703 Post Road/ US Route 1, Wells
Vacant Land
for Sale
| Catylist Listing ID: |
29928481 |
| Property Subtypes: |
Hospitality, Retail, Other
|
| Gross Land Area: |
2.15 Acres
|
| Sale Price: |
$640,000 |
| Unit Price: |
$297,674 Per Acre |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
4/30/2024 |
Overview / Comments
We are pleased to offer 703 Post Road, a 2.15 acre development site located in the heart of Wells’ best retail area. The property is located just south of Wells Plaza, a Hannaford anchored shopping center. Tenants include Reny’s, Flagship Cinemas and Dollar Tree. Additional retailers in the immediate area include Hampton Inn, CVS, McDonald’s, Rite Aid and Irving.
The parcel is substantially level and has a curb cut. Potential users include retail, restaurants, hotels and general business. Excellent exposure on Post Road. Available abutting parcels can provide assemblage opportunities as well.
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Additional Details
| Nearest MSA: |
Portland-South Portland |
| County: |
York |
| Submarket/Township: |
Wells/Ogunquit |
| Tax ID/APN: |
Map 117, lot 63 |
| Zoning: |
GENERAL BUSINESS |
| Feet of Frontage: |
1 |
| Site Description: |
2.15 acre development site located in the heart of Wells’ best retail area |
| Lot Frontage: |
* |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
2,833 |
4,182 |
12,217 |
| Median Age: |
54.86 |
56.71 |
51.79 |
| Households: |
1,360 |
2,032 |
5,488 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither New England Commercial Property Exchange nor
Moody's assume any liability for errors or omissions.
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