MALONE COMMERCIAL BROKERS 5 Moulton Street • Suite 3 Portland, ME 04101

207.772.2422 main www.malonecb.com

JOHN DOYON, CCIM 207.772.8300 direct 207.358.7913 direct fax john@malonecb.com

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 sur-rounding 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 vehi-cles. 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.

This document has been prepared by Malone Commercial Brokers for advertising and general information only. Malone Commercial Brokers makes no guarantees, represen-

tations 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.

JOHN DOYON, CCIM 207.772.8300 direct

207.358.7913 direct fax john@malonecb.com

PROUTY FORD PROPERTY / DOVER-FOXCROFT, MAINE

Property Summary

OWNER: Prouty Ford, Inc.

ADDRESS: 19 Summer Street - Main dealership building 18 Summer Street - Sales lot across from dealership

SITE SIZE: 19 Summer Street - 1.03± acres 18 Summer Street - 0.23± acres

FRONTAGE: 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: Slab

CEILINGS HEIGHTS: 10±’ predominantly with 16±’ in the truck service area

HEATING: (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: Standing seam metal roof (in most areas)

WINDOWS: Double pane in the showroom area and single pane in the service department

LIGHTING: Fluorescent

Qualified buyers may arrange a tour through the broker and with the owner present to provide operational and histori-cal details.

Please note that all land and building sizes were taken from town records.

PROUTY FORD PROPERTY / DOVER-FOXCROFT, MAINE

MALONE COMMERCIAL BROKERS 5 Moulton Street • Suite 3 Portland, ME 04101

207.772.2422 main www.malonecb.com

JOHN DOYON, CCIM 207.772.8300 direct 207.358.7913 direct fax john@malonecb.com

Property Summary (continued)

OVERHEAD DOORS: (1) 10±’ in showroom; (1) 8±’ in wash bay; (2) 8±’ in car service area; (1) 12±’ and (1) 14±’ in truck service area

FLOOR DRAINS: Yes, in service area and wash bay

SPRINKLERS: No

ELECTRICAL: 3-phase

WATER & SEWER: Municipal

PARKING: 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 233-234

MAP & LOT: Map 36, Lots 127 (19 Summer) and 115 (18 Summer)

ASSESSED VALUE: 19 Summer Street: $ 55,000 Land + $ 247,200 Improvements = $302,300 18 Summer Street: $ 32,000 Land

REAL ESTATE TAXES: 19 Summer Street: $ 5,335.59 18 Summer Street: $ 564.80

BASE PRICE: $ 825,000 - includes the following:

$ 395,000 - 18 & 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)

ADDITIONAL OPTIONAL PRICING:

$ 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

Sale Price

PROUTY FORD PROPERTY / DOVER-FOXCROFT, MAINE

19 Summer Street Photos / Service Areas

PROUTY FORD PROPERTY / DOVER-FOXCROFT, MAINE

Additional Photos

SINGLE FAMILY HOME SINGLE FAMILY HOME

PROUTY FORD PROPERTY / DOVER-FOXCROFT, MAINE

Assessor Map 36 (portion)

SUBJECT SUBJECTS

DEALERSHIP IS LOT 127

PROUTY FORD PROPERTY / DOVER-FOXCROFT, MAINE

AREA STATISTICS 10 mile 15 mile 20 mile

Total Businesses 484 918 1,206

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

Traffic Counts & Area Statistics

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.

6,820

4,630

SUBJECT

ADDITIONAL REPORTS AVAILABLE ON REQUEST

8,870

5,110

5,670