Mixed-Use Commercial
For Sale
$350,000
22 Laudholm Farm Road #Unit 6, Wells, ME 04090
Flexible commercial space combines contractor-oriented units, office suites, and residential apartments with Route 1 exposure.
Property Size1,000 SF
Days on Market333
Property Features for 22 Laudholm Farm Road #Unit 6
General Information
Standard status
Active
Size
1,000 SF
Property subtype
Commercial
Zoning
GB
Building Details
Building Size
1,000 SF
Year Built
2025
Stories
1
Listing Agency:
The Maine Real Estate Experience
(603) 387-0579
Listed By:
Michelle Lachance
(603) 387-0579
Source:
Startpoint
Added: Sep 8, 2025
Changed: Aug 3
Last Checked: Aug 5 at 2:00PM
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 The Maine Real Estate Experience
Investment Insights
Based on property information with market context.
This mixed-use commercial property includes two buildings designed for varied business operations. The first building has eight 1,000-square-foot ground-level units, each with a private bathroom, heating, air conditioning, ceiling fans, and a 14-foot overhead door. The second building contains two approximately 900-square-foot commercial spaces with private bathrooms, heating, and air conditioning, plus two residential apartments above.
Office and residential areas remain under construction, allowing buyers to select and customize interior finishes and layouts. A full fire suppression system and landscaped grounds are also part of the property. Positioned along visible Route 1, the site provides access for customers, suppliers, and service vehicles, with Kennebunk and Kennebunkport accessible from the area. Public transit is within five miles.
Office and residential areas remain under construction, allowing buyers to select and customize interior finishes and layouts. A full fire suppression system and landscaped grounds are also part of the property. Positioned along visible Route 1, the site provides access for customers, suppliers, and service vehicles, with Kennebunk and Kennebunkport accessible from the area. Public transit is within five miles.
Key Highlights
- Eight 1,000‑square‑foot ground‑level commercial units
- Each unit includes a private bathroom and 14‑foot overhead door
- Two approximately 900‑square‑foot commercial spaces with private bathrooms
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 | $25.0k | $24.96 |
| − Vacancy | −$3.1k | −$3.12 |
| EGI | $21.8k | $21.84 |
| − OpEx | −$5.5k | −$5.46 |
| NOI | $16.4k | $16.38 |
1,000 SF · lease $24.96/SF/yr · vacancy 12.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$234.0K
$204.8K – $273.0K
NOI $16,380 @ 7.0% cap · market cap 4.68%
Second Best
Flex RnD
$200.3K
$175.2K – $233.6K
NOI $14,018 @ 7.0% cap · market cap 4.01%
Theoretical Best
Office A
$317.0K
$277.4K – $369.8K
NOI $22,190 @ 7.0% cap · market cap 6.34%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
72
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
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Flexible commercial space combines contractor-oriented units, office suites, and residential apartments with Route 1 exposure.
Where is this mixed-use property located?
The property is located at 22 Laudholm Farm Road #Unit 6 Wells, ME.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Eight 1,000‑square‑foot ground‑level commercial units; Each unit includes a private bathroom and 14‑foot overhead door; Two approximately 900‑square‑foot commercial spaces with private bathrooms
