Freestanding Corner Retail-Office
2049 Post Road Wells Wells, ME 04090
For Sale
$1,299,000
Two-story freestanding building on a corner lot with on-site parking for about 20 vehicles and frontage on Post Road.
Property Size4,706 SF
Price / SF$276.03
Days on Market15
Property Features for 2049 Post Road Wells
General Information
- Standard status
- Active
- Size
- 4,706 SF
Building Details
- Year Built
- 1978
Listing Agency:
eXp Realty LLC - Corporate Office
(888) 854-7493
Listed By:
Marcela daSilvaPereira
(888) 854-7493
Source:
Ma.exprealty
Added: Jul 10
Changed: Jul 23
Last Checked: Jul 24 at 4:58AM
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.
This freestanding two-story commercial building sits on a corner lot and totals 4,310 square feet. The post-and-beam structure includes soaring cathedral ceilings and a flexible interior layout suitable for a range of commercial uses. The property also features a detached accessory building offering garage space plus additional unfinished square footage that may support future expansion or storage needs.
The building has approximately 148 feet of frontage on Post Road and is positioned along the Route 1 corridor. On-site parking accommodates approximately 20 vehicles, and the property is described as benefiting from strong year-round traffic with added seasonal tourism.
The arrangement supports adaptable front-of-house and workspace configurations, with on-site parking for tenant and customer convenience. The detached accessory structure adds practical space beyond the main building footprint.
The building has approximately 148 feet of frontage on Post Road and is positioned along the Route 1 corridor. On-site parking accommodates approximately 20 vehicles, and the property is described as benefiting from strong year-round traffic with added seasonal tourism.
The arrangement supports adaptable front-of-house and workspace configurations, with on-site parking for tenant and customer convenience. The detached accessory structure adds practical space beyond the main building footprint.
Key Highlights
- Freestanding two‑story commercial building on a corner lot along the Route 1 corridor in Wells
- Approximately 148 ft of frontage on Post Road, with building area total of 4,706 SF
- Flexible interior layout with soaring cathedral ceilings; suitable for retail, office, restaurant, showroom, wellness, or other service uses
Financial Insights For Office B
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 | $117.5k | $24.96 |
| − Vacancy | −$14.7k | −$3.12 |
| EGI | $102.8k | $21.84 |
| − OpEx | −$25.7k | −$5.46 |
| NOI | $77.1k | $16.38 |
4,706 SF · lease $24.96/SF/yr · vacancy 12.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.10M
$963.6K – $1.28M
NOI $77,084 @ 7.0% cap · market cap 5.93%
Second Best
Retail
$816.4K
$714.4K – $952.5K
NOI $57,149 @ 7.0% cap · market cap 4.40%
Theoretical Best
Office A
$1.49M
$1.31M – $1.74M
NOI $104,424 @ 7.0% cap · market cap 8.04%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Kindred & Company Coastal ...
Home Decor Store
FAQs
What type of property is this?
Office building - Two-story freestanding building on a corner lot with on-site parking for about 20 vehicles and frontage on Post Road.
Where is this office building located?
The property is located at 2049 Post Road Wells Wells, ME.
What is the asking price?
The asking price for this property is $1,299,000.
What are key features of this property?
This property features: Freestanding two‑story commercial building on a corner lot along the Route 1 corridor in Wells; Approximately 148 ft of frontage on Post Road, with building area total of 4,706 SF; Flexible interior layout with soaring cathedral ceilings; suitable for retail, office, restaurant, showroom, wellness, or other service uses
