Investment Property

119 Main Street, Lincoln, Maine, 04457

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* FOR SALE

$399,900

MLS: 18015-10291

0.8 Acres

1,144 SqFt

What You Should Know

  • Commercial building

  • Investment property

  • Lincoln, Maine

Why You'll Love It

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.

The town of Lincoln is home to around 5000 people as full time residents but serves as a summer home to hundreds more thanks to its 13 lakes and the Penobscot River. Lincoln is also the service center for 15 communities surrounding Routes 6, 2 and 155. The pull of local shops mixed with a WalMart, Hannaford, building supply and hardware stores as well as a small hospital and doctors, dentists and optometrists means people on the go who need to fuel up both their personal and their work vehicles. This adds nicely to your customer base and puts you in a position to capture plenty of traffic.

Where You'll Find It

  • Street Address: 119 Main Street
  • City: Lincoln
  • State: Maine
  • County: Penobscot

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Carmen McPhail

Associate Broker
See Website

Phil McPhail

Broker / Owner - ALC
See Website