Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Restaurant and Retail Buildings Auction Title is generated by Realmo AI

    2265 Post Rd., Wells, ME 04090

    View on Map
    Claim this Listing
    For Sale
    $1,730,270

    Commercial Business - Wells, ME

    Property size:
    4,790 SF
    Lot size:
    3.58 Acres
    Price / SF:
    $361/SF
    Added:
    May 4, 2026
    Days on Market:
    29
    Last Refresh:
    Jun 1 at 10:06 pm

    Property Features for 2265 Post Rd.

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Parking features
    Garage
    Standard status
    Active
    Size
    4,790 SF
    Lot size
    3.58 Acres

    Taxes and HOA fees

    Tax Annual Amount
    0

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Richard Keenan

    Listing agent Richard Keenan

    Listing office Keenan Auction Company, Inc. 2063 Congress St, South Portland, ME

    Listing date May 4, 2026

    MLS# 11738728 Listing URL

    Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 3.58+/- acre parcel with 502+/- ft. of frontage on U.S. Route 1
    • Includes a circa 1956 single‑story diner (3,302+/-SF) with a large dining room, breakfast/lunch bar area, commercial kitchen, and (4) bathrooms.
    • Features a circa 1931 cape‑style gift shop (1,488+/-SF) with a full foundation and (2) baths.
    • Includes a 1‑acre garden used to grow fresh produce for the restaurant.
    • Real Estate Foreclosure Auction on June 4, 2026, offering a potential opportunity for acquisition.
    • Buyer Broker Participation Available.

    Overview

    This property features a 3.58+/- acre parcel with 502+/- ft of frontage on Us Rt. 1. The site includes a circa 1956 single-story diner of 3,302+/- square feet and a circa 1931 cape-style gift shop of 1,488+/- square feet. The diner is a wood frame structure with a large dining room, breakfast/lunch bar area, a commercial kitchen, and four bathrooms. It sits on a slab foundation with a vinyl-sided exterior and a flat roof with asphalt shingles. The gift shop is a wood-framed structure with a full foundation, two bathrooms, aluminum siding, and an enclosed porch. The property also includes a 1-acre garden used to grow fresh produce for the restaurant. The diner was built around 1956 and the gift shop around 1931.
    Property Profile Location Intelligence

    Current Use by Public Records

    Maine Diner and gift ... Restaurant

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Auto Repair Shop Hair Salon Hotel & Motel Department Store Skin Care Clinic Storage Facility

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Wells
    County
    York
    State
    Maine
    Longitude
    -70.563093
    Latitude
    43.341913

    Nearby Similar for Sale

    • $850,000
      2,200 SF

      Restaurant Opportunity in Wells, Maine

      Commercial real estate opportunity in high-traffic Wells, Maine.
      743 N Berwick Road, Wells, ME 04090
      View Details
    • $1,299,000
      4,310 SF

      Retail Opportunity on Route 1

      Two-story commercial building on a high-traffic retail corridor.
      2049 Post Road, Wells, ME 04090
      View Details
    • $679,000
      3,769 SF

      Waterfront Multi-Family Investment Opportunity

      Three homes on one lot with river frontage in Wells.
      1597 Sanford Road, Wells, ME 04090
      View Details
    • $2,195,000
      2,160 SF

      Coastal Duplex with Ocean Views

      Modern duplex near the beach, ideal for living and income.
      26 Atlantic Avenue, Wells, ME 04090
      View Details
    • $989,000
      2,145 SF

      COMMERCIAL - Wells, ME

      133 Eldridge Road, Wells, ME 04090
      View Details
    • $975,000
      18,324 SF

      Unique Retail Building with Expansion Potential

      High-visibility retail building with expansion and development opportunities.
      259 Post Road, Wells, ME 04090
      View Details
    • $1,700,000
      1,500 SF

      Sanford Road Automotive Repair Space

      Automotive repair space with lifts and ample parking available forrent.
      209 Sanford Rd, Wells, ME
      View Details
    • $650,000
      2,079 SF

      Approved Site For Restaurant

      Approved site for a restaurant with drive-through.
      910 Post Rd, Wells, ME 04090
      View Details

    FAQs

    What type of property is this?
    Conventional restaurant - Restaurant and retail buildings with support equipment on 3.58+/- acres.
    Where is this conventional restaurant located?
    The property is located at 2265 Post Rd. Wells, ME.
    What is the asking price?
    The asking price for this property is $1,730,270.
    What are key features of this property?
    This property features: 3.58+/- acre parcel with **502+/- ft. of frontage on U.S. Route 1**; Includes a circa 1956 single‑story diner (3,302+/-SF) with a large dining room, breakfast/lunch bar area, commercial kitchen, and (4) bathrooms.; Features a circa 1931 cape‑style gift shop (1,488+/-SF) with a full foundation and (2) baths.
    (207) 885-5100
    We can help!
    Listing Contact
    Richard Keenan
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    2265 Post Rd., Wells, ME 04090
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!