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Property profile & analytics
OFF-MARKET
Showrooms

632 Berwick Rd Wells, ME 04090-7300

3,328 SF 2.02 ac lot Built 2020
Individually Owned Absentee Owner Free & Clear
Property ID
US42-0191187
Property summary
AI-generated overview

This exceptional investment opportunity encompasses a thriving, established fence company, Armstrong Fence, operating since 1979, and its strategically located Class A commercial real estate. The 3,328 square foot, two-story building, constructed in 2020, sits on a sizable 2.02-acre lot in Wells, Maine (04090), zoned LI - Light Industrial. The property boasts a multi-tenant occupancy, combining office and warehouse space, ideal for continued business operations or potential redevelopment. Its convenient location off Route 9 and near the Maine Turnpike ensures high visibility and easy access. The majority of the expansive lot is fenced, providing ample space for operations and storage. The asking price for this turnkey business and real estate package is $1,250,000. The property's APN is Map 0040, Block 003, Lot 4. This presents a rare chance to acquire a profitable, established business with significant real estate potential in a desirable coastal Maine location.

Property profile
Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 2020
Total area 3,328 SF
Lot 2.02 ac (87,991 SF)
Zoning code LI
APN WLLS M:040 L:3-4
UPID US42-0191187
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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Comparable Approach Comparable
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Owner & transaction history
STEVEN J DUPLISEA
STEVEN J DUPLISEA
Zoning & alternative use
LI · Wells, ME
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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