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OFF-MARKET
Mixed-use properties

132 Wallace Shr Rd Rd Harpswell, ME 04079

4,532 SF 0.81 ac lot Built 2017
Property ID
Property summary
AI-generated overview

This exceptional 4,532 square foot mixed-use facility, situated on a 0.81-acre waterfront lot in Harpswell, ME, presents a unique investment opportunity in the thriving Maine seafood industry. Fully permitted by state and local authorities for shellfish storage, land-based aquaculture, and more, this turnkey operation includes a substantial processing area and ample office space. The property boasts one of only two shellfish depuration permits in Maine, allowing for the harvesting, transport, cleaning, and retail sale of oysters, soft-shell clams, and other seafood. A full pier extends to deep water, featuring four moorings, a raw water intake system, and permitted on-site wet storage. Expansion permits for the pier and float system are already in place. Ideally located on the New Meadows River, this facility is perfectly positioned to serve the growing demand for Maine oysters and shellfish. The property's versatility allows for further development as a shellfish hatchery, wholesale seafood business, or aquaculture research facility. Priced at $989,000, this is a rare chance to acquire a fully operational, permitted, and strategically located coastal aquaculture business. The property's existing infrastructure and permits provide a significant advantage in this rapidly expanding market.

Property profile
Verified
Property type Mixed-use properties
Year built 2017
Total area 4,532 SF
Lot 0.81 ac (35,284 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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