a recently installed 12,000 lb. lift and state-of-the-art alignment equipment--both of which have already driven a noticeable increase in business volume. Positioned for continued growth, the business offers clear upside through extended hours, additional services, or scaling existing operations. The 0.93-acre lot provides excellent accessibility and exposure, making it an ideal location for both repeat customers and new traffic. What truly sets this property apart is the built-in expansion potential. The rear portion of the lot already has a survey and septic design in place for 2-3 rental cabins, creating an exciting opportunity for additional income streams. Even more compelling, that same infrastructure opens the door for an owner-operator to potentially build and live on-site--offering convenience, cost savings, and a true live/work lifestyle. For added peace of mind, the property is equipped with a newer 24 kW Generac standby generator, ensuring uninterrupted operations no matter the conditions. Whether you're a seasoned mechanic ready to own your own shop or an investor seeking a versatile, income-producing property with multiple growth avenues, this offering checks all the boxes. Don't miss your chance to take over a successful business with real upside--and make it your own.

Listing last checked: Listing updated:

Listed by Listing Agent · Fontaine Family-The Real Estate Leader · MLS #1683610

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Details at a glance

Interior3 property facts
Heating
Oil, Propane, Forced Air
Cooling
None
Flooring
Concrete
Building4 property facts
Style
Mixed Use
Year built
2009
Foundation
Poured Concrete
Roof
Shingle
Land & utilities4 property facts
Lot size
0.93 acres
Water
Public
Sewer
Private Sewer
Zoning
None

Location

Estimated monthly cost

Explore costs at the $499,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$2,523 / monthAdjust
Principal & interest
$2,523
Property tax
Not entered
Insurance
Not entered
HOA
Not entered

Annual property taxes were not supplied. HOA amount was not supplied.

Partial estimate: add property tax, insurance, monthly HOA to include those costs. Blank amounts are unknown.

The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.

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About 48 S Main Street

Can I request a private showing?

Request a tour of 48 S Main Street and a Bean Group agent will help coordinate an available time with the listing side.

Can you help me evaluate this property?

Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

Are property documents available?

Availability varies by property and source. Request the documents you need and we will help obtain what is available.