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773 Post Rd Wells, ME 04090

17-Key Hotel, Prime Location

Overview

Added:
Dec 11, 2024
Days on market:
137
This 12,482 sq ft Southern Maine Inn, located at 773 Post Rd, Wells, ME 04090, presents a unique investment opportunity. Situated on 1.22 acres of beautifully landscaped grounds along the heavily traveled US Route 1 corridor, this established lodging facility boasts 17 keys, including a mix of traditional guest rooms and private cottages catering to diverse guest needs. The property includes four single-room cottages, two one-bedroom cottages, and one two-bedroom cottage. Motel rooms consist of four efficiency rooms (recently renovated), five standard rooms, and one room with a kitchenette. Additional features include a heated pool, guest grills, and common areas. Onsite accommodations include a one-bedroom employee apartment and a spacious two-bedroom, two-bath manager's apartment complete with a full kitchen and living room. Recent capital improvements encompass renovated efficiency rooms, new keypad locks for remote check-in, new beds and mattresses in most rooms, enhanced landscaping including newly planted trees, a new website, and the initiated winterization of cottages via underground waterlines, presenting significant upside potential. This well-established hotel is ideally positioned to capitalize on the thriving Southern Maine tourism market, offering a compelling return on investment in a highly desirable vacation area. The property's convenient location, diverse room offerings, and recent upgrades make it an attractive prospect for both seasoned investors and newcomers to the hospitality sector.

Highlights

  • 17-key coastal inn on US Route 1, a short drive from the beach.
  • Mix of guest rooms and private cottages catering to diverse guest needs.
  • Includes a one-bedroom employee apartment and a two-bedroom, two-bath manager's apartment with full kitchen and living room.
  • Features a heated pool and landscaped grounds with guest grills and common areas.
  • Recent capital improvements include renovated rooms, keypad locks, new bedding, landscaping, a new website, and initiated cottage winterization.

Property Details for 773 Post Rd

Property type
Hospitality properties, Hotels
Square Feet
12,482 SF
Lot Size (sq. ft)
53,143 SF

Location Insight

City
Wells
County
York
State
Maine
Latitude
43.29598013
Longitude
-70.58815647

FAQs

What type of property is this?
Hospitality property - 17-Key Hotel, Prime Location
Where is the hospitality property located?
The property is located at 773 Post Rd Wells, ME.
What are key features of this property?
This property features: 17-key coastal inn on US Route 1, a short drive from the beach.; Mix of guest rooms and private cottages catering to diverse guest needs.; Includes a one-bedroom employee apartment and a two-bedroom, two-bath manager's apartment with full kitchen and living room.
How can I contact the broker?
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773 Post Rd
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