Ellsworth, ME 04605

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Presented By: Better Homes & Gardens Real Estate/The Masiello Group; katieblackwellmiles@masiello.com
  • MLS# 1608395
  • 11/01/2024
  • Request Tour
  • Request Info
  • Full/Half Baths • 2 / 1
  • SQFT • 7,488

Home Details

Remarks: Location is everything! Large multi-use Main St commercial building that is convenient to the Union River, library, city offices, 5-star dining, a health food store, several boutiques, speak-easies, bakeries, the post office and all Main St businesses. 108 Main Street is an investor's dream as a historic building in a Main Street America Designation downtown. Over 7000 sq ft of usable space spanning 3 levels. Full occupancy, and tenants that are willing to stay, this building produces viable income with a holistic health practice on Main Street, and has both vacation-based and private short term rentals on the second floor. It also boasts a potential subdivided ground floor office space and partially finished cellar spaces with Main street access to increase rental incomes. In addition, this office has a unique deed that grants 2 free parking spaces in the back of the building, and additional free monitored City Parking in the City Hall Parking Lot. The owners have spared no expense renovating the property, maintaining the plumbing, heating, and electrical, adding high capacity internet, and ensuring the roof has several years of life remaining. With this building, the owners can live and work on Main Street or continue renting the spaces with ''Turn-Key'' income. Call and schedule your walk through today!
Presented By: Better Homes & Gardens Real Estate/The Masiello Group; katieblackwellmiles@masiello.com

Interior Features for

Bathrooms

Half Baths1
Total Baths3

Other Interior Features

Above Grade Finished Area7488.0
Air Conditioning Y/NYes
BasementInterior, Unfinished
Basement (Y/N)No
Below Grade Finished Area0.0
FlooringCarpet
Heating Y/NYes

General for

Additional Parcels Y/NNo
Architectural StyleOther
Attached Garage No
Carport Y/NNo
CityEllsworth
Construction MaterialsBrick, Other
CoolingA/C Units
CountyHancock
ElectricCircuit Breakers
Electric On Property Y/NNo
Full Baths2
Garage Spaces0.0
Garage Y/NNo
Gross Income127925.0
HOANo
HeatingRadiator
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Lot Size Square Feet2613.6
Lot Size UnitsAcres
MobileHomeRemainsYNNo
New ConstructionNo
Number Of Units Total3
Operating Expense45710.0
Property TypeMulti-Family
Rent Control Y/NNo
RoofOther
Senior Community Y/NNo
SewerPublic Sewer
Standard StatusActive
StatusActive
Tax Annual Amount5813.0
Tax Lot194
Tax Year2023
UtilitiesUtilities On
Waterfront Y/NNo
Year Built1933
ZoningDT

Exterior for

Building Area Total7488.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.06
Lot Size Area0.06
Lot Size SourcePublic Records
Open Parking Y/NNo
Parking FeaturesNo Driveway, Other
Road Surface TypePaved
SpaNo
Water SourcePublic

Additional Details

Price History

Debbie Bodwell

Branch Manager
Price $1,250,000
MLS#1608395
List Date 11/01/2024
Property Type Multi-Family
Phone 207.754.3962
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