Property profile

1619 Post Rd Wells, ME 04090

OFF-MARKET
Turn key restaurants
Property ID
US42-0426356
7,718 SF 0.73 ac lot Built 1988
Entity Owned 1-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1988
Construction FRAME
Total area 7,718 SF
Lot 0.73 ac (31,799 SF)
Zoning code GB
APN WLLS M:135 L:16
UPID US42-0426356

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Bar & Pub Nightclub

Location

1619 Post Rd Wells, ME 04090-4608
Wells metro Census 34003 PORTLAND-SOUTH PORTLAND-BIDDEFORD, ME METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.29M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.16M
Blend (final) Blend
$1.36M

Owner & transaction history

since 2025
Last sale
$1.5M
5 recorded transactions
2025
$1.5M
2015
Price N/A
2008
Price N/A
2006
Price N/A
2005
Price N/A

Zoning & alternative use

GB · Wells, ME
Zoning description

ance shall take effect upon enactment by the Town Meeting. (6) 6-11-2024: to change portions of Tax Map 133, Lot 25 and Tax Map 134, Lot 24 from the Residential Commercial District (RC) to the General Business District (…

General category COMMERCIAL
Top alternative use upside
Retail stores $2.1M +33.3%
Commercial (general) $2.1M +33.0%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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