Catylist ID:
#30857049
| Catylist Listing ID: | 30857049 |
| Property Subtypes: | Vehicle Related |
| Building Size (RSF): | 6,500 SF |
| Gross Building Area: | See Agent |
| Gross Land Area: | 1.29 Acres |
| Sale Price: | $499,000 |
| Unit Price: | $76.77 PSF |
| Property Use Type: | Investment |
| Building Name: | Grimmel's Auto Sales & Service |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 4/22/2024 |
Overview / Comments
|
Income Property includes 3 parcels; 677, 681, & 685 Lisbon Street. One parcel is a vacant lot ideal for used car sales or development, second is a classic auto 2 bay repair shop, and third is a large cold storage building with high bay doors and 20'+ ceiling. Currently occupied by lessee selling and repairing cars. - Positive cash flow - High visibility -310 feet of road frontage -2 Bay auto repair garage -16,400 average cars per day -Steel frame with wood cold storage building with 14' overhead doors -No underground tanks - Removals recorded with Maine DEP -Owner retiring |
Attachments & Media
Additional Details
| Nearest MSA: | Lewiston-Auburn |
| County: | Androscoggin |
| Tax ID/APN: | 01050_197/000/041 |
| Zoning: | M - MILL ZONE |
| Retail Clientele: | General, Family, Business |
| Property Visibility: | Excellent |
| Largest Nearby Street: | Lisbon St |
| Feet of Frontage: | 310 |
| Traffic/Vehicle Count: | 16,400 |
| Highway Access: | Just a few miles to I95 |
| Airports: | Auburn/Lewiston Municipal Airport |
| Site Description: | This property sits at the entry to downtown Lewiston. This site is convenient to commuters as well as residents in the area. Current business has been operating successfully operating for 80 years. NOTE: All fuel tanks have been removed and certified by the Maine DEP. |
| Area Description: | Urban setting with mixed residential and business |
| Tenancy: | Single Tenant |
| Total Number of Buildings: | 2 |
| Number of Stories: | 1 |
| Roof Type: | Other |
| Parking Type: | Surface |
| Sprinklers: | None |
| Heat Type: | Oil |
| Internet Access: | Cable |
| Zoning Description: | Mill Zone |
| Lot Frontage: | 310 |
| Water Service: | Municipal |
| Sewer Type: | Municipal |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 16,846 | 48,932 | 61,525 |
| Median Age: | 33.88 | 37.14 | 38.51 |
| Households: | 7,676 | 20,804 | 25,977 |
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