773 Post Road

Closed 7/7/21
Closed 7/7/21
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Last Sold Price
$1,200,000
1,787 sqft$672/sqft
773 Post Rd, Wells, ME 04090

Description

SUCCESSFUL TURNKEY MOTEL & COTTAGES BUSINESS
OWNER'S RESIDENCE INCLUDED - 1.22 AC ON US ROUTE 1
Business includes 11 motel units and 7 cottages - with room to build more units
Well landscaped 1.22 acres with a swimming pool and picnic area; beaches are nearby
Owner's residence is a 1,787 SF historic home separate from the business property
The house can be rented out during the summer months for $2500 per week
Potential condo conversion and additional lot to add cottages
Sale includes all motel/cottage...SUCCESSFUL TURNKEY MOTEL & COTTAGES BUSINESS
OWNER'S RESIDENCE INCLUDED - 1.22 AC ON US ROUTE 1

Business includes 11 motel units and 7 cottages - with room to build more units

Well landscaped 1.22 acres with a swimming pool and picnic area; beaches are nearby

Owner's residence is a 1,787 SF historic home separate from the business property
The house can be rented out during the summer months for $2500 per week

Potential condo conversion and additional lot to add cottages

Sale includes all motel/cottage FF&E and all future bookings and furnished residential home

SALE PRICE: $ 1,540,000

Financial information available upon request and a signed Confidentiality Agreement.
LISTING CLOSED: 07/07/2021 12:00 AM

  1. Listed by Cheryl Bonawitz • Malone Commercial Brokers, Inc.
  2. Listed by Karen Rich • Malone Commercial Brokers, Inc.

Property Details for 773 Post Road

Status
Closed
MLS #
1462359
Days on Market
300
Taxes
$7,221 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
Mixed Use
MLS Type
Commercial / Mixed Use
Year Built
1980
Lot Size
1.22 AC / 53,143 SF
County
York County
Waterfront
No
Zoning
GB
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Location

Listing Courtesy of Malone Commercial Brokers, Inc.

Sold By Anne Erwin Sotheby's International Realty

Add your commute

Building Information for 773 Post Road

Stories-Residences-Year Built1980Building Size-Lot Size1.22 AC / 53,143 SF

Payment Calculator

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$6,701 per month

30 year fixed, 6.55% Interest

Principal and Interest

$6,099

Property Taxes

$602

HOA Dues

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Property Information for 773 Post Road

Summary
Location and General Information
  • Zip Code: 4112
  • Town: Wells
  • State/Province: ME
  • Zip Code: 04090
  • County: York
  • Geo Latitude: 43.296195
  • Geo Longitude: -70.587218
  • Tax Lot: 053
  • Location:Other Location: Yes
  • Water View2: No
Parking
  • Parking Features: 21+ Spaces, On Site
  • Parking: 21 Spaces, On Site2
Taxes and HOA Information
  • Tax Book Number: 16097
  • Tax Map Number: 0117
  • Tax Year: 2019
  • Parcel Number: WLLS-000117-000000-000053
  • Location Information:Association Y/N: No
  • Tax Annual Amount: $7,221.00
Property
Lot Information
  • Lot Size Acres: 1.22
  • Building Area Total: 1787.0
  • Lot Size Area: 1.22
  • Lot Size Units: Acres
  • Lot Size Square Feet: 53143.2
  • Street Number: 773
  • Property Information:Surveyed: Unknown
Property and Assessments
  • Leased Land: No
  • Property Type: Commercial
  • Property Type Label: Commercial
  • Property Sub-Type: Mixed Use
  • Year Built: 1980
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Bathrooms Total (Integer): 0
  • Bathrooms Total (Decimal): .00
  • Bathrooms Total (Notational): .00

Property History for 773 Post Road

DateEvent & SourcePriceAppreciation
Jul 7, 2021

Sold

Maine Listings #1462359

$1,200,000—
May 24, 2021

Pending

Maine Listings #1462359

—
May 24, 2021

Active Under Contract

Maine Listings #1462359

—
DateEvent & SourcePrice
07/07/2021

Sold

Maine Listings #1462359

$1,200,000
05/24/2021

Pending

Maine Listings #1462359

—
05/24/2021

Active Under Contract

Maine Listings #1462359

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 773 Post Road

Taxable ValueLand$452,780Additions$946,820Total$1,399,600
Tax Record2025$9,041 ($753 / month)
Home Facts
Total Finished SqFt1,787 SqFtAbove Grade Finished SqFt1,787 SqFtStories2Lot Size53,143 SqFtStyleMiscellaneous CommercialYear Built1883Year Renovated1988ZoningGBCountyYORKAPNWLLS M:117 L:53

Schools near 773 Post Road

This home is within Wells-Ogunquit Community School District.
Rating
School
Type
Grades
Distance
Wells Elementary School
Public - K to 4
Wells Junior High School
Public - 5 to 8
Wells High School
Public - 9 to 12
Rating
School
Distance
Wells Elementary School
PublicK to 4

Wells Junior High School
Public5 to 8

Wells High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 773 Post Road, Wells, ME 04090
$1,200,000
–
–
1,787
53,143
2 Coral Ln Wells, Wells, ME 04090
$342,674
1
1,500
72,309
8 Coral Ln Wells, Wells, ME 04090
$348,600
1
1,500
72,309
3 Coral Ln Wells, Wells, ME 04090
$625,000
2
2
1,434
8,276
10 Coral Ln Wells, Wells, ME 04090
–
2
2
1,324
8,276
4 Coral Ln Wells, Wells, ME 04090
$485,000
2
2
1,470
8,276

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Malone Commercial Brokers, Inc.

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2026 Maine Real Estate Information System, Inc. All Rights Reserved.