Property profile

2049 Post Rd Wells, ME 04090

FOR LEASE
Other retail properties
Property ID
US42-0500078
4,310 SF 0.21 ac lot Built 1978
Entity Owned 17-yr Hold Free & Clear
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Property summary

AI-generated overview

Suite 1A is a front retail/showroom space located within a distinctive post-and-beam building, featuring large display windows, abundant natural light, and direct access from the main entrance. The interior is configured with a flexible, customer-facing layout suitable for uses such as retail, boutique services, professional office, wellness, or showroom applications, and the suite may be combined with Suite 1B to accommodate larger tenant requirements. The property is situated on a corner lot with approximately 148 feet of frontage on Post Road along the Route 1 corridor in Wells and includes on-site parking for customers and employees.

Property profile

Verified
Property type Other retail properties
Use group DEPARTMENT STORE
Year built 1978
Construction FRAME
Total area 4,310 SF
Lot 0.21 ac (9,100 SF)
Zoning code GB
APN WLLS M:144 L:6-B
UPID US42-0500078

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
  • Home Decor Store Department Store

Location

2049 Post Rd Wells, ME 04090
Wells metro Census 34003 PORTLAND-SOUTH PORTLAND-BIDDEFORD, ME METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$704k
Blend (final) Blend
$265k

Owner & transaction history

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

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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More about this property
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