Well Established Business with Attached 4 Bedroom Home

Asking Price: $225,000    

Imagine not having to drive to work everyday, just a simple walk through two doors will bring you to your place of business. There will be no need to travel because your home is attached. Think of how much you will save on gas, car insurance and other auto expenses.  Another plus to having your business attached to your home is that a good portion of your property tax, insurance, fuel oil and other heating expenses can be used as business expenses and deductions when you file your annual income taxes.

Unique business opportunity to own your own business in the peaceful, country setting of northern Maine. Located in Caribou is a well established convenience store complete with gas pumps and attached home. This has been a thriving business for 60+ years. During those 60+ years, the store has provided a prosperous yearly income for three growing families with the present owners having purchased the business and home in 1988. The home was built around 1946 with the store being added on shortly after. It is located on well traveled U.S. 1 and sits on .67 acres in a family oriented neighborhood. The business is being sold with all the equipment needed for immediate operation.

The two underground gas tanks were installed in 1992. They are 30 year, double-walled cathodically protected tanks. One tank holds 2000 gallons, the other holds 4000 gallons. They are also protected by an alarm system that sounds should a leak occur. The tanks undergo a yearly inspection by a state certified inspector. Enjoying the 4 seasons and having the ITS trail located just 1500 feet behind the store is an added plus. Spring brings 4-wheelers and winter brings snowmobilers. Sales are brisk during those times when gas is needed for the machines and snacks and drinks for the passengers. The summer and fall also brings in business with people who enjoy the lakes in this area.

The four bedroom attached home has been well maintained over the years. On the first floor is the kitchen with ceramic tile flooring, living room with wood flooring, three bedrooms with carpeting and a full size bath. There is also a sun porch attached to the kitchen. On the second floor is a large bedroom, cedar closet, a full bath and attic space.  The store and home are protected by a security alarm system that was installed in 2005.