1574 Post Road,Wells, ME 04090
Wells, ME 04090
Description
NOI has significant upside* 1st Floor consists of 2 commercial units, of which both are currently leased to owner's businesses and at a significant lease rate discount. * Owner will vacate upon sale. New Owner would gain from market rate leasing, suggesting $25-$30/sf NNN. Two 1st floor commercial units consists of a 900-1,000sf office/luxury staff lounge (lease $24,000 yr) and a 2,300 sf Bar/Lounge (lease $24,000 yr). 2nd Floor consists of: 1,600sf, residential, leased as a Airbnb and winter rental Sept 15-May 15 $20,000, Airbnb summer income range $28,400. General Business District. Major Intersection of 109 and US Rt 1, this property is easy access to turnpike, beaches, shops, services and restaurants, combining excellent connectivity and strong visibility in a busy mixed commercial corridor. Exceptional visibility & attractive for businesses seeking customer engagement and exposure. The site features flexible interior space suitable for retail, office, or wellness concepts and offers modern utilities including forced air heating, ample parking, dual entrances, and accessible design--including a handicap ramp--support tenant usability and strengthen consumer reach for year-round and seasonal activity. There may also be a larger neighboring assemblage opportunity available for the right developer. This would be a potential 4-parcel commercial assemblage at Route 1 / Route 109, estimated at approximately 2.5+ acres. Exact acreage would need to be confirmed.
Details
| MLS # | 1673923 |
|---|---|
| Listing Type | For Sale |
| Style | General Commercial |
| Sub-Type | Resale |
| Status | Active |
| Year | 1976 |
| Days On Site | 52 |
| Listing Provided By | McKechnie Commercial Realty | Suzanne McKechnie |
Features
| SQ Feet | 4,800 |
|---|---|
| Story(s) | 2 |
| Zoning | General Business |
| Acreage | 1.00 |
| Water Front | Yes |
Interior
| Heating Yes / No | Yes |
|---|---|
| Cooling Yes / No | Yes |
| Cooling | Heat Pump, Wall Unit(s) |
| Accessibility Features | Accessible Approach with Ramp |
Exterior
| Roof | Fiberglass, Membrane |
|---|---|
| Foundation Details | Poured Concrete |
| Lot Features | Business District, Downtown, Near Shopping, Near Turnpike/Interstate, Retail Strip, Public Transport Access |
| Waterfront Features | Nearby, Oceanfront |
| Construction Materials | Wood Frame, Masonry, Block, Wood Siding |
Parking
| Parking Features | 21+ Spaces, On Site, Paved, Gravel |
|---|
Utilities
| Sewer | Public Sewer |
|---|---|
| Electric | Circuit Breakers |
Taxes
| Tax Annual Amount | 5094 |
|---|---|
| Tax Book Number | 19229 |
| Tax Year | 2025 |
| Tax Lot | 1 |
| Tax Map Number | 135 |
Area Information
| State | ME |
|---|---|
| County | York |
| City | Wells |
| Zip Code | 04090 |
| Area | York |
| Listing VS Median (in 04090) | |
Price: $1,399,000 low | high Med: $599,000 sqft: 4,800 low | high Med: 1,930 $ / sqft: $291 low | high Med: $310 On site: 52 low | high Med: 122 | |
Market Activity 04090
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Learn More About This Property
| State | ME |
|---|---|
| County | York |
| City | Wells |
| Zip Code | 04090 |
| Area | York |
| Listing VS Median (in 04090) | |
Price: $1,399,000 low | high Med: $599,000 sqft: 4,800 low | high Med: 1,930 $ / sqft: $291 low | high Med: $310 On site: 52 low | high Med: 122 | |