First-Floor Office
For Sale
Contact for pricing
2049 Post Road Unit 1B, Wells, ME 04090
Open-layout office suite with convenient access, shared common areas, and on-site parking.
Property Size348 SF
Price / SF$2.01
Days on Market98
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Property Features for 2049 Post Road Unit 1B
General Information
Standard status
Active
Size
348 SF
Property subtype
Commercial
Additional Details
Floor
1
Amenities
shared common areas
Building Details
Year Built
1978
Construction
post-and-beam
Listing Agency:
eXp Realty LLC - Corporate Office
(888) 854-7493
Listed By:
Kimberly Haesler
(248) 930-1333
Source:
Lockandkeyre
Added: Jul 10
Changed: Oct 15
Last Checked: Oct 15 at 1:01AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Realty LLC - Corporate Office
Investment Insights
Based on property information with market context.
Suite 1B provides approximately 348 SF of first-floor office space within a post-and-beam commercial property built in 1978. The suite features an open layout and access to shared common areas, with the option to combine it with adjacent Suite 1A for additional space. The property also offers on-site parking and a quieter workspace within the building.
Positioned along Route 1 in Wells, the property benefits from visibility along an established commercial corridor with year-round traffic and seasonal tourism exposure. Beaches, restaurants, shopping, and other businesses are located nearby. The suite is suited to professional services, consulting, wellness, therapy, administrative office, and other low-impact commercial uses. NNN lease structure applies.
Positioned along Route 1 in Wells, the property benefits from visibility along an established commercial corridor with year-round traffic and seasonal tourism exposure. Beaches, restaurants, shopping, and other businesses are located nearby. The suite is suited to professional services, consulting, wellness, therapy, administrative office, and other low-impact commercial uses. NNN lease structure applies.
Key Highlights
- Approximately 348 SF of office space in Suite 1B
- First‑floor location with an open layout
- Adjacent Suite 1A may be combined for additional space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$5,700
Suggested Prices Based on Cap Rates
Cap Rate 5%
$114,000
$114.0K
Cap Rate 7%
$81,429
$81.4K
Cap Rate 9%
$63,333
$63.3K
Market Conditions
NOI Build-Up for 348 SF
Gross rent
$8.7K $24.96/SF
− Vacancy
−$1.1K −$3.12/SF
EGI
$7.6K $21.84/SF
− OpEx
−$1.9K −$5.46/SF
NOI
$5.7K $16.38/SF
Area
York County, ME
Vacancy
12.50%
Lease Rate
$24.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$114,000
Cap Rate 7%
$81,429
Cap Rate 9%
$63,333
Alternative Uses
Best Use
Office B
$81.4K
$71.3K – $95.0K
NOI $5,700 @ 7.0% cap · market cap 814.29%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$110.3K
$96.5K – $128.7K
NOI $7,722 @ 7.0% cap · market cap 1,103.14%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
92
Businesses Nearby
Explore this area
Business Placement
Demographics for 04090, ME
11,314
Population
9,590
Households
1.2
Avg Household Size
53
Median Age
38%
College-Educated
92%
High-School Grad
57.7 sq mi
ZIP Area
196
Density / Sq Mi
$83,900
Median Household Income
$47,928
Median Earnings
$1,313
Median Rent
$445,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office units - Open-layout office suite with convenient access, shared common areas, and on-site parking.
Where is this office units located?
The property is located at 2049 Post Road Unit 1B Wells, ME.
What are key features of this property?
This property features: Approximately 348 SF of office space in Suite 1B; First‑floor location with an open layout; Adjacent Suite 1A may be combined for additional space
