119 Main Street

Lincoln, ME 04457

MLS ID# 1572120 Active
General Commercial

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$399,900

0.8 acres

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• Description
• Location Information
• Property Information
• Compensation & Misc Info
• Details

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. 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 th... show more

Location Information

• Street # 119
• Street Name Main
• Street Type Street
• County Penobscot
• Town Lincoln
• State/Province ME
• Zip Code 04457
• Leased Land No
• Book 12203
• Page 196
• Map 139
• Lot 77
• Zoning c1
• Zoning Overlay No
• Tax ID 119mainstreetlincolnmaine04457
• Full Tax Amount 4371.4
• Tax Year 2023
• Association Y/N No

Property Information

• Primary Use General Commercial
• Surveyed No
• Deed/Conveyance Type Offered Quit Claim w/Covenant
• Deed Partial
• Bank Owned REO No
• Year Built - 1985
• Year Renovated +/- 1995
• Leases Yes
• SqFt Finished Total 1144
• Lot Size Acres +/- 0.8
• Road Frontage +/- 191

Compensation & Misc Info

• Buyer Agency 2.4%

Details

• Commercial Bldg Information

  Confidentiality Statement, Total Units:2

• Water Info

  No Water Frontage

• Construction

  Masonry

• Property Uses

  Auto Service, Freestanding Building, Gas Station

• Basement

  None, Slab

• Foundation Materials

  Poured Concrete

• Exterior

  Block, Concrete

• Roof

  Metal

• Heat System

  Other

• Heat Fuel

  Oil

• Cooling

  None

• Floors

  Concrete

• Building Features

  Internet Access Available, Other Equipment, Overhead Doors

• Parking

  11 - 20 Spaces, On Site

• Electric

  Circuit Breakers

• Gas

  No Gas

• Sewer

  Public Sewer

• Water

  Public