61 Willie Hill RdWells, ME 04090
- Industrial properties
- 1,810 SF
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
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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