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1574 Post Rd 4,800 SF 100% Leased Retail Building Wells, ME 04090 $1,958,222 CAD ($407.96 CAD/SF) 9% Cap Rate
Investment Highlights
- Located on a busy corner in Wells’ General Business District with dual entrances for ease of access.
- Suitable for a broad range of users including retail, office, and wellness concepts.
- High visibility from Post Road (U.S. Route 1), benefitting from strong seasonal and local traffic flow.
- Equipped with modern utilities and accessibility features, including handicap ramp entry.
Executive Summary
Situated along Post Road in Wells’ General Business District, this property combines excellent connectivity with strong visibility in a robust commercial corridor. The location benefits from high local and seasonal traffic driven by nearby beaches, hospitality venues, and established retail, making it 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. Nearby Route 1 and convenient access to U.S. Route 95 enhance regional connectivity, while ample parking, dual entrances, and accessible design—including a handicap ramp—support tenant usability. Businesses operating here enjoy proximity to Wells’ residential neighborhoods, hospitality clusters, and the local dining scene, strengthening consumer reach for year-round and seasonal activity.
The site features flexible interior space suitable for retail, office, or wellness concepts and offers modern utilities including forced air heating. Nearby Route 1 and convenient access to U.S. Route 95 enhance regional connectivity, while ample parking, dual entrances, and accessible design—including a handicap ramp—support tenant usability. Businesses operating here enjoy proximity to Wells’ residential neighborhoods, hospitality clusters, and the local dining scene, strengthening consumer reach for year-round and seasonal activity.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
4,800 SF
Building Class
C
Year Built/Renovated
1976/2023
Price
$1,958,222 CAD
Price Per SF
$407.96 CAD
Cap Rate
9%
NOI
$176,240 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.11
Lot Size
0.98 AC
Zoning
GB - General Business District
Parking
22 Spaces (4.58 Spaces per 1,000 SF Leased)
Frontage
98’ on Post Rd/US Rte One
Amenities
- Corner Lot
- Pylon Sign
- Signage
- Wheelchair Accessible
- Air Conditioning
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | WLLS-000135-000000-000001 | Improvements Assessment | $412,948 CAD |
| Land Assessment | $690,725 CAD | Total Assessment | $1,103,673 CAD |
Property Taxes
Parcel Number
WLLS-000135-000000-000001
Land Assessment
$690,725 CAD
Improvements Assessment
$412,948 CAD
Total Assessment
$1,103,673 CAD
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Presented by
Marina LLC
1574 Post Rd
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