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    40-75 Wells Plz Wells, ME 04090

    Sponsored
    For Lease
    Contact for pricing

    Prime Retail Space, Route 1 Visibility

    Lot size:
    93,263 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional retail opportunity presents two available inline spaces within the well-established Wells Plaza, a 93,263 square foot retail strip center situated on 15.03 acres in York County's desirable Wells/Berwick submarket. The property boasts a Class B rating, having been built in 1973 and renovated in 1990. The two-building, single-story complex offers a total of 12 suites, with a minimum divisible space of 1,676 square feet and a maximum of 3,274 square feet (based on available units). The center benefits from high visibility and excellent traffic flow due to its strategic location on Post Road/US Route One. Strong co-tenancy is provided by established businesses such as Hannaford, Flagship Cinemas, and Reny's. Ample parking is available for customers and employees, with a total of 633 spaces. The property is zoned GB - General Business (Map 121, Lot 024) and features all necessary power. Elevators are not present. This is an ideal location for businesses seeking high traffic exposure and a strong tenant mix in a well-maintained retail center. The property offers a unique opportunity to establish or expand your business in a thriving commercial area.

    Property Features for 40-75 Wells Plz

    General Information

    Property type
    Strip malls
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    93,263 SF
    Class
    B

    Building Details

    Year Built/Renovated
    1973/1990
    Buildings
    2
    Stories
    1

    Unit(s) available at that property

    Space
    Unit 12
    Size
    1,676 SF
    Space
    Unit 8
    Size
    3,274 SF

    HighLights

    • Retail strip center totaling 93,263 square feet.
    • Two available inline spaces ranging from 1,676 to 3,274 square feet.
    • Located in Wells/Berwick submarket, York County, with excellent visibility from Route One (Post Road/US Route One).
    • Strong tenant mix including Hannaford, Flagship Cinemas, and Reny's.
    • 15.03 acres of land with 633 parking spaces.
    Property Profile Location Intelligence

    Current Use by Public Records

    Wells Plaza Shopping Mall

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Wells
    County
    York
    State
    Maine
    Longitude
    -70.58456789
    Latitude
    43.30120311

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    Nearby Similar for Lease

    • Contact for pricing
      1,676 SF

      Retail Space in Wells Plaza

      1,676± SF retail space available for lease.
      75 Wells Plz, Wells, ME 04090
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    • $20 SF/Yr
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      90 Spencer Dr, Wells, ME 04090
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      Retail Space in Colonial Square

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      952 Post Rd, Wells, ME 04090
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      Sanford Road Automotive Repair Space

      Automotive repair space with lifts and ample parking available forrent.
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    FAQs

    What type of property is this?
    Strip mall - Prime Retail Space, Route 1 Visibility
    Where is this strip mall located?
    The property is located at 40-75 Wells Plz Wells, ME.
    What are key features of this property?
    This property features: Retail strip center totaling 93,263 square feet.; Two available inline spaces ranging from 1,676 to 3,274 square feet.; Located in Wells/Berwick submarket, York County, with excellent visibility from Route One (Post Road/US Route One).
    Request Owner's contact information
    40-75 Wells Plz Wells, ME 04090
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    Wells, ME 04090
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    40-75 Wells Plz Wells, ME 04090
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