RETAIL LOCATION
Retail-Commercial
for Sale
| Catylist Listing ID: |
30877072 |
| Property Subtypes: |
Car Wash, Convenience Store, Free-Standing Building, Mixed Use, Restaurant, Service Station/Gas Station, Street Retail, Tavern/Bar/Nightclub
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| Building Size (RSF): |
5,458 SF
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| Gross Building Area: |
See Agent |
| Sale Price: |
$1,050,000 |
| Unit Price: |
$192.38 PSF |
| Property Use Type: |
Investment, Business |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
8/30/2024 |
Overview / Comments
Yes, the building is a giant wheel of cheese and Yes, there is a life size mouse on the roof, greeting all locals and visitors alike.
We are proud and excited to present this amazing opportunity to own one of Maines most recognizable and long standing retail buildings. For over 50 years, the Wine and Cheese shop has served Wells residents and the seacoast’s travelers with the finest wines, imported cheeses from far away lands and assorted, fresh deli items.
This property sits on approximately .92 acre +/- and features endless expansion and development opportunities. The retail shop opens up to an expansive barn with over 5,000 square feet of space to accommodate any business one could dream of creating.
The barns second level surrounds the center in a 360° Fashion and looks over a railing to below. Ever dream of opening a brewery? A bar? A steakhouse? This is THE property for it. This property would be quite suitable for light manufacturing with distribution and retail as well. The rear of the property features a refrigerated room that is approximately 35’x50’, multiple storage rooms, small retail or office in the front of the property and a large, two story apartment with separate access. This property could also be leased to multiple tenants, running different business to generate cash flow. With route one’s astronomic traffic count, unmatched high-visibility, expansive route 1 frontage and ample parking, this property gives a new owner every possible ingredient needed for ultimate success.
Property can be easily shown with 24 hour minimum notice. Accompanied showings by appointment only. The sale is for the property and all equipment and business assets except for the sofyt serve machines. to be sold as is as shown. Buyers will have the right to use the name The Cheese House .
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Financials
| Finance Data Year |
2024 |
| Real Estate Taxes - Annual($) |
$4,744 (Annual) |
Additional Details
| Nearest MSA: |
Portland-South Portland |
| County: |
York |
| Taxing Authority: |
WELLS MAINE |
| Tax ID/APN: |
0108/034 |
| Zoning: |
GB |
| Retail Clientele: |
General, Business, Traveler, Tourist |
| Property Located Between: |
OGUNQUIT AND KENNEBUNK MAINE |
| Property Visibility: |
Excellent |
| Largest Nearby Street: |
MARINER LN |
| Feet of Frontage: |
220 |
| Traffic/Vehicle Count: |
22,000 |
| Airports: |
PWM |
| Site Description: |
LEVEL WITH TWO ACCESS POINTS . PLENTY OF FRONTAGE FOR ANY CONCEPT . DUAL ZONED FOR RESIDENTIAL AND COMMERCIAL OR A MIX USE AS IT STANDS NOW.
CURRENTLY THERE IS THE CHEESE HOUSE OPERATION WITH BEER, WINE AND GROCERIES AND SUBS . IT ALSO HAVE AN ICE CREAM OPERATION THAT DOES A VERY GOOD BUSINESS .
THERE IS AN OWNERS APARTMENT OR PLACE FOR RENT OR AIR BNB FOR CASH FLOW, |
| Area Description: |
THE AREA IS ONE OF THE FASTEST GROWING IN THE STATE . ITB IS BECOMING A YEAR ROUND PLACE WITH GREAT QUALITY OF LIFE , SAFETY , ;LOW CRIME AND A FRIENDLY ENVIRONMENT. THIS ALLOWS PLACES TO BE OPEN ALL YEAR AND EXPLODE IN THE SUMMER WITH THE BEST BEACHES AROUND.
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| Property Condition: |
Fair |
| Year Built: |
1976 |
| Roof Type: |
Gable |
| Construction/Siding: |
Wood Siding |
| Exterior Description: |
MOSTLY BOARD AND BATEN WITH THREE DIFFERENT ELEMENTS OF A BARN, ROUND CHEESE WHEEEL AND RETAIL SHOPS |
| Parking Type: |
Surface |
| Sprinklers: |
None |
| Heat Type: |
Propane, Hot Water |
| Heat Source: |
Other |
| Air Conditioning: |
Other |
| Internet Access: |
Cable |
| Zoning Description: |
GENERAL BUSINESS THAT ALLOWS MIX USE AND OR RESIDENTIAL |
| Lot Frontage: |
220 |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
554 |
5,628 |
10,519 |
| Median Age: |
60.19 |
52.18 |
50.91 |
| Households: |
282 |
2,623 |
4,725 |
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© Copyright 2024 Moody's. All Rights Reserved.
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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