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About the Listing 3631 - 016570
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, 3 BR & 1 BA- residential, leased as a 2 BR 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.
Listing Highlights
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances: Internet Access Available
- Air Cond: Heat Pump,Wall Unit(s)
- Heating: Gas Bottled,Multi-Fuel System,Solar,Heat Pump,Hot Water
- Fireplaces:
- Floor: Carpet,Luxury Vinyl
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Slab
- Other:
- Water: Public
Exterior Details
- Lot Description: Business District,Downtown,Near Shopping,Near Turnpike/Interstate,Retail Strip,Public Transport Access
- Garage Capacity: N/A
- Zoning: commercial
- Roof: Fiberglass,Membrane
- Others:
- Sewer: Public Sewer
- Parking Features: 21+ Spaces,On Site,Paved,Gravel
Financial Details
- Tax Amount: $5,094
- Taxes w/Assessments: N/A
- Tax/Property ID: WLLS-000135-000000-000001
- Tax Year: 2025
Payment Calculator
Monthly Payment
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Questions About..
1574 Post Rd Wells, ME 04090
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