876 Post Road, Wells, ME 04090 (MLS # 1651499)

PRICE $2,395,000 SIZE 11,022 sqft LOT SIZE 3.40 ac Request More Info Schedule a Showing

Situated on 3.4 acres of beautifully landscaped property on U.S. Route 1 in Wells, the Coast Village Inn has a long established daily rental operation and clientele. Offering 30 keys with bright, stylish accommodations with on-site amenities and a peaceful outdoor pool setting. The main Inn building presents a welcoming beach themed office to incoming guests, and has a flexible layout for two to three long term apartment rentals, that include a convenient spacious manager's apartment, directly off the front office. Additionally, the Inn building has a large staff housing quarters to house up to 8 seasonal employees. Adjacent to the main Inn, is an updated 5-unit motel wing, plus a separate two-story 12-unit motel building directly behind the main Inn. There are 10 private cottages with various capacities and have updated amenities in a tranquil scenic setting Its large, level parcel is suitable for weddings or other special events space, and lends itself to future expansion and revenue generation in the Wells beach market, subject to town guidelines and is an excellent long-term asset. Its central Rt. 1 location offers its guests convenient access to the resort communities of Ogunquit, Kennebunk, and Kennebunkport including numerous beaches, recreational activities, shopping and restaurants. This property offers an exceptional opportunity for both owner-operators and investors seeking a profitable, fully operational lodging establishment with upside potential in a high-barrier-to-entry market. For Broker requests for financials, please complete and sign the Broker NDA found in this MLS listing documents and email to me. For all other public Financial requests, please complete and sign the Standard NDA found in this MLS listing documents and email to me.