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502 Post Rd 4,010 SF Specialty Building Offered at $2,900,000 in Wells, ME 04090
Investment Highlights
- Extensive frontage along U.S. Route 1 with visibility to steady coastal traffic.
- Proximity to local beaches, lodging, dining, and recreational destinations.
- Strong regional tourism market combined with steady year-round residential demand.
- Located in Wells with convenient access to Portland, Portsmouth, and Boston via I-95.
- Zoning accommodates a range of commercial and potential mixed-use possibilities.
Executive Summary
This offering includes a unique historical property in the heart of Wells, featuring approximately 5 acres of land and the renowned Old Mill House. This rare piece of New England history sits along U.S. Route 1 and includes a large barn, all set within a semi-rural yet highly accessible area near southern Maine’s coastal attractions.
The location provides strong appeal for those seeking charm and convenience, with immediate access to Route 1, proximity to Interstate 95, and only minutes to Wells’ sandy beaches. The area is connected by Amtrak Downeaster passenger rail, placing Portland just 30 minutes north, Portsmouth within 25 minutes south, and Boston approximately 90 minutes away. Visitors and residents in the surrounding region benefit from a strong tourism economy, a well-regarded local school system, and an enduring demand for historic properties.
The location provides strong appeal for those seeking charm and convenience, with immediate access to Route 1, proximity to Interstate 95, and only minutes to Wells’ sandy beaches. The area is connected by Amtrak Downeaster passenger rail, placing Portland just 30 minutes north, Portsmouth within 25 minutes south, and Boston approximately 90 minutes away. Visitors and residents in the surrounding region benefit from a strong tourism economy, a well-regarded local school system, and an enduring demand for historic properties.
Property Facts
| Price | $2,900,000 | Lot Size | 5.00 AC |
| Price Per SF | $723.19 | Building Size | 4,010 SF |
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Property Type | Specialty | Year Built | 1988 |
| Building Class | C | ||
| Zoning | GB - GB | ||
| Price | $2,900,000 |
| Price Per SF | $723.19 |
| Sale Type | Investment or Owner User |
| Property Type | Specialty |
| Building Class | C |
| Lot Size | 5.00 AC |
| Building Size | 4,010 SF |
| No. Stories | 1 |
| Year Built | 1988 |
| Zoning | GB - GB |
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | WLLS-000027-000000-000008 | Improvements Assessment | $466,440 |
| Land Assessment | $791,760 | Total Assessment | $1,258,200 |
Property Taxes
Parcel Number
WLLS-000027-000000-000008
Land Assessment
$791,760
Improvements Assessment
$466,440
Total Assessment
$1,258,200
1 of 4
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Richard Jorgensen
502 Post Rd
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