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38 Hubbard Ln 3,820 SF Flex Building Wells, ME 04090 $850,000 ($222.51/SF)

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INVESTMENT HIGHLIGHTS

  • Great contractor or office space with 3 bedroom apartment
  • Move in ready. Great condition
  • Near Maine Turnpike/ Interstate 95

EXECUTIVE SUMMARY

Large building (3800 square feet) has been used for a mixed use property in the past. It has a very nice 3 bedroom 1 bath apartment on the second floor. The apartment has a lovely eat in kitchen area and multiple access points. A large office space on the first floor with multiple rooms and a small kitchen. This office area has a half bath. It also has multiple access points. The high bay area has high ceilings with 14 foot
garage doors for large trucks. Radiant heat for the garage bay area and a central forced hot water system for the residential area is in great condition. Added was a central AC unit for comfort in all areas during summer months. Excellent opportunity for an owner user for an investment property. Only 1/4 mile from the Wells turnpike exit makes it very easy and quick access to I95.

TAXES & OPERATING EXPENSES (ACTUAL - 2025)

ANNUAL ANNUAL PER SF
Taxes $2,930 $0.77
Operating Expenses - -

TAXES & OPERATING EXPENSES (ACTUAL - 2025)

Taxes
Annual $2,930
Annual Per SF $0.77
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $2,930
Annual Per SF $0.77

PROPERTY FACTS

Price $850,000
Price Per SF $222.51
Sale Type Owner User
Property Type Flex
Property Subtype Light Manufacturing
Building Class C
Lot Size 1.10 AC
Rentable Building Area 3,820 SF
No. Stories 2
Year Built 2003
Parking Ratio 3.93/1,000 SF
Clear Ceiling Height 20’
No. Drive In / Grade-Level Doors 2
Zoning RC - Residential/Commercial

AMENITIES

  • Security System
  • Air Conditioning

UTILITIES

  • Heating - Gas

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
WLLS-000049-000034-000000-A000000
Land Assessment
$155,300 (2024)
Improvements Assessment
$326,690 (2024)
Total Assessment
$481,990 (2024)
Annual Taxes
$2,930 ($0.77/SF)
Tax Year
2025
  • Listing ID: 38393294

  • Date on Market: 11/10/2025

  • Last Updated:

  • Address: 38 Hubbard Ln, Wells, ME 04090

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