52 Sanford Road, Wells

Retail-Commercial for Sale
Catylist Listing ID: 30454330
Property Subtypes: Free-Standing Building, Mixed Use, Restaurant, Street Retail, Tavern/Bar/Nightclub
Building Size (RSF): 6,045 SF
Gross Land Area: 1.51 Acres
Sale Price: $879,000
Unit Price: $145.41 PSF
Property Use Type: Net Leased Investment (NNN), Investment, Vacant/Owner-User, Business
Building Name: Home Sweet Home at Smith Farm
Usable Size (USF): 6,045 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 12/3/2019

Overview / Comments

Very visible commercial and residential property with street-side dwelling, business retail building and garage. Additional land allows space for building expansion or additional parking. Flexible zoning for numerous uses to maximize the use of this high-visibility offering with outstanding buildings. Buildings are in excellent condition.

Attachments & Media

Additional Details

Nearest MSA: Portland-South Portland
County: York
Taxing Authority: Town of Wells
Tax ID/APN: 134 Lot 11
Zoning: GB
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation, Other
Property Located Between: Wells Corner and Avita Memory Care Center
Property Visibility: Excellent
Largest Nearby Street: Route 109, Sanford Road
Highway Access: Route 109 to Maine Turnpike Exit 19, or to US Route 1 at Wells Corner
Site Description: Level near buildings with slight elevation in the building lot at the rear.
Area Description: Wells is a thriving seaside town with ongoing construction of commercial buildings and residences. A mile from the waterfront recreation at Wells Harbor, sandy beaches and the Rachel Carson Preserve, and a mile and a quarter to Maine Turnpike Exit 19.
Total Number of Buildings: 3
Number of Stories: 15
Typical SF / Floor: 3,500 SF
Property Condition: Excellent
Year Built: 2008
Year Renovated: 2008
Roof Type: Arched
Construction/Siding: Wood Frame
Exterior Description: Wood frame
Parking Type: Surface
Parking Description: Parking on site with expansion capability.
Sprinklers: None
Heat Type: Propane
Heat Source: Central
Air Conditioning: Engineered System
Internet Access: Cable
Interior Description: Well maintained one and one half storey dwelling, one story Business Retail building and one and one half storey garage.
Zoning Description: GB Zoning allows for many business and residential opportunities.
Lot Frontage: 130+/- feet

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 5,121 14,397
Median Age: 53.03 51.05
Households: 2,342 6,527

Contact

Photograph of Listing Agent

Roxane A. Cole

Roxane Cole Commercial Real Estate, LLC
NECPE Member
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