Highly Visible Retail Property with
2244 Post Road Wells, ME 04090
For Sale
$775,000
COMMERCIAL - Wells, ME
Property Size5,558 SF
Lot Size0.78 Acres
Price / SF$139.44
Days on Market10
Property Features for 2244 Post Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Retail
- Zoning
- General Business Dis
- Parking features
- Off Street
- Standard status
- Active
- Size
- 5,558 SF
- Lot size
- 0.78 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 3480
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating), Oil, Heat Pump (Heating)
- Cooling system
- Heat Pump
- Water source
- Public
Building Details
- Year built
- 1900
- Building materials
- Wood Frame
Listing Agency:
Keller Williams Realty
(207) 879-9800
Listed By:
Zachary Resnikoff
(207) 606-9665
Added: Jul 16
Last Checked: Jul 25 at 4:06AM
MLS# 1672132
Copyright © 2026 Maine Listings. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This for-sale retail property at 2244 Post Road in Wells, Maine features an existing set of retail improvements and is positioned for continued retail use. The lot totals 0.78 acres, with a building size of 5,558 square feet. The current business will stay in operation through 9/30/26 unless a buyer requests otherwise.
The property is located on Post Road (U.S. Route 1), a highly visible retail corridor, and is described as offering exceptional frontage and strong exposure. Ample on-site parking supports customer access and convenience for year-round retail activity. Zoning is listed as General Business Dis.
The property is located on Post Road (U.S. Route 1), a highly visible retail corridor, and is described as offering exceptional frontage and strong exposure. Ample on-site parking supports customer access and convenience for year-round retail activity. Zoning is listed as General Business Dis.
Key Highlights
- Highly visible commercial property at 2244 Post Road (U.S. Route 1) in Wells
- Wood frame construction
- Heated by electric, oil, and heat pump systems; cooled by a heat pump
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $105.4k | $18.96 |
| − Vacancy | −$9.0k | −$1.61 |
| EGI | $96.4k | $17.35 |
| − OpEx | −$28.9k | −$5.20 |
| NOI | $67.5k | $12.14 |
5,558 SF · lease $18.96/SF/yr · vacancy 8.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$964.2K
$843.7K – $1.12M
NOI $67,496 @ 7.0% cap · market cap 8.71%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.76M
$1.54M – $2.06M
NOI $123,330 @ 7.0% cap · market cap 15.91%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Coles Corner Gift ...
(Bike/Boat/Book/etc) Store
FAQs
What type of property is this?
Retail space - Retail property on Post Road (US Route 1) with abundant on-site parking and established improvements.
Where is this retail space located?
The property is located at 2244 Post Road Wells, ME.
What is the asking price?
The asking price for this property is $775,000.
What are key features of this property?
This property features: Highly visible commercial property at 2244 Post Road (U.S. Route 1) in Wells; Wood frame construction; Heated by electric, oil, and heat pump systems; cooled by a heat pump
