Address
876 Post Road Wells, ME
Price
$ 2,200,000
Property Attributes
  • MLS#1464402
  • TypeCommercial
  • CountyYORK
  • CityWells
  • Zip04090
  • StyleBar/Tavern/Lounge,Bed and Breakfast,Commercial,Fle
  • Year Built1880
  • Taxes11940
  • Price$ 2,200,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage11022
  • Lot Size3.4 Acres
Listing Provided Courtesy Of:
Fontaine Family-The Real Estate Leader
Property Description

Location location! The best Maine has to offer! Ideal for owner operated business. Excellent opportunity to acquire an operating motel with 17 rooms, 10 cottages and three suites in the inn. Each unit contains microwave, refrigerator, Wi-Fi, and satellite TV. Three suites in the inn are suitable for year-round rental, plus owner's quarters and worker's quarters.Single home with the option to rent 3 units year round with 5 bedrooms, 5 baths. Situated on prime 3.4 acre lot with a lot of privacy from the woods surrounding the property and a built in pool. Minutes from beaches located in Maine's friendliest tourist destination. Located on RT.1 in York County between Ogunquit (3 miles away) and Kennebunkport (5 miles away) with more than 150 ft. of road frontage. Best backyard on Rt.1. Total of 30 rental units. Property has been meticulously maintained and has nice furnishings and updated finishes. Five cottages come with complete kitchens and cooking utensils. Commercial laundry facilities on premises with two commercial washing machines and two commercial dryers. The property is being sold as a turnkey operation with all furniture staying except furniture and paintings in the Main House. Property is a perfect place to add a diner or breakfast cafe or coffee shop. Plenty of land to expand parking. All renters in place for the 2020 season. Access to a trolley route for transportation. There is room for development of campground in back or another 30 unit motel unit. This property has had many renovations and updates. Owner will train new owner. Mature landscaping and gardens. Future bookings follow property. If owner occupied, it is a joy to wake up during both high and low seasons and look out at the beautiful backyard, live in the heart of Maine's most lucrative tourist district near some of the world's best beaches. Restaurants and amenities within walking distance. Perfect setting for weddings and family gatherings.

General Features

Construction Wood Frame
Electric Circuit Breakers
Location Business District, Historic District, Near Shopping, Near Turnpike/Interstate
Parking On Site, Paved
Primary Use General Commercial
Property Type D
Property Uses Bar/Tavern/Lounge, Bed and Breakfast, Commercial, Flex, Hotel/Motel, Other
Roof Shingle
Sewer Public Sewer
Status Active
Tax Year 2019
Water Public
Zoning GB

Interior Features

Basement Full, Unfinished
Floors Carpet, Tile, Vinyl, Wood
Gas No Gas
Heating Fuel Oil
Heating System Hot Water, Radiator

Exterior Features

Exterior Wood Siding
Foundation Materials Poured Concrete

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 04090

Statistics provided by Inside Real Estate

Price
AVG $710K
$2.2M
Taxes
AVG $4,178
$11,940
Visits
AVG 4
4
Year Built
AVG 1918
1880

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