971 Post Road, Wells, ME 04090

$1,050,000
Property Type: Commercial Square Footage: 13,610 Lot Size (sq. ft.): 35,284 Status: Closed
Current Price: $1,050,000 List Date: 3/16/2022 Last Modified: 1/27/2025

Overview

Description

This is a wonderful opportunity to take on a fully operating 15 Suites Motel/Inn on the main route through Wells, Maine, and with ample parking on-site. Situated on Route 1 and only a mile from Wells Beach, and close to all restaurants, fast food, and shopping. At least one suite can be utilized for owners quarters if required. You will inherit a solid customer base and a fully operational business ready to go for the Spring Season. There is an indoor swimming pool that is not fully utilized right now but can be an added attraction for guests. With a welcoming atmosphere and comfortable settings, this is a great opportunity for new owners to get in ready for the new Season.

Listing Details MLS# 1521872

Location Information

Street #
971
Street Name
Post
Street Type
Road
County
York
Town
Wells
State/Province
ME
Zip Code
04090
Zip +4
4159
Leased Land
No
Book
18985
Page
422
Map
0121
Block
020
Zoning
General Business
Full Tax Amount $
6353
Tax Year
2021
Association Y/N
No
Lot
No

Contract Information

Original List Price
1300000

Property Information

Primary Use
General Commercial
Surveyed
Unknown
Year Built
1900
Tenancy
Single Tenant
Leases
No
Total # Floors
2
SqFt Finished Total
13610
Lot Size Acres +/-
0.81
Road Frontage +/-
200

Status Change Info

Pending Date
2022-04-18
Closed Date
2022-05-25
Closed Price
1050000

Commercial Bldg Information

Total Units
15
Traffic Count +/-
14000

Sold Info

Appraiser Email Address
larry@theappraisalcompany.us

More Information

Location

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

Property Uses

Bed & Breakfast
Yes
Executive Suites
Yes
Freestanding Building
Yes
Hotel/Motel
Yes
Resort
Yes

Construction

Wood Frame
Yes

Basement

Unfinished
Yes

Foundation Materials

Stone
Yes

Exterior

Clapboard
Yes

Roof

Fiberglass
Yes
Shingle
Yes

Heat Fuel

Propane
Yes

Parking

11 - 20 Spaces
Yes
Off Street
Yes
Paved
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 Construction: Wood Frame Property Uses: Bed & Breakfast; Executive Suites; Freestanding Building; Hotel/Motel; Resort Basement: Unfinished Foundation Materials: Stone Exterior: Clapboard Roof: Fiberglass; Shingle Heat Fuel: Propane Parking: 11 - 20 Spaces; Off Street; Paved Gas: Bottled Sewer: Public Sewer Water: Public Sold Terms Other: Arms Length
Listing Office: Keller Williams Coastal and Lakes & Mountains Realty
IDX
Last Updated: January - 27 - 2025
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