AUTO DEALERSHIP FOR SALE RETAIL/COMMERCIAL PROPERTY DOVER-FOXCROFT, MAINE

Transcription

1 FOR SALE RETAIL/COMMERCIAL PROPERTY AUTO DEALERSHIP DOVER-FOXCROFT, MAINE Prouty Ford located in Dover-Foxcroft, Maine is a second generation family owned business with a 45 year history of serving parts of Penobscot, Piscataquis and Somerset Counties. Dover-Foxcroft is located north of Newport, south of the Moosehead Lake Recreation Area and west of Bangor. It is the county seat of Piscataquis County with an approximate population of 4,200 people not counting its retail, medical service and educational draw from other surrounding towns. The dealership handles the sales of new and used cars and trucks. It also has an extensive service department which repairs private as well as some county government vehicles in the area. Service is not limited to Ford vehicles. The parts department carries Ford parts along with a large inventory of heavy truck suspension and brake components. Prouty Ford includes the main dealership building with a showroom, parts department, car service bays, an attached truck service structure as well as a satellite car lot across the street. The second floor storage area once stored up to 25 cars. A sale could include additional adjoining properties such as the single family home to the right of the dealership. This commercial brochure is based only upon the dealership building, the sales lot across the street along with the furniture, fixtures, equipment and franchise. JOHN DOYON, CCIM direct direct fax john@malonecb.com MALONE COMMERCIAL BROKERS 5 Moulton Street Suite 3 Portland, ME main

2 JOHN DOYON, CCIM direct direct fax This document has been prepared by Malone Commercial Brokers for advertising and general information only. Malone Commercial Brokers makes no guarantees, representations or warranties of any kind, expressed or implied, regarding, but not limited to, warranties of content, accuracy, and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Malone Commercial Brokers excludes unequivocally all informed or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages there from. All data is subject to change of price, error, omissions, other conditions or withdrawal without notice. Malone Commercial Brokers is acting as the Seller s/lessor s agent in the marketing of this property.

3 Property Summary Qualified buyers may arrange a tour through the broker and with the owner present to provide operational and historical details. Please note that all land and building sizes were taken from town records. OWNER: ADDRESS: SITE SIZE: FRONTAGE: Prouty Ford, Inc. 19 Summer Street - Main dealership building 18 Summer Street - Sales lot across from dealership 19 Summer Street ± acres 18 Summer Street ± acres 19 Summer Street - 150± feet 18 Summer Street - 85± feet ZONE: Commercial 1; Shoreline 1; SGD1 Overlay BUILDING SIZE: 19 Summer Street: 10,758± SF first floor 6,480± SF storage on second floor 2,538± SF additional in the adjoining Quonset Hut used for truck servicing 18 Summer Street No improvements BUILDING CONFIGURATION: The main dealership building includes a showroom, (2) bathrooms, (3) administrative offices, (4) sales offices, a parts department, (2) service departments (cars & trucks), wash bay as well as unheated storage on the 2nd floor. CONSTRUCTION: Steel and wood frame EXTERIOR: Metal, vinyl and T-111 FOUNDATION: CEILINGS HEIGHTS: HEATING: Slab 10± predominantly with 16± in the truck service area (2) Shenandoah wood stoves; a conventional oil furnace with hot air delivery as a back-up for showroom and parts area and (2) waste oil furnaces with hot air delivery for the car and truck service areas along with a back-up hot water oil furnace ROOF: WINDOWS: LIGHTING: Standing seam metal roof (in most areas) Double pane in the showroom area and single pane in the service department Fluorescent

4 Property Summary (continued) OVERHEAD DOORS: FLOOR DRAINS: SPRINKLERS: ELECTRICAL: WATER & SEWER: PARKING: (1) 10± in showroom; (1) 8± in wash bay; (2) 8± in car service area; (1) 12± and (1) 14± in truck service area Yes, in service area and wash bay No 3-phase Municipal 50± vehicles plus additional room at the rear of the lot UNDERGROUND TANKS: All underground storage tanks were removed as of 1986 GENERAL INVENTORY: Can be provided at contract time DEED: Piscataquis Co. Registry of Deeds Book 394, Pages MAP & LOT: ASSESSED VALUE: Map 36, Lots 127 (19 Summer) and 115 (18 Summer) 19 Summer Street: $ 55,000 Land + $ 247,200 Improvements = $302, Summer Street: $ 32,000 Land REAL ESTATE TAXES: 19 Summer Street: $ 5, Summer Street: $ Sale Price BASE PRICE: ADDITIONAL OPTIONAL PRICING: $ 825,000 - includes the following: $ 395, & 19 Summer Street $ 210,000 - The franchise along with tools, furniture, fixtures and equipment $ 220,000 - Parts inventory (current parts can be returned & not purchased) $ 100,000 - Approximate value of the used car inventory $ Unknown - New car inventory may be transferred via a new floor plan $ 110,000 - Single family home to the right of the dealership JOHN DOYON, CCIM direct direct fax john@malonecb.com MALONE COMMERCIAL BROKERS 5 Moulton Street Suite 3 Portland, ME main

5 19 Summer Street Photos / Service Areas

6 Additional Photos SINGLE FAMILY HOME SINGLE FAMILY HOME

7 Assessor Map 36 (portion) SUBJECTS DEALERSHIP IS LOT 127

8 Traffic Counts & Area Statistics 4,630 5,670 8,870 SUBJECT 6,820 5,110 Traffic counts noted above are Average Annual Daily Traffic (AADT) and are cumulative in both directions unless otherwise noted. Source: Traffic Volume Counts 2013 Annual Report (published August 2014), Maine Dept. of Transportation, Traffic Engineering Division, Piscataquis County. AREA STATISTICS 10 mile 15 mile 20 mile Total Businesses ,206 Total Employees 4,389 7,342 8,916 Total Residential Population 9,794 21,952 32,290 Total Households 4,165 9,349 13,589 Average Household Income $47,041 $45,306 $46,466 Source: 2015 ESRI forecasts; Dun & Bradstreet, 2014, U.S. Census Bureau 2010 Census ADDITIONAL REPORTS AVAILABLE ON REQUEST