124 Post Road, Wells, ME 04090

$2,700,000
Property Type: Commercial Square Footage: 4,808 Lot Size (sq. ft.): 23,522 Status: Closed
Current Price: $2,700,000 List Date: 9/06/2023 Last Modified: 1/16/2025

Overview

Description

The very successful ''NEW ENGLAND HOUSE'' Restaurant is now available! Located on busy route 1 in wells close to the Ogunquit town line is where you'll find this 125 seat establishment. A large bar which is open to both the inside and outdoor dining areas is the center piece of this recently renovated building. A large outdoor patio is a very popular spot to enjoy outdoor dining or the large modern dining room with a large fireplace hearth might suit your clients better. The newest addition is the fully permitted take out window which has been a terrific source of revenue. A fully equipped commercial kitchen allows for large numbers of meals to go out quickly and a very large on site parking lot will accommodate all of your guests. Don't wait for your chance to succeed in the busy tourist town of Wells, act today!

Listing Details MLS# 1571196

Location Information

Street #
124
Street Name
Post
Street Type
Road
County
York
Town
Wells
State/Province
ME
Zip Code
04090
Leased Land
No
Book
17092
Page
97
Map
0105
Lot
007
Zoning
GB
Zoning Overlay
No
Full Tax Amount $
7498
Tax Year
2022
Association Y/N
No

Contract Information

Original List Price
3800000

Property Information

Primary Use
General Commercial
Surveyed
Yes
Deed/Conveyance Type Offered
Warranty
Deed
All
Deed Restrictions
Unknown
Bank Owned REO
No
Year Built
1981
Year Renovated +/-
2015
Tenancy
Single Tenant
Leases
No
Total # Floors
2
SqFt Finished Total
4808
Lot Size Acres +/-
0.54

Status Change Info

Pending Date
2023-10-21
Closed Date
2024-01-26
Closed Price
2700000

Commercial Bldg Information

Office SqFt +/-
720
Retail SqFt
4088

Water Info

Water Frontage
No

More Information

Utilities

Utilities On
Yes

Sold Info

Appraiser Email Address
bill.mclaughlin@cushwake.com

Location

Business District
Yes
Near Shopping
Yes
Near Turnpike/Interstate
Yes
Public Transport Access
Yes

Source of Water Frontage

Public Records
Yes

Property Uses

Bar/Tavern/Lounge
Yes
Freestanding Building
Yes
Restaurant
Yes

Recreational Water

Nearby
Yes
Oceanfront
Yes
Public
Yes

Construction

Wood Frame
Yes

Basement

Slab
Yes

Foundation Materials

Poured Concrete
Yes

Exterior

Shingle Siding
Yes
Vinyl Siding
Yes

Roof

Composition
Yes
Pitched
Yes
Shingle
Yes

Heat System

Forced Air
Yes

Heat Fuel

Gas Bottled
Yes

Cooling

Central Air
Yes

Floors

Carpet
Yes
Tile
Yes

Accessibilitiy Amenities

32 - 36 Inch Doors
Yes
36 - 48 Inch Halls
Yes
Level Entry
Yes

Building Features

Cable
Yes
Fire System
Yes
Internet Access Available
Yes
Loading Docks 1 - 4
Yes
Other Equipment
Yes
Storage
Yes

Parking

21+ Spaces
Yes
On Site
Yes
Paved
Yes

Electric

Circuit Breakers
Yes

Gas

Bottled
Yes

Sewer

Public Sewer
Yes

Water

Public
Yes

Sold Terms Other

Arms Length
Yes

Property Features

Location: Business District; Near Shopping; Near Turnpike/Interstate; Public Transport Access Source of Water Frontage: Public Records Recreational Water: Nearby; Oceanfront; Public Construction: Wood Frame Property Uses: Bar/Tavern/Lounge; Freestanding Building; Restaurant Basement: Slab Foundation Materials: Poured Concrete Exterior: Shingle Siding; Vinyl Siding Roof: Composition; Pitched; Shingle Heat System: Forced Air Heat Fuel: Gas Bottled Cooling: Central Air Floors: Carpet; Tile Building Features: Cable; Fire System; Internet Access Available; Loading Docks 1 - 4; Other Equipment; Storage Parking: 21+ Spaces; On Site; Paved Electric: Circuit Breakers Gas: Bottled Sewer: Public Sewer Water: Public Sold Terms Other: Arms Length
IDX
Listing Office: RE/MAX Realty One
Selling Office: Keller Williams Coastal and Lakes & Mountains Realty
Last Updated: January - 16 - 2025
Broker Attribution: (207)252-1775

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