52 Post Rd 5,218 SF Retail Building Wells, ME 04090 $1,749,000 ($335.19/SF)



EXECUTIVE SUMMARY
Exceptionally located on Post Road in Wells, this landmark property offers a bustling restaurant and pub. The main building features over 3,580 sq ft of kitchen and dining space. Upon entering, guests are greeted by a charming waiting area and an expansive dining room, complete with a 14-person bar, all anchored by a stunning grand stone fireplace. The warm wood tones of the exposed posts and beams, along with brick and stone accents, create an inviting atmosphere perfect for any type of dining experience.
Upstairs, you’ll find a sizeable 29’ x 33’ space, complete with a second bar and a distant ocean view, perfect for special events, private gatherings or additional dining.
The kitchen is situated with easy access to all the dining locations and further supported by a closed-circuit camera system allowing the kitchen staff a bird’s eye view of the dining room - ideal when prepping for the dinner rush! The kitchen is fully equipped to run a successful restaurant, with all the major equipment included in the sale; char-broiler, flat top grill, gas range, oven, fryers, dishwasher, walk-in and reach-in refrigeration/freezers, sandwich prep counters, prep tables and more!
A new patio area, tucked away creating its own private oasis, offers additional outdoor dining -an ideal space to enjoy Maine's beautiful summers.
In addition to the restaurant, there is also 1,632 sq ft currently being used for office space/storage, inclusive of a 2-bed/1-bath efficiency style apartment-offering added flexibility.
The prominent Route 1 frontage ensures high visibility and offers ample parking. Located less than 0.2 miles from the Ogunquit line and close to the famed beaches of Southern Maine, shopping, and area attractions, this is an outstanding opportunity for entrepreneurs looking to make their mark in a prime location.
Upstairs, you’ll find a sizeable 29’ x 33’ space, complete with a second bar and a distant ocean view, perfect for special events, private gatherings or additional dining.
The kitchen is situated with easy access to all the dining locations and further supported by a closed-circuit camera system allowing the kitchen staff a bird’s eye view of the dining room - ideal when prepping for the dinner rush! The kitchen is fully equipped to run a successful restaurant, with all the major equipment included in the sale; char-broiler, flat top grill, gas range, oven, fryers, dishwasher, walk-in and reach-in refrigeration/freezers, sandwich prep counters, prep tables and more!
A new patio area, tucked away creating its own private oasis, offers additional outdoor dining -an ideal space to enjoy Maine's beautiful summers.
In addition to the restaurant, there is also 1,632 sq ft currently being used for office space/storage, inclusive of a 2-bed/1-bath efficiency style apartment-offering added flexibility.
The prominent Route 1 frontage ensures high visibility and offers ample parking. Located less than 0.2 miles from the Ogunquit line and close to the famed beaches of Southern Maine, shopping, and area attractions, this is an outstanding opportunity for entrepreneurs looking to make their mark in a prime location.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
5,218 SF
Building Class
C
Year Built
1979
Price
$1,749,000
Price Per SF
$335.19
Tenancy
Single
Building Height
2 Stories
Building FAR
0.25
Lot Size
0.47 AC
Zoning
GB - General Business
Parking
15 Spaces (2.87 Spaces per 1,000 SF Leased)
Frontage
157’ on Post Rd
PROPERTY TAXES
Parcel Number | WLLS-000105-000000-000003 | Improvements Assessment | $660,520 |
Land Assessment | $416,010 | Total Assessment | $1,076,530 |