Andover ME Real Estate & Commercial for Sale

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Beds:
n/a
Baths:
Sq.Ft.:
2,400
Status:
Active
MLS#:
1639979
Type:
Mixed Use
Lot size:
0.93 Acres
Year built:
2009
A broker reciprocity listing Courtesy: Fontaine Family-The Real Estate Leader 207-784-3800
View additional info

ADDITIONAL INFORMATION

Turnkey Auto Repair Shop with expansion potential! Rare opportunity to own a thriving, fully-equipped auto repair business on nearly an acre of land! This turn-key operation features a spacious 2,400 sq ft. building with 3 garage bays, including a recently installed 12,000 lb. lift. The Seller also recently added state of the art vehicle alignment equipment that has significantly increased business volume. The shop is well-positioned with room for continued growth through extended hours and additional services. The property sits on .93 acres offering excellent visibility and accessibility. Beyond the existing shop, the back portion of the lot presents an exciting investment opportunity: a survey and septic design are already in place for 2-3 rental cabins, providing potential for additional income streams. For buyer peace of mind there is a newer 24 kw generac stand-by generator to insure business never stops, even in the worst weather. Whether you're an established mechanic looking to step into ownership or an investor seeking a profitable, diversified property, this location is primed for success. Don't miss out on this chance to own a growing business with built-in expansion potential!

Beds:
n/a
Baths:
Sq.Ft.:
9,600
Status:
Active
MLS#:
1632205
Type:
Investment
Lot size:
126 Acres
A broker reciprocity listing Courtesy: Coldwell Banker Realty 207-967-9900
View additional info

ADDITIONAL INFORMATION

Once in a lifetime a commercial property becomes available that is steeped in American history while retaining its timeless elegance, offering a compelling business opportunity in a unique mountain and riverfront setting. This is that property. The Merrill House is a vast Gilded Age country estate with a storied past, on 126 acres in the beautiful mountains of Western Maine. In the early 1900s, Henry Varnum Poor (founder of Standard & Poor's, later the S&P 500) carried out the final expansion, with contributions from influential architects Stanford White and Frederick Law Olmstead. It has been home to 8 generations of the same family, the setting for a major motion picture, as well as a profitable retreat, event, and vacation rental venue. The property offers extensive manicured lawns, gardens, trails, and magnificent views. The main home boasts 16 bedrooms, 7 bathrooms, a stately dining room, and an impressive Great Hall for which photos do not do justice. There are also income-producing caretaker's cottage and barns, and generous garage and workshop space. Originally homesteaded in 1791, Merrill House is poised for its next owner to carry on its legacy, own a piece of American history, and operate a successful business in a setting like no other. Perhaps a retreat center, outdoor adventure base, or wedding venue. The property is partially heated, supporting three-season occupancy of up to 32 overnight guests, and four-season for up to 12 overnight with 6 bedrooms, 2 full and 2 half baths, study, & Great Hall, with 200-amp electrical service and updated plumbing. Merrill House is surrounded by four-season outdoor recreation. Bethel, ME is about 30 minutes away, as are Sunday River and Black Mountain ski areas. The Appalachian Trail is about 12 minutes away, and numerous walking, biking, ski, and motorsports trails right out the door. Rangeley, ME is about 1 hour away and Portland International Jetport and North Conway, NH are about 90 minutes away.

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Andrea D. Conner, License DB922721, Xome Inc., License AC90602770, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067


Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2025 Maine Real Estate Information System, Inc. All Rights Reserved.



Andover Real Estate

Andover is located in Maine. Andover, Maine has a population of 732. Andover is less family-centric than the surrounding county with 13.43% of the households containing married families with children. The county average for households married with children is 24.25%.

The median household income in Andover, Maine is $41,645. The median household income for the surrounding county is $51,384 compared to the national median of $69,021. The median age of people living in Andover is 55.9 years.

Andover Weather

The average high temperature in July is 76.4 degrees, with an average low temperature in January of 1.7 degrees. The average rainfall is approximately 44.5 inches per year, with 108.3 inches of snow per year.

Andover Map

Andover Real Estate Market Conditions

  • Median sales price

    $116,750
    20%
    change since last quarter
  • # Active listings

    11
    30-day change

Andover Schools and Demographics

Education near Andover, ME

City County
High School Graduates 93.59 91.83
College Degree - 2 year 9.05 12.17
College Degree - 4 year 15.95 21.11
Graduate Degree 0 5.3
Expenditures per Student 16,488 16,488
Students per Teacher 12.1 12.1

Elementary Schools near Andover, ME

Grades Students P/T Ratio ZIP
Andover Elementary School KG - 05 33 7.6 04216
Meroby Elementary School PK - 05 282 11.7 04257
Rumford Elementary PK - 05 290 9.9 04276

Middle Schools near Andover, ME

Grades Students P/T Ratio ZIP
Mountain Valley Middle School 06 - 08 293 11.4 04257

High Schools near Andover, ME

Grades Students P/T Ratio ZIP
Mountain Valley High School 09 - 12 403 13.6 04276

Ungraded Schools near Andover, ME

Grades Students P/T Ratio ZIP
Rangeley Lakes Regional School KG - 12 190 7.9 04970
Region 9 School of Applied Technology UG - UG 0 0 04257

Demographics near Andover, ME

City County
Neighborhood Type Small Town
Population 732 57,807
Population Density 13 28
Median Age 55.9 47.6
People per Household 2.4 2.5
Median Household Income 41,645 51,384
Average Income per Capita 24,483 28,450

Real estate near Andover