61 Willie Hill RdWells, ME 04090

  • Industrial properties
  • 1,810 SF
For Sale
$1,800,000 View listing

Property Details for 61 Willie Hill Rd

Year built
2019
Lot size
5.69 AC
Property size (Sq ft)
1,810 SF
Zone code
LI
Property type
Industrial properties
Property subtype
Other industrial properties
APN
WLLS M:040 L:3-10
APU
WLLSM040L310

Description

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.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $342,523
    Hospitality
    $313,749
    Educational
    $261,036
    Medical
    $270,013
    Retail
    $406,055
61 Willie Hill Rd, Wells, Maine

Location Insight

City
Wells
County
York
State
Maine
Latitude
43.3196
Longitude
-70.64
CBSA code
38860
CBSA name
PORTLAND-SOUTH PORTLAND-BIDDEFORD, ME METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$3,099
$268,490
$251,400
$519,890
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