Historic Working Barn

Special Purpose for Sale
Catylist Listing ID: 30819298
Building Size (RSF): 3,311 SF
Gross Building Area: See Agent
Sale Price: $249,000
Property Use Type: Vacant/Owner-User, Business
Usable Size (USF): 3,311 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/14/2022

Overview / Comments

This handsome, functional barn located in Seagull Resort and Condominiums, US Route 1, Wells, is a magnificent historic structure that spans three levels. The sturdy construction features rugged wood beams, beautiful structure and enjoys a view of the water from windows at the rear of the first floor. Add windows on the upper floor to take full advantage of an extremely rare opportunity to capture expanded coastline views. General Business zoning allows a variety of commercial uses - contact Roxane to discuss possibilities to put this property to work for your business or hobby.

Financials

Finance Data Year 2022
Real Estate Taxes - Annual($) $870.70 (Annual)

Additional Details

Nearest MSA: Portland-South Portland
County: York
Taxing Authority: Town of Wells
Tax ID/APN: 0129/031 Barn
Zoning: GENERAL BUSINESS
Property Located Between: Wells Corner and Dunkin Donuts on US Route 1, Wells
Property Visibility: Good
Largest Nearby Street: US Route 1, Wells
Traffic/Vehicle Count: 12,000
Highway Access: The barn is located in Seagull Resort and Condominiums which has a curb cut on US Route 1, Wells
Site Description: Condominium unit without separate land ownership.
Area Description: Not far from where Route 109 intersects with US Route 1 at Wells Corner after travelling east from the Maine Turnpike exit. Seagull Resort and Condominiums overlooks the splendor of the Wells National Estuarine Research Reserve, the Rachel Carson National Wildlife Refuge, the cottages along Atlantic Avenue, and the famed sandy beaches of Wells.
Total Number of Buildings: 1
Number of Stories: 3
Typical SF / Floor: 2,508 SF
Property Condition: Fair
Year Built: 1900
Construction/Siding: Wood Frame
Exterior Description: Wood clapboard and wood shingles. Roof replaced July 2022.
Parking Type: Surface
Parking Description: Two parking spaces are included with the barn.
Sprinklers: None
Interior Description: The main floor is comprised of a central open area revealing the building structure upon entering the barn, in addition to enclosed sections along the sides. Two bathrooms on the first floor have been utilized in the past. The partial upper floor at the rear offers an ideal opportunity for creating office or work area with stunning views awaiting the addition of windows. The lower level has loading doors with some daylight and storage areas.
Zoning Description: General Business zoning offers a variety of commercial uses that comply with the use of two parking spaces (located at the front of the barn). Contact Roxane for additional information. Though the use is listed in the General Business Zone, residential use is not allowed in the barn because Seagull Resort and Condominiums is fully built with the maximum number of allowed residential units.
Lot Frontage: N/A
Lot Depth: N/A
Water Service: Municipal, None
Sewer Type: Municipal, None
Land Ownership: Condominium

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 608 5,121 14,397
Median Age: 58.09 53.03 51.05
Households: 304 2,342 6,527

Contact

Photograph of Listing Agent

Roxane A. Cole

Roxane Cole Commercial Real Estate, LLC
NECPE Member
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