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Property profile & analytics
FOR SALE
Commercial real estate

743 N Berwick Rd Wells, ME 04090

2,200 SF 2.57 ac lot Built 1986
Individually Owned 5-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US42-0459100
Property summary
AI-generated overview

This exceptional commercial property, located at 743 N North Berwick Road in Wells, Maine, presents a unique investment opportunity. The 2,200 square foot building sits on a generous 2.57-acre lot and is ideally situated in a high-traffic area, ensuring excellent visibility and accessibility for customers. Currently configured as a pizza restaurant, the property is equipped with a fully functional kitchen and a spacious dining area, ready for immediate use or adaptation to suit a variety of businesses. The ample parking, providing 28 spaces, caters to the needs of both staff and patrons. The building itself boasts modern amenities, making it a turn-key operation for a savvy entrepreneur. This property offers significant potential for growth and profitability within the vibrant Wells, Maine market. Its prime location and versatile layout make it an attractive option for a wide range of commercial ventures. The substantial lot size also allows for future expansion or development, adding further value to this already compelling investment. Don't miss this chance to own a thriving commercial space in one of Maine's most desirable towns.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1986
Construction FRAME
Total area 2,200 SF
Lot 2.57 ac (111,949 SF)
Zoning code R
APN WLLS M:040 L:5-B
UPID US42-0459100
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Foto D Gatzogiannis · 5 yrs held
Foto D Gatzogiannis
since 2021
3 recorded transactions
2021
Price N/A
2007
Price N/A
2005
Price N/A
Zoning & alternative use
R · Wells, ME
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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