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: 8/6/2020

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.

Additional Details

Nearest MSA: Portland-South Portland
County: York
Submarket/Township: Wells/Ogunquit
Tax ID/APN: Map 117, lot 63
Feet of Frontage: 1
Site Description: 2.15 acre development site located in the heart of Wells’ best retail area
Lot Frontage: *

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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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