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38 Hubbard Ln 3,820 SF Flex Building Wells, ME 04090 $1,186,532 CAD ($310.61 CAD/SF)
INVESTMENT HIGHLIGHTS
- Great contractor or office space with 3 bedroom apartment
- Move in ready. Great condition
- Near Maine Turnpike/ Interstate 95
EXECUTIVE SUMMARY
Large building (3800 square feet) has been used for a mixed use property in the past. It has a very nice 3 bedroom 1 bath apartment on the second floor. The apartment has a lovely eat in kitchen area and multiple access points. A large office space on the first floor with multiple rooms and a small kitchen. This office area has a half bath. It also has multiple access points. The high bay area has high ceilings with 14 foot
garage doors for large trucks. Radiant heat for the garage bay area and a central forced hot water system for the residential area is in great condition. Added was a central AC unit for comfort in all areas during summer months. Excellent opportunity for an owner user for an investment property. Only 1/4 mile from the Wells turnpike exit makes it very easy and quick access to I95.
garage doors for large trucks. Radiant heat for the garage bay area and a central forced hot water system for the residential area is in great condition. Added was a central AC unit for comfort in all areas during summer months. Excellent opportunity for an owner user for an investment property. Only 1/4 mile from the Wells turnpike exit makes it very easy and quick access to I95.
TAXES & OPERATING EXPENSES (ACTUAL - 2025) |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Taxes |
$4,090
|
$1.07
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$4,090
|
$1.07
|
TAXES & OPERATING EXPENSES (ACTUAL - 2025)
| Taxes (CAD) | |
|---|---|
| Annual | $4,090 |
| Annual Per SF | $1.07 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $4,090 |
| Annual Per SF | $1.07 |
PROPERTY FACTS
| Price | $1,186,532 CAD | Rentable Building Area | 3,820 SF |
| Price Per SF | $310.61 CAD | No. Stories | 2 |
| Sale Type | Owner User | Year Built | 2003 |
| Property Type | Flex | Parking Ratio | 3.93/1,000 SF |
| Property Subtype | Light Manufacturing | Clear Ceiling Height | 20’ |
| Building Class | C | No. Drive In / Grade-Level Doors | 2 |
| Lot Size | 1.10 AC | ||
| Zoning | RC - Residential/Commercial | ||
| Price | $1,186,532 CAD |
| Price Per SF | $310.61 CAD |
| Sale Type | Owner User |
| Property Type | Flex |
| Property Subtype | Light Manufacturing |
| Building Class | C |
| Lot Size | 1.10 AC |
| Rentable Building Area | 3,820 SF |
| No. Stories | 2 |
| Year Built | 2003 |
| Parking Ratio | 3.93/1,000 SF |
| Clear Ceiling Height | 20’ |
| No. Drive In / Grade-Level Doors | 2 |
| Zoning | RC - Residential/Commercial |
AMENITIES
- Security System
- Air Conditioning
UTILITIES
- Heating - Gas
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PROPERTY TAXES
| Parcel Number | WLLS-000049-000034-000000-A000000 | Total Assessment | $676,058 CAD (2024) |
| Land Assessment | $217,830 CAD (2024) | Annual Taxes | $4,090 CAD ($1.07 CAD/SF) |
| Improvements Assessment | $458,228 CAD (2024) | Tax Year | 2025 |
PROPERTY TAXES
Parcel Number
WLLS-000049-000034-000000-A000000
Land Assessment
$217,830 CAD (2024)
Improvements Assessment
$458,228 CAD (2024)
Total Assessment
$676,058 CAD (2024)
Annual Taxes
$4,090 CAD ($1.07 CAD/SF)
Tax Year
2025
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38 Hubbard Ln
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