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$320,000

  • Sold
  • Closed
  • Commercial
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Former restaurant opportunity in Wells -- back active and priced for a quick sale. Existing 2,438± SF restaurant building with equipment in place on 2.3± acres with approximately 441 feet of road frontage and generous parking. Located in the Rural District, where Town materials identify standard restaurant use under 75 seats as a use requiring site plan approval. Strong fit for a restaurant operator, caterer, commercial kitchen, investor, or adaptive-use buyer. Sold as-is; buyer to verify all uses, permits, septic, code, and equipment condition.

Full Property Details for 557 Coles Hill Rd

General

  • Sold For: $320,000
  • Taxes: $2,959 (2025)
  • Status: Closed
  • Type: Commercial
  • Source: MREIS
  • MLS ID: 1662310
  • Added to Site: 53 day(s) ago

Business

  • Business Type: Bed & Breakfast, Restaurant, Other

Interior

  • Flooring: Bamboo, Concrete, Tile, Wood

Parking

  • Parking Features: 21 or More Spaces

Location

  • County: York

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Propane, Direct Vent Heater, Radiant

Utilities

  • Sewer: Private Sewer, Septic Design Available, Septic Tank
  • Water: Private, Well
  • Well: Yes

Structural Information

  • Construction: Wood Frame, Wood Siding
  • Basement: Yes
  • Basement Desc.: Crawlspace, Partial
  • Roof: Metal, Shingle
  • Stories/Levels: 0
  • Square Feet: 2,438
  • Year Built: 1900

Lot Features

  • Lot Size (Acres): 2.3
  • Lot Size (Sq. Ft.): 100,188
  • Zoning: Rural
  • Lot Description: Near Shopping, Rural

Financial Considerations

  • Tax Amount: $2,959
  • Tax Year: 2025

Disclosures and Reports

  • Lot Number: 4B

Listed by Keller Williams Realty (207) 879-9800
Sold by Moody Maxon Real Estate (207) 251-3585

Listing agent

— 557 Coles Hill Rd —

  • Keller Williams Realty

    207-879-9800

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 557 Coles Hill Rd

School District:Wells-Ogunquit Community School District
NameGradesDistance
Wells Elementary School
276 Sanford Road, Wells, ME 04090
K-42.3 mi
Wells Junior High School
1470 Post Road, Wells, ME 04090
5-82.3 mi
Wells High School
200 Sanford Road, Wells, ME 04090
9-122.3 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 557 Coles Hill Rd

Date
Details
Price
Change
Source
6/18/2026
Sold
$320,000
-15.57%
MLS
6/08/2026
Price Reduced
$379,000
-30.97%
MLS
5/15/2026
Listed
$549,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Keller Williams Realty (207) 879-9800
Sold by Moody Maxon Real Estate (207) 251-3585

Just Listed near 557 Coles Hill Rd

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1 Robinson Way, Kennebunk, ME 04043 - Photo 1 Just Listed
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15 Casey Ln, Kennebunk, ME 04043 - Photo 1 Just Listed
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Price Reduced near 557 Coles Hill Rd

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106 Farragut Wy, Kennebunk, ME 04043 - Photo 1 Price Reduced
-$12,500 (-2.7%)
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106 Farragut Wy  #151  Kennebunk, ME 04043

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274 Beach Ave, Kennebunk, ME 04043 - Photo 1 Price Reduced
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274 Beach Ave  Kennebunk, ME 04043

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    Sq. Ft.
Listed by Pack Maynard and Associates
3 Chestnut Ln, Kennebunk, ME 04043 - Photo 1 Price Reduced
-$5,001 (-0.61%)
$819,999

3 Chestnut Ln  Kennebunk, ME 04043

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16 Larboard Ln, Kennebunk, ME 04043 - Photo 1 Price Reduced
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Recent Sales near 557 Coles Hill Rd

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35 Burnt Mill Rd, Wells, ME 04090 - Photo 1 Sold
$350,000

35 Burnt Mill Rd  #B  Wells, ME 04090

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Lot #11B Sanford Rd, Wells, ME 04090 - Photo 1 Sold
$325,000

Lot #11B Sanford Rd  Wells, ME 04090

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Listed by Fontaine Family-The Real Estate Leader
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64 Anna Robert Cir, Wells, ME 04090 - Photo 1 Sold
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64 Anna Robert Cir  Wells, ME 04090

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22 Laudholm Farm Rd, Wells, ME 04090 - Photo 1 Sold
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22 Laudholm Farm Rd  #Unit 5  Wells, ME 04090

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Listed and Sold by The Maine Real Estate Experience

557 Coles Hill Road, Wells, ME 04090 (MLS# 1662310) is a Commercial property that was sold at $320,000 on June 18, 2026. Want to learn more about 557 Coles Hill Road? Do you have questions about finding other Commercial real estate for sale in Wells? You can browse all Wells real estate or contact a Coldwell Banker agent to request more information.