669&677 Main Street Caribou, ME

$289,900
Square Footage 5,572
Acres 1.42
Photo of 669&677 Main Street Caribou ME 04736




Description

Prime Investment Opportunity: A Stellar Automotive Repair Station! NOW INCLUDING ADJACENT 6 BAY STORAGE UNIT (built in 2003) AND LOT! Welcome to a business venture with strong roots and remarkable potential. Nestled in a coveted location, this family-owned automotive repair station is an established gem waiting for discerning investors. The main building, purposefully designed for automotive services, boasts a generous layout featuring five convenient overhead doors, ensuring efficient customer flow. Equipped with an alignment and vehicle lift system, it caters to a diverse range of auto repair needs, attracting a loyal clientele and forging invaluable connections in the community. Well maintained and modernized, the property boasts recent updates that include a new roof, revitalized siding, and a professionally paved driveway, enhancing the overall aesthetics and functionality of the site. Beyond its current track record, this investment holds even greater potential. With the right vision and business acumen, there are numerous untapped avenues to explore, such as expanding service offerings, optimizing marketing strategies, or exploring eco-friendly initiatives. For investors keen on securing a steady stream of passive income and establishing a reputable presence in the automotive industry, this opportunity beckons. Don't delay; your next venture awaits!


Listed by Fields Realty LLC, Stephanie Beaulieu 207-551-5835

Details

MLS 1598496
Status Active
Price $289,900
DOM 136 days
Type Commercial
Square Feet 5,572 sqft
Lot Size 1.42 acres
Year Built 1950
Taxes Paid $2,501

Lot & Building Features

Cooling Heat Pump
Tax Year 2023
Taxes Paid $2,501

Room Details

Basement Description Partial

Map

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Financing

$
20%
0.86271127975164%
6.75%
$
$
$
per month
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This calculator only provides an estimate.


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