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119 Main Street

Lincoln, ME 04457
  • $399,900
  • STATUS: Active
  • MLS #: 1572120
$399,900
  • 0
    BEDS
  • 0.8
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,144
    SQFT
Type:
Commercial
Built:
1985
County:
Area:

School Ratings & Info

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Description

Commercial Investment Opportunity: This commercial property is located close to the intersection of Route 6 and Route 2 in Lincoln. Features include a repair/gas station combo, seller-owned gas pumps, certified tanks, and reinforced surrounds for the diesel pumps which are drive-in - drive-out diesel for convenience. The property is strategically situated near the intersection of Route 6 and Route 2, which can be advantageous for attracting customers and traffic. This is the only repair and gas station combination in town. This can be a valuable asset as it provides two different revenue streams. The fact that the gas pumps are seller-owned can provide more control and potentially higher profit margins compared to properties where the pumps are leased or owned by a third party. The tanks on the property are certified through 2025, which is essential for safety and compliance with environmental regulations. The sale includes an auto lift, the building, pumps, and ample parking space for customers on the 0.8 acre lot. Auto repair not your thing?? The property is in a Commercial 1 zone, which typically allows for a variety of commercial uses so use your imagination and this great location to change it up a bit! The building is constructed of cinder block and was built in 1985, with updates in 1995, including canopies over the gas pumps. It has a total of 1144 square feet and is divided into a central reception area, an office, a bathroom, and the garage/repair area. Investing in a repair and gas station combo can be a lucrative opportunity. You can have as little or as much direct contact/control as you wish. The property currently has a tenant operating an auto repair business. There are separate gas and diesel sales, with fuel supply contracted with Dysarts. Continue with the current leases or take over one or both with your own business model. There are other possibilities for the locale - come take a look for yourself.

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Maine Real Estate Information Systems logo
Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
© 2024 Maine Real Estate Information System, Inc. All Rights Reserved. Data last updated: 2024-03-04T23:50:00.4.
www.davidmarshallteam.com/homes/146242542
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119 Main Street Lincoln, ME 04457

  • Price: $399,900
  • Status: Active
  • On Site: Days
  • MLS #: 1572120
0
Beds
0
Baths
0
½ Baths
0.8
Acres
1,144
SQFT
$350
$/SQFT
1985
Built
County:
Penobscot
Area:
Lincoln
Property Description
Commercial Investment Opportunity: This commercial property is located close to the intersection of Route 6 and Route 2 in Lincoln. Features include a repair/gas station combo, seller-owned gas pumps, certified tanks, and reinforced surrounds for the diesel pumps which are drive-in - drive-out diesel for convenience. The property is strategically situated near the intersection of Route 6 and Route 2, which can be advantageous for attracting customers and traffic. This is the only repair and gas station combination in town. This can be a valuable asset as it provides two different revenue streams. The fact that the gas pumps are seller-owned can provide more control and potentially higher profit margins compared to properties where the pumps are leased or owned by a third party. The tanks on the property are certified through 2025, which is essential for safety and compliance with environmental regulations. The sale includes an auto lift, the building, pumps, and ample parking space for customers on the 0.8 acre lot. Auto repair not your thing?? The property is in a Commercial 1 zone, which typically allows for a variety of commercial uses so use your imagination and this great location to change it up a bit! The building is constructed of cinder block and was built in 1985, with updates in 1995, including canopies over the gas pumps. It has a total of 1144 square feet and is divided into a central reception area, an office, a bathroom, and the garage/repair area. Investing in a repair and gas station combo can be a lucrative opportunity. You can have as little or as much direct contact/control as you wish. The property currently has a tenant operating an auto repair business. There are separate gas and diesel sales, with fuel supply contracted with Dysarts. Continue with the current leases or take over one or both with your own business model. There are other possibilities for the locale - come take a look for yourself.
Exterior Features

Construction Materials ConcreteBlockMasonry Foundation Details Concrete PerimeterSlab Lot Features DowntownBusiness DistrictNear Shopping Parking Features 11 - 20 SpacesOn Site Roof Metal Waterfront YN No

Interior Features

Basement None Building Features Overhead Doors Cooling None Cooling YN No Flooring Concrete Heating Other Heating YN Yes

Property Features

Association YN No Electric Circuit Breakers Heat Fuel Oil YN Yes Land Lease YN No Other Equipment Other EquipmentInternet Access Available Property Sub Type General Commercial Sewer Public Sewer Tax Annual Amount 4371.4 Tax Year 2023 Water Source Public Zoning c1

Maine Real Estate Information Systems logo Listing provided courtesy of United Country Lifestyle Properties of Maine: 207-794-6164.

© 2024 Maine Real Estate Information System, Inc. All Rights Reserved.

Mortgage Calculator is provided by BoomTown.
Maine Real Estate Information Systems logo
Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
© 2024 Maine Real Estate Information System, Inc. All Rights Reserved. Data last updated: 2024-03-04T23:50:00.4.
 
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The David Marshall Team | eXp Realty, LLC
533 Congress Street
Portland ME, 04101
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