Mixed-Use Commercial with
Wells, ME 04090 Wells, ME 04090
New
For Sale
$999,750
COMMERCIAL - Wells, ME
Property Size5,753 SF
Lot Size1.79 Acres
Price / SF$173.78
Days on Market1
Property Features
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- RC
- Rooms
- Basement
- Parking features
- Off Street
- Basement
- Unfinished
- Accessibility
- Accessible Approach with Ramp
- Standard status
- Active
- Size
- 5,753 SF
- Lot size
- 1.79 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 5611
Utilities
- Sewer type
- Private Sewer, Septic Tank
- Heating system
- Oil, Kerosene, Hot Water(Heating), Forced Air
- Water source
- Private, Well
Building Details
- Year built
- 2002
- Flooring type
- Carpet, Tile, Wood
- Building materials
- Wood Frame, Clapboard, Vinyl Siding, Wood Siding
- Roof type
- Shingle, Composition
Listing Agency:
EXIT Oceanside Realty
(207) 646-8333
Listed By:
Sonya Hill
(608) 931-2150
Added: Jul 24
Last Checked: Jul 24 at 3:06PM
MLS# 1670995
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 mixed-use commercial and residential property includes a 1,200+ sq ft residential suite with two bedrooms and two full baths, plus laundry and additional storage in an unfinished attic. The split-bedroom layout provides privacy, and the home features a spacious kitchen with a center island opening to a formal dining area and comfortable living room, along with a bonus room that can support a home office, den, gym, or media use.
The commercial portion consists of two separate ground-floor storefronts or office suites, each with its own private restroom, designed for customer-facing or professional uses. Upstairs, there are seven additional offices or flex spaces, along with a reception or waiting area and another restroom.
With mixed-use zoning (RC) and a total building size of 5,753 sq ft on 1.79 acres, the property is set up to accommodate owner-occupants or multi-tenant use within one building.
The commercial portion consists of two separate ground-floor storefronts or office suites, each with its own private restroom, designed for customer-facing or professional uses. Upstairs, there are seven additional offices or flex spaces, along with a reception or waiting area and another restroom.
With mixed-use zoning (RC) and a total building size of 5,753 sq ft on 1.79 acres, the property is set up to accommodate owner-occupants or multi-tenant use within one building.
Key Highlights
- Mixed‑use commercial/residential property on just under 2 acres, built in 2002
- Residential suite: 1,200+ sqft with 2 bedrooms, 2 full baths, laundry, and additional unfinished attic storage
- Commercial portion includes two separate ground‑floor storefronts/office suites, each with its own private restroom
Financial Insights For Mixed Use
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 | $124.3k | $21.60 |
| − Vacancy | −$9.9k | −$1.73 |
| EGI | $114.3k | $19.87 |
| − OpEx | −$42.9k | −$7.45 |
| NOI | $71.5k | $12.42 |
5,753 SF · lease $21.60/SF/yr · vacancy 8.00% · expense 37.50%
Alternative Uses
Best Use
Office B
$1.35M
$1.18M – $1.57M
NOI $94,234 @ 7.0% cap · market cap 9.43%
Second Best
Mixed Use
$1.02M
$893.2K – $1.19M
NOI $71,452 @ 7.0% cap · market cap 7.15%
Theoretical Best
Office A
$1.82M
$1.60M – $2.13M
NOI $127,657 @ 7.0% cap · market cap 12.77%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Live-work space
FAQs
What type of property is this?
Live-work space - Mixed-use building with two ground-floor storefront or office suites and a 1,200+ sq ft two-bedroom residential unit.
Where is this live-work space located?
The property is located at Wells, ME.
What is the asking price?
The asking price for this property is $999,750.
What are key features of this property?
This property features: Mixed‑use commercial/residential property on just under 2 acres, built in 2002; Residential suite: 1,200+ sqft with 2 bedrooms, 2 full baths, laundry, and additional unfinished attic storage; Commercial portion includes two separate ground‑floor storefronts/office suites, each with its own private restroom
