Landmark Restaurant and Pub
For Sale
$1,699,000
52 Post Road, Wells, ME 04090
Landmark restaurant and pub with a fully equipped kitchen, bar, and additional upper dining space.
Property Size5,218 SF
Price / SF$325.60
Days on Market78
Property Features for 52 Post Road
General Information
Standard status
Active
Size
5,218 SF
Property subtype
General Commercial
Restaurant
Commercial Hood
Yes
Liquor License
Yes
Additional Details
Business Included
Yes
Multifamily Units
2
Building Details
Year Built
1979
Listing Agency:
Anchor Real Estate
(207) 361-5007
Listed By:
Anchor Real Estate
(207) 361-5007
Source:
Xome
Added: May 19
Changed: Jul 10
Last Checked: Jun 14 at 1:45AM
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 Anchor Real Estate
Investment Insights
Based on property information with market context.
This landmark restaurant and pub property includes a main building with kitchen and dining space featuring a waiting area and a spacious dining room with a 14-person bar, anchored by an impressive grand stone fireplace. Interior details include exposed posts and beams with warm wood tones and brick and stone accents. A centrally located kitchen provides efficient access to the dining areas, and a closed-circuit camera system supports staff visibility during busy service.
The upper level offers a large event-capable dining area with a second bar, along with a distant ocean view. Outdoor dining is supported by a newly added patio designed as a more private retreat for seasonal use. In addition to the restaurant, the property includes an additional portion of space currently used for office and storage, including a 2-bedroom, 1-bath efficiency-style apartment.
The property is positioned on Post Road with prominent Route 1 frontage and ample parking, supporting easy guest access in a high-traffic setting. With a kitchen that is fully equipped for continued operations—including major cooking and refrigeration equipment—this is a strong fit for an operator seeking a ready-to-run restaurant and pub concept, or for an owner looking to combine dining use with flexible office, storage, and residential components.
The upper level offers a large event-capable dining area with a second bar, along with a distant ocean view. Outdoor dining is supported by a newly added patio designed as a more private retreat for seasonal use. In addition to the restaurant, the property includes an additional portion of space currently used for office and storage, including a 2-bedroom, 1-bath efficiency-style apartment.
The property is positioned on Post Road with prominent Route 1 frontage and ample parking, supporting easy guest access in a high-traffic setting. With a kitchen that is fully equipped for continued operations—including major cooking and refrigeration equipment—this is a strong fit for an operator seeking a ready-to-run restaurant and pub concept, or for an owner looking to combine dining use with flexible office, storage, and residential components.
Key Highlights
- Landmark restaurant and pub opportunity with over 3,580 SF of kitchen and dining space
- Main dining room includes a 14‑person bar and a grand stone fireplace; waiting area at entry
- Upper level offers a 29' x 33' space with a second bar and a distant ocean view
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 | $130.2k | $24.96 |
| − Vacancy | −$16.3k | −$3.12 |
| EGI | $114.0k | $21.84 |
| − OpEx | −$28.5k | −$5.46 |
| NOI | $85.5k | $16.38 |
5,218 SF · lease $24.96/SF/yr · vacancy 12.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.22M
$1.07M – $1.42M
NOI $85,471 @ 7.0% cap · market cap 5.03%
Second Best
Specialty Retail
$901.6K
$788.9K – $1.05M
NOI $63,110 @ 7.0% cap · market cap 3.71%
Theoretical Best
Office A
$1.65M
$1.45M – $1.93M
NOI $115,786 @ 7.0% cap · market cap 6.81%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Turnkey business
Opportunity
Yes
Commercial hood
Yes
Liquor license
Location Intelligence
Trade Area within ½ mile
104
Businesses Nearby
Well-served
Demand for This Use
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Landmark restaurant and pub with a fully equipped kitchen, bar, and additional upper dining space.
Where is this conventional restaurant located?
The property is located at 52 Post Road Wells, ME.
What is the asking price?
The asking price for this property is $1,699,000.
What are key features of this property?
This property features: Landmark restaurant and pub opportunity with over 3,580 SF of kitchen and dining space; Main dining room includes a 14‑person bar and a grand stone fireplace; waiting area at entry; Upper level offers a 29' x 33' space with a second bar and a distant ocean view
