773 Post Road, Wells, ME 04090
$1,200,000
Property Type:
Commercial
Square Footage:
1,787
Lot Size (sq. ft.):
53,143
Status:
Closed
Current Price:
$1,200,000
List Date:
7/29/2020
Last Modified:
1/04/2025
Description
SUCCESSFUL TURNKEY MOTEL & COTTAGES BUSINESS
OWNER'S RESIDENCE INCLUDED - 1.22 AC ON US ROUTE 1
Business includes 11 motel units and 7 cottages - with room to build more units
Well landscaped 1.22 acres with a swimming pool and picnic area; beaches are nearby
Owner's residence is a 1,787 SF historic home separate from the business property
The house can be rented out during the summer months for $2500 per week
Potential condo conversion and additional lot to add cottages
Sale includes all motel/cottage FF&E and all future bookings and furnished residential home
SALE PRICE: $ 1,540,000
Financial information available upon request and a signed Confidentiality Agreement.
Supplements: ********
More Information MLS# 1462359
Location Information
Book: 16097
Leased Land: No
Page: 053
Map: 0117
Lot: 053
Association Y/N: No
Street #: 773
Street Name: Post
Street Type: Road
County: York
Town: Wells
State/Province: ME
Zip Code: 04090
Zip +4: 4112
Zoning: GB
Full Tax Amount $: 7221
Tax Year: 2019
Geo Lat: 43.296195
Geo Lon: -70.587218
Property Information
Primary Use: Mixed Use
Surveyed: Unknown
Lot Size Acres +/-: 1.22
Year Built: 1980
SqFt Finished Total: 1787
Location
Other Location: 1
Water Info
Water Frontage: No
Water View: No
Property Uses
Hotel/Motel: 1
Parking
21+ Spaces: 1
On Site: 1
Sewer
Public Sewer: 1
Water
Public: 1
Contract Information
Status: Closed
Original List Price: 1300000
Sold Price: $1,200,000
Current Price: $1,200,000
Status Change Info
Pending Date: 2021-05-24
Closed Date: 2021-07-07
Closed Price: 1200000
Property Features
Location: Other Location
Property Uses: Hotel/Motel
Parking: 21+ Spaces; On Site
Sewer: Public Sewer
Water: Public
Documents
Disclosure ›
Listing Office:
Malone Commercial Brokers, Inc.
IDX
Last Updated: January - 04 - 2025
Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. Copyright ©2022 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.