61 Willie Hl Rd Wells, ME 04090-6832
Property summary
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 profile
VerifiedCap rate & NOI
Current use
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Metal Fabrication Plant Recycling Center
Value estimations
Owner & transaction history
Zoning & alternative use
Light Industrial District. A. Purpose. The purpose of the Light Industrial District is to provide areas for a wide range of light industrial and large-scale business uses which are clean and nonpolluting. B. Permitted us…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
LI · Wells, MELight Industrial District. A. Purpose. The purpose of the Light Industrial District is to provide areas for a wide range of light industrial and large-scale business uses which are clean and nonpolluting. B. Permitted us…
Zoning
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Zoning designation
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The district profile from the municipal source: what is on file for LI in Wells, ME.
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