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Highly Visible Retail Property with Parking

2244 Post Road Wells, ME 04090

New
2244 Post Road, Wells, ME, 04090
$775,000
For Sale
Claim this Listing
$775,000

COMMERCIAL - Wells, ME

Property Size5,558 SF
Lot Size0.78 Acres
Price / SF$139.44
AddedJul 16
Days on Market1
Last RefreshJul 16 at 1:06 pm

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 agent Zachary Resnikoff

Listing office Keller Williams Realty 50 Sewall Street, Portland, ME

Listing date Jul 16, 2026

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.

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

Local 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 (±1% cap)
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 (±1% cap)
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

Suggested Use

Auto Repair Shop Storage Facility Hair Salon Bakery Law Firm Skin Care Clinic (Bike/Boat/Book/etc) Store Furniture & Home Goods Daycare Center (Bike/Boat/Book/etc) Store

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

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
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