209 Sanford Road, Wells
Retail-Commercial
for Sale
| Catylist Listing ID: |
30659198 |
| Property Subtypes: |
Vehicle Related
|
| Building Size (RSF): |
7,126 SF
|
| Gross Land Area: |
0.98 Acres
|
| Sale Price: |
$1,649,000 |
| Unit Price: |
$231.41 PSF |
| Property Use Type: |
Business |
| Building Name: |
Archie's Off-Road & Performance Center |
| Usable Size (USF): |
7,126 SF |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
6/28/2022 |
Overview / Comments
Real Estate is priced at $1,290,000 and the business is priced at $359,000; the total offering is priced at $1,649,000. In addition to the commercial space the business operates from , this excellent property has two outstanding living spaces above that are best described as homes, not apartments.
Purchase to operate the business and live on site, or operate the business and turn the property into lucrative rental property. High visibility business and commercial/residential property located in the center of Wells, Maine; across from the Wells Town office, the entrance to Wells High School, less than one mile from Maine Turnpike Exit 19 and half a mile from Wells Corner. Very attractive real estate in excellent condition consisting of retail, office, storage and service areas on the first floor, and two apartments above. The front apartment is approximately 1,953+/- square feet that is occupied by the business owners. It is a pleasant dwelling with three bedrooms and one bath. The nice apartment in the rear building is used by family and is approximately 1,536+/- square feet with 3 bedrooms and one bath. The original building was built in 1988 and an addition was added in 2006. Wells is a growing seacoast town with an increasing population, award-winning schools, Southern Maine Community College, the popular Rachel Carson Wildlife Preserve, Old Marsh Country Club and sparkling beaches. Not only is this a very established and successful business location in the center of the community, it is a convenient location to live and is only a 1.4 mile walk or ride to the Wells Harbor recreation area for beaching, kayaking, dining, boating and birding
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Additional Details
| Nearest MSA: |
Portland-South Portland |
| County: |
York |
| Taxing Authority: |
Town of Wells |
| Tax ID/APN: |
0134/026 |
| Zoning: |
RCD |
| Retail Clientele: |
General, Family, Business, Traveler, Tourist, Recreation |
| Property Located Between: |
Half a mile from Wells Corner and less than a mile from Maine Turnpike Exit 19 |
| Property Visibility: |
Excellent |
| Largest Nearby Street: |
Sanford, Route 109 |
| Feet of Frontage: |
170 |
| Highway Access: |
Half a mile from Route 1 and less than a mile from Maine Turnpike Exit 19 |
| Site Description: |
Building and parking lot front on Sanford Road (Route 109). The retail store is accessible from the front of the building with the service section at the rear of the building in the 2006 addition to the original building that was constructed in 1988 |
| Area Description: |
Located in the center of Wells across from the Town Office and Wells High School. Less than half a mile from Wells Corner, a thriving business area, and nearby the Rachel Carson Preserve and Wells Harbor recreation area for boating, birding, swimming and kayaking |
| Tenancy: |
Multiple Tenants |
| Number of Stories: |
2 |
| Year Built: |
1988 |
| Year Renovated: |
2006 |
| Roof Type: |
Gable |
| Construction/Siding: |
Wood Frame |
| Exterior Description: |
Vinyl siding |
| Parking Type: |
Surface |
| Sprinklers: |
None |
| Heat Type: |
Oil |
| Heat Source: |
Radiant |
| Interior Description: |
Very professional retail area, office area, receiving/storage area and service shop. On the second floor are two pleasant apartments - one occupied by the owner and the other by family |
| Zoning Description: |
Residential-Commercial District that allows a wide variety of business uses and residential use |
| Lot Frontage: |
170 feet |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
3 miles |
5 miles |
| Total Population: |
5,121 |
13,572 |
| Median Age: |
53.03 |
50.52 |
| Households: |
2,342 |
6,135 |
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