1574 Post RD, Wells, ME 04090
1574 Post RD, Wells, ME 04090
1574 Post RD, Wells, ME 04090
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Listed by Suzanne McKechnie McKechnie Commercial Realty
$1,399,000
Est. payment /mo
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4,800 SqFt
Active

1574 Post RD Wells, ME 04090

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Chris Davis

Chris Davis

+1(207) 756-2442

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Key Details

Property Type Commercial

Sub Type General Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 4,800 sqft

Price per Sqft $291

MLS Listing ID 1673923

HOA Y/N No

Year Built 1976

Tax Year 2025

Lot Size 1.000 Acres

Acres 1.0

Property Sub-Type General Commercial

Source Maine Listings

Land Area 4800

Property 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.

Location

State ME

County York

Zoning General Business

Direction intersection of US Route 1 (Post Road) and Route109 (Sanford Road) Wells Maine. Across from Cumberland Farms and Wells Fire Department. Also 1 Mile from the Wells Harbor Community Park and Beach.

Rooms

Basement None, Slab

Interior

Heating Gas Bottled, Multi-Fuel System, Solar, Heat Pump, Hot Water

Cooling Heat Pump, Wall Unit(s)

Flooring Carpet, Luxury Vinyl

Equipment Internet Access Available

Exterior

Parking Features 21+ Spaces, On Site, Paved, Gravel

Waterfront Description Nearby,Oceanfront

Roof Type Fiberglass,Membrane

Accessibility Accessible Approach with Ramp

Building

Lot Description Business District, Downtown, Near Shopping, Near Turnpike/Interstate, Retail Strip, Public Transport Access

Story 2

Entry Level Multi-Level

Foundation Poured Concrete

Water Public

Others

Tax ID WLLS-000135-000000-000001

Maine MLS (MREIS) IDX

NEARBY SCHOOL & BUSINESS

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Chris Davis

Chris Davis

Agent me.BA924046

+1(207) 756-2442

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