Approved Site For
910 Post Rd Wells, ME 04090
910 Post Rd, Wells, ME, 04090
Contact for pricing
For Sale
Contact for pricing
Approved site for a restaurant with drive-through.
Property Size2,079 SF
Price / SF$312.65
Days on Market1482
Property Features for 910 Post Rd
General Information
- Standard status
- Active
- Size
- 2,079 SF
- Property subtype
- Retail
Listing Agency
Roxane Cole Commercial Real Estate, LLC
(207) 653-6702
Listed by
Roxane Cole · License #ME DB110981
Source
Crexi
Added: Jun 27, 2022 Checked: Jul 14 at 8:56 pm
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 Roxane Cole Commercial Real Estate, LLC
Investment Insights
Based on property information with market context.
This fully approved site, benefiting from Town of Wells and MDOT traffic approvals, is suitable for a Dairy Queen restaurant with a drive-through. Situated in the central business district, the location offers high visibility across from Hannaford Supermarket, Flagstaff Cinema, and Reny’s, all located in Wells Plaza. The development site is positioned next to CVS and adjacent to the Hampton Inn. The property is zoned for General Business.
Key Highlights
- Fully approved site for a Dairy Queen restaurant with drive‑through.
- Located in the heart of the business district.
- Highly visible location.
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 | $37.4k | $18.00 |
| − Vacancy | −$3.9k | −$1.87 |
| EGI | $33.5k | $16.13 |
| − OpEx | −$8.4k | −$4.03 |
| NOI | $25.1k | $12.09 |
2,079 SF · lease $18.00/SF/yr · vacancy 10.41% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$359.2K
$314.3K – $419.1K
NOI $25,145 @ 7.0% cap · market cap 3.87%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$659.0K
$576.7K – $768.9K
NOI $46,132 @ 7.0% cap · market cap 7.10%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Drive through restaurants
Similar For Sale Nearby
FAQs
What type of property is this?
Drive through restaurant - Approved site for a restaurant with drive-through.
Where is this drive through restaurant located?
The property is located at 910 Post Rd Wells, ME.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Fully approved site for a Dairy Queen restaurant with drive‑through.; Located in the heart of the business district.; Highly visible location.
