773 Post Road, Wells, ME 04090 (MLS# 1462359)

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

Overview

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.

Listing Details MLS# 1462359

Location Information

Street #: 773
Street Name: Post
Street Type: Road
County: York
Town: Wells
State/Province: ME
Zip Code: 04090
Zip +4: 4112
Leased Land: No
Book: 16097
Page: 053
Map: 0117
Lot: 053
Zoning: GB
Full Tax Amount $: 7221
Tax Year: 2019
Association Y/N: No

Contract Information

Original List Price: 1300000

Property Information

Primary Use: Mixed Use
Surveyed: Unknown
Year Built: 1980
SqFt Finished Total: 1787
Lot Size Acres +/-: 1.22

Status Change Info

Pending Date: 2021-05-24
Closed Date: 2021-07-07
Closed Price: 1200000

Water Info

Water Frontage: No
Water View: No

Location

Other Location: Yes

More Information

Property Uses

Hotel/Motel: Yes

Parking

21+ Spaces: Yes
On Site: Yes

Sewer

Public Sewer: Yes

Water

Public: Yes

Property Features

Location: Other Location Property Uses: Hotel/Motel Parking: 21+ Spaces; On Site Sewer: Public Sewer Water: Public

Documents

Disclosure ›

IDX

Listing Office: Malone Commercial Brokers, Inc.

Selling Office: Anne Erwin Sotheby's International Realty

Last Updated: January - 04 - 2025

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