Pizza Restaurant with
743 N North Berwick Road Wells, ME 04090
743 N North Berwick Road, Wells, ME, 04090
$850,000
For Sale
$850,000
For sale pizza restaurant featuring a spacious dining area, fully equipped kitchen, and 28 parking spaces.
Property Size2,200 SF
Price / SF$386.36
Days on Market115
Property Features for 743 N North Berwick Road
General Information
- Standard status
- Active
- Size
- 2,200 SF
- Property subtype
- General Commercial
Building Details
- Year Built
- 1986
Listing agency
RE/MAX Realty One
(207) 333-0400
Listed by
Dawson Sibley · License #SA924953
(207) 333-0400
Source
Xome
Added: Mar 30 Updated: Jul 21 at 1:28PM Checked: Jul 21 at 1:28PM
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 RE/MAX Realty One
Investment Insights
Based on property information with market context.
This property is a for-sale pizza restaurant set up for food service, with a spacious dining area and a fully equipped kitchen. The building also includes modern amenities and is configured to support day-to-day restaurant operations.
Located at 743 N North Berwick Road in Wells, Maine, the property is described as being in a high-traffic area with visibility and accessibility for customers. Ample off-street parking is available with 28 spaces.
The offering is currently laid out as a pizza restaurant and presents a turnkey option for an operator seeking an existing restaurant configuration and on-site parking.
Located at 743 N North Berwick Road in Wells, Maine, the property is described as being in a high-traffic area with visibility and accessibility for customers. Ample off-street parking is available with 28 spaces.
The offering is currently laid out as a pizza restaurant and presents a turnkey option for an operator seeking an existing restaurant configuration and on-site parking.
Key Highlights
- Pizza restaurant in Wells, Maine with a spacious dining area and fully equipped kitchen
- On‑site parking for 28 vehicles
- Central air cooling
Local Financial Insights For Specialty 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 | $39.6k | $18.00 |
| − Vacancy | −$4.1k | −$1.87 |
| EGI | $35.5k | $16.13 |
| − OpEx | −$8.9k | −$4.03 |
| NOI | $26.6k | $12.09 |
2,200 SF · lease $18.00/SF/yr · vacancy 10.41% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$380.1K
$332.6K – $443.5K
NOI $26,608 @ 7.0% cap · market cap 3.13%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$697.4K
$610.2K – $813.6K
NOI $48,817 @ 7.0% cap · market cap 5.74%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Conventional restaurants
Similar For Sale Nearby
FAQs
What type of property is this?
Conventional restaurant - For sale pizza restaurant featuring a spacious dining area, fully equipped kitchen, and 28 parking spaces.
Where is this conventional restaurant located?
The property is located at 743 N North Berwick Road Wells, ME.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Pizza restaurant in Wells, Maine with a spacious dining area and fully equipped kitchen; On‑site parking for 28 vehicles; Central air cooling
