216 Mile Rd | Wells, ME 04090
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216 Mile Rd
Wells, ME 04090
Billy's Chowder House · Retail Property For Sale
Investment Highlights
- Billy’s Chowder House is a Wells institution
Executive Summary
The Boulos Company is pleased to present the rare opportunity to acquire one of the
most successful waterfront restaurants in York County. Billy’s Chowder House is a Wells
institution with a spectacular, one-of-a-kind location, and sweeping views of the tidal
estuary just steps from Wells Beach. The restaurant boasts a strong, loyal customer base
and as a local favorite, serves large crowds year-round.
216 Mile Road consists of a meticulously maintained 4,714± SF restaurant building,
along with a 700± SF outbuilding, providing additional storage and coolers, situated on
a 1± parcel with 62± parking spaces. There is a full commercial kitchen, large bar/seating
area, and two additional dining rooms permitted to seat 200± patrons. The second floor
consists of a small office.
Situated by itself at the midpoint of Mile Road in Wells, this is a high traffic location with
incredible visibility and 360-degree water views. All FF&E and goodwill, including most
of the extensive memorabilia collection, as well as a loyalty program boasting 51,000
members, a Facebook page with 21,000 followers, and a website that receives up to
1,200 hits a day, are included in the sale.
Offered for the first time in 35 years, this property is ideal for an owner/user interested
in taking the reins at one of the most iconic restaurants on the coast or following their
own vision for a quintessential Maine location.
most successful waterfront restaurants in York County. Billy’s Chowder House is a Wells
institution with a spectacular, one-of-a-kind location, and sweeping views of the tidal
estuary just steps from Wells Beach. The restaurant boasts a strong, loyal customer base
and as a local favorite, serves large crowds year-round.
216 Mile Road consists of a meticulously maintained 4,714± SF restaurant building,
along with a 700± SF outbuilding, providing additional storage and coolers, situated on
a 1± parcel with 62± parking spaces. There is a full commercial kitchen, large bar/seating
area, and two additional dining rooms permitted to seat 200± patrons. The second floor
consists of a small office.
Situated by itself at the midpoint of Mile Road in Wells, this is a high traffic location with
incredible visibility and 360-degree water views. All FF&E and goodwill, including most
of the extensive memorabilia collection, as well as a loyalty program boasting 51,000
members, a Facebook page with 21,000 followers, and a website that receives up to
1,200 hits a day, are included in the sale.
Offered for the first time in 35 years, this property is ideal for an owner/user interested
in taking the reins at one of the most iconic restaurants on the coast or following their
own vision for a quintessential Maine location.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
12,933 SF
Building Class
C
Year Built
1950
Tenancy
Single
Building Height
2 Stories
Building FAR
0.30
Lot Size
1.00 AC
Zoning
RP - Resource Protection District
Parking
62 Spaces (13.15 Spaces per 1,000 SF Leased)
Frontage
400 FT on Mile Rd
Amenities
- Air Conditioning
PROPERTY TAXES
| Parcel Number | WLLS-000122-000000-000041 | Improvements Assessment | $355,560 |
| Land Assessment | $1,209,180 | Total Assessment | $1,564,740 |
PROPERTY TAXES
Parcel Number
WLLS-000122-000000-000041
Land Assessment
$1,209,180
Improvements Assessment
$355,560
Total Assessment
$1,564,740
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