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Listed by Katie Blackwell Miles Better Homes & Gardens Real Estate/The Masiello Group
$998,000
Est. payment /mo
3 Baths
7,488 SqFt
Active
108 Main ST Ellsworth, ME 04605
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Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 7,488 sqft
Price per Sqft $133
MLS Listing ID 1650303
Full Baths 2
Half Baths 1
HOA Y/N No
Year Built 1933
Tax Year 2024
Lot Size 2,613 Sqft
Acres 0.06
Source Maine Listings
Land Area 7488
Property Description
Prime Main Street Investment Opportunity Location is everything and 108 Main Street delivers. Situated in the heart of a thriving Main Street America designated downtown, this historic mixed-use commercial building offers multiple income-producing spaces and exceptional versatility. All units are currently rented, providing income from day one, while the sellers are also willing to consider owner financing or partnering with an investor, creating additional possibilities for the investor. Just steps from the Union River, City Hall, the library, acclaimed dining, boutiques, bakeries, the post office, and banks, this property sits at the center of downtown activity. The prominent ground-floor retail space offers excellent Main Street frontage and visibility. While currently rented, this space could be made available for a buyer who would like to operate their own business from the property while continuing to generate income from the additional units. Property highlights include: Prominent ground-floor retail space with Main Street frontage Second-floor spaces offering short-term or long-term rental potential Additional retail space with Store Street frontage Partially finished, dry basement with Main Street access, ideal for inventory storage, conference space, break rooms, or other business needs Historic character paired with modern infrastructure, including updated plumbing, heating, electrical, and high-capacity internet availability Two parking spaces on the Store Street side, plus ample free parking in the adjacent City Hall lot All units currently rented and income-producing Whether you're looking for a turn-key investment, an owner-occupied business opportunity with additional rental income, or a creative investment partnership, 108 Main Street offers flexibility that's hard to find. This meticulously maintained downtown property presents an exciting opportunity in on of the area's most active commercial locations.
Location
State ME
County Hancock
Zoning DT
Direction GPS recognized. Main St is off Route 1A
Rooms
Basement Interior Entry, Full
Interior
Heating Oil, Heat Pump, Radiator
Cooling Other
Flooring Carpet, Tile
Exterior
Parking Features No Driveway, Other Parking, On Street
Roof Type Other
Garage No
Building
Lot Description Business District, Intown, Near Shopping, Level, Sidewalks
Foundation Granite
Water Public
Architectural Style Other
Others
Tax ID ELLH-000136-000194
Nearby Locations
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