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    61 Willie Hill Rd Wells, ME 04090

    For Sale
    $1,800,000

    Turnkey Metal Recycling Business, 8.1 Acres

    Property size:
    3,620 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional commercial property, located at 61 Willie Hill Road in Wells, Maine, presents a unique investment opportunity. The 3,620 square foot building sits on a generous 8.1-acre lot and houses a thriving, established metal recycling business. Developed in 2018, this turnkey operation is offered for sale, including all existing equipment and infrastructure, providing immediate revenue generation for the new owner. The business has a proven track record of growth and is poised for further expansion. Importantly, the site plan has already been approved for additional construction, with the current owner actively adding another building and obtaining permits for yet another structure. This demonstrates a clear path for significant future development and increased operational capacity. The property's location in Wells, ME, offers excellent access to transportation networks and a strong local market. This is a rare chance to acquire a profitable, established business with significant upside potential, ready for immediate operation and future growth. The asking price of $1,800,000 includes the real estate and the fully operational metal recycling business. This is a truly turnkey operation, minimizing the time and effort required to begin generating income. The existing infrastructure and approved expansion plans provide a solid foundation for continued success and substantial return on investment.

    Property Features for 61 Willie Hill Rd

    General Information

    Property type
    Other commercial real estate
    Square Feet
    3,620 SF
    Lot Size
    352,836 SF

    Building Details

    Year Built
    2019
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Wells Beach Environmental, ... Scrap Metal Dealer

    Suggested Use

    Building Supply Wholesale Shop Hair Salon Auto Repair Shop Department Store Storage Facility Bar & Pub Electrical Service Furniture Store Garden Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Wells
    County
    York
    State
    Maine
    Longitude
    -70.63716
    Latitude
    43.32182

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    FAQs

    What type of property is this?
    Commercial real estate - Turnkey Metal Recycling Business, 8.1 Acres
    Where is this commercial real estate located?
    The property is located at 61 Willie Hill Rd Wells, ME.
    What is the asking price?
    The asking price for this property is $1,800,000.
    (207) 653-6702
    Request Owner's contact information
    61 Willie Hill Rd Wells, ME 04090
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    Wells, ME 04090
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    61 Willie Hill Rd Wells, ME 04090
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