124 Post Road, Wells, ME 04090 - Photo 1

1/1

$2,700,000

Sold
Closed
Commercial

1/1

Property Description

The very successful ''NEW ENGLAND HOUSE'' Restaurant is now available! Located on busy route 1 in wells close to the Ogunquit town line is where you'll find this 125 seat establishment. A large bar which is open to both the inside and outdoor dining areas is the center piece of this recently renovated building. A large outdoor patio is a very popular spot to enjoy outdoor dining or the large modern dining room with a large fireplace hearth might suit your clients better. The newest addition is the fully permitted take out window which has been a terrific source of revenue. A fully equipped commercial kitchen allows for large numbers of meals to go out quickly and a very large on site parking lot will accommodate all of your guests. Don't wait for your chance to succeed in the busy tourist town of Wells, act today!

Full Property Details

Full Property Details for 124 Post Rd

General

Sold For: $2,700,000
Taxes: $7,498 (2022)
Status: Closed
Type: Commercial
Source: MREIS
MLS ID: 1571196
Added to Site: 489 day(s) ago

Business

Business Type: Bar/Tavern/Lounge, Freestanding Building, Restaurant

Interior

Interior Features: Storage
Flooring: Tile, Carpet

Additional Information

Equipment: Other Equipment, Internet Access Available, Cable

Parking

Parking Features: 21 or More Spaces, On-Site Parking, Paved

Location

County: York

Heating & Cooling

Central air: Yes
Air Conditioning: Yes
Cooling Type: Central Air Conditioning
Heating Type: Forced Air

Utilities

Sewer: Public Sewer
Water: Public

Structural Information

Construction: Vinyl Siding, Shingle Siding, Wood Frame
Roof: Composition, Pitched, Shingle
Stories/Levels: 2
Building Size: 4808
Square Feet: 4,808
Living Area: 4,808 Sq. Ft.
Year Built: 1981
Other Struct. Feat.: Fire System, Loading Docks 1 - 4

Lot Features

Lot Size (Acres): 0.54
Lot Size (Sq. Ft.): 23,522.4
Zoning: GB
Lot Description: Public Transport Access, Near Turnpike/Interstate, Business District, Near Shopping

Financial Considerations

Tax Amount: $7,498
Tax Year: 2022

Disclosures and Reports

Documents Avail.: Property Disclosure Public Access
Lot Number: 7

Listed by RE/MAX Realty One (207) 646-4546
Sold by Keller Williams Coastal and Lakes & Mountains Realty (207) 475-0999

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Listing agent

— 124 Post Rd —

RE/MAX Realty One

207-646-4546

(207)252-1775

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Schools

Schools serving 124 Post Rd

School District:Wells-Ogunquit Community School District

Name	Grades	Distance
Wells Elementary School 276 Sanford Rd, Wells, ME 04090	PK-4	3.2 mi
Wells Junior High School 1470 Post Rd, Wells, ME 04090	5-8	3.2 mi
Wells High School 200 Sanford Rd, Wells, ME 04090	9-12	3.2 mi

Disclaimer: School ratings provided by GreatSchools. Ratings are on a scale of 1-10. Learn more about GreatSchools ratings. School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 124 Post Rd

Date

Details

Price

Change

Source

1/26/2024

Sold

$2,700,000

-28.95%

MLS

9/06/2023

Listed

$3,800,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Single Family
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Updated 2 days ago

6
Beds
4
Total Baths
2,642
Sq. Ft.

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Just Listed

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Open House

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Active
Updated 4 hours ago

3
Beds
3
Total Baths
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Just Listed

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Single Family
Active
Updated 5 days ago

2
Beds
2
Total Baths
2,361
Sq. Ft.

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Just Listed

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Commercial
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Price Reduced

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$389,000

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Single Family
Active
Updated 4 hours ago

2
Beds
1
Total Bath
770
Sq. Ft.

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Price Reduced

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$186,000

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Lots/Land
Active
Updated 5 days ago

3.02
Acres

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$599,900

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Price Reduced

-$45,000 (-2.26%)

$1,950,000

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Single Family
Active
Updated 1 day ago

3
Beds
3
Total Baths
3,087
Sq. Ft.

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Sold

$3,100,000

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Single Family
Closed

4
Beds
3
Total Baths
2,274
Sq. Ft.

Listed by Coldwell Banker Y-Gull & Associates
Sold by Better Homes & Gardens Real Estate/The Masiello Group

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Sold

$3,045,000

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Condo
Closed

3
Beds
3
Total Baths
1,827
Sq. Ft.

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Sold by RE/MAX Realty One

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Sold

$2,315,000

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Single Family
Closed

4
Beds
4
Total Baths
3,706
Sq. Ft.

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Sold

$2,935,000

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Single Family
Closed

10
Beds
9
Total Baths
7,741
Sq. Ft.

Listed by The Aland Realty Group, LLC
Sold by Anne Erwin Sotheby's International Realty

124 Post Road, Wells, ME 04090 (MLS# 1571196) is a Commercial property that was sold at $2,700,000 on January 26, 2024. Want to learn more about 124 Post Road? Do you have questions about finding other Commercial real estate for sale in Wells? You can browse all Wells real estate or contact a Coldwell Banker agent to request more information.

124 Post Rd Wells, ME 04090