Building Details

Year Built 2019

Stories 2

Listing Agency: Daigle Commercial Group

Listed By: Roger Daigle · License #DB208870 Show Phone

Source: Crexi

Added: Aug 7 Changed: Oct 1 Last Checked: Oct 16 at 9:02AM

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Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Daigle Commercial Group

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Investment Insights

Based on property information with market context.

Wild Bevy Distilling is a purpose-built beverage production and hospitality property in Wells, Maine. Completed in 2019, the 20,049-square-foot facility occupies 2.03± acres and includes a 2,000-liter Kothe hybrid pot still, automated production systems, fermentation and storage equipment, warehouse and retail areas, a prep kitchen, private offices, and conference space.

Customer-facing improvements include a tasting room, bar, mezzanine, patio, and side yard. These areas support dining, tours, live music, private events, and community programming. The property is located near I-95, with access to Ogunquit, the Kennebunks, and other Southern Maine destinations. The operation also includes an established product portfolio, distribution channels, production capacity, and multiple revenue streams.

Key Highlights

• Purpose‑built 20,049 SF facility constructed in 2019
• Situated on 2.03± acres in Wells, Maine
• Includes a 2,000‑liter Kothe hybrid pot still

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$242,486

Cap Rate

5.39%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$4,849,720 $4.8M

Cap Rate 7%

$3,464,086 $3.5M

Cap Rate 9%

$2,694,289 $2.7M

Is this asking price fair?

Market Conditions

NOI Build-Up for 20,049 SF

Gross rent

$360.9K $18.00/SF

− Vacancy

−$37.6K −$1.87/SF

EGI

$323.3K $16.13/SF

− OpEx

−$80.8K −$4.03/SF

NOI

$242.5K $12.09/SF

Area

York County, ME

Vacancy

10.41%

Lease Rate

$18.00 /SF/Yr

Expense Ratio

25.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$4,849,720

Cap Rate 7%

$3,464,086

Cap Rate 9%

$2,694,289

Alternative Uses

Best Use

Specialty Retail

$3.46M

$3.03M – $4.04M (±1% cap)

NOI $242,486 @ 7.0% cap · market cap 5.39%

Second Best

Industrial

$2.95M

$2.58M – $3.45M (±1% cap)

NOI $206,746 @ 7.0% cap · market cap 4.59%

Theoretical Best

Office A

$6.36M

$5.56M – $7.41M (±1% cap)

NOI $444,880 @ 7.0% cap · market cap 9.89%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Wild Bevy Distilling Brewery & Distillery

Suggested Use

Top Pick Furniture & Home Goods Storage Facility Big Box & Wholesale Store Barber Shop Building Supply Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

27

Businesses Nearby

Explore this area Business Placement

Demographics for 04090, ME

11,314

Population

9,590

Households

1.2

Avg Household Size

53

Median Age

38%

College-Educated

92%

High-School Grad

57.7 sq mi

ZIP Area

196

Density / Sq Mi

$83,900

Median Household Income

$47,928

Median Earnings

$1,313

Median Rent

$445,800

Median Home Value

Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019

4.6% 2020

3.2% 2021

3.3% 2022

5.3% 2023

6.6% 2024

7.6% 2025

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Frequently Asked Questions

What type of property is this?

Brewery - Purpose-built facility combines beverage production, dining, event areas, offices, and outdoor guest spaces.

Where is this brewery located?

The property is located at 596 N Berwick Rd Wells, ME.

What is the asking price?

The asking price for this property is $4,500,000.

What are key features of this property?

This property features: Purpose‑built 20,049 SF facility constructed in 2019; Situated on 2.03± acres in Wells, Maine; Includes a 2,000‑liter Kothe hybrid pot still