632 Berwick Rd Wells, ME 04090-7300
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
LI · Wells, MEWells. Always verify with local authorities before improvements.
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.