Active

Ellsworth,ME 04605

$ 1250000

- Bed

3 Baths

7488 SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Square Footage 7,488 sqft

Price per Sqft $166

MLS Listing ID 1608395

Style Other

Full Baths 2

Half Baths 1

Year Built 1933

Annual Tax Amount $5,813

Tax Year 2023

Lot Size 2,613 Sqft

Property Description

Prime Investment Opportunity on Main Street!

Location is everything and 108 Main Street offers it all. Situated in the heart of a thriving Main Street America Designated downtown, this historic multi-use commercial building boasts over 7,000 sq ft of versatile, income-generating space across three levels. This is truly a turn-key investment opportunity.

Just steps from the Union River, City Hall, the library, 5-star dining, boutiques, speak-easies, bakeries, the post office, and more, this building is at the center of it all—perfect for live/work or income property setups.

Property Highlights:
Spacious ground floor retail space with Main Street frontage

Short-term or long-term rentals on the second floor

Additional retail space on Store St

Partially finished basement with Main Street access for further rental income

Historic charm with modern infrastructure: updated plumbing, heating, electrical, and high-capacity internet

Roof in excellent condition with years of life remaining

2 deeded parking spaces + additional free City Hall lot parking adjacent

Whether you're looking to live and work downtown or continue as an investor, this property is ready to generate income from day one. The current owners have meticulously maintained and updated the building, creating a rare opportunity in one of the most desirable downtown locations.

Location

State ME

County Hancock

Zoning DT

Interior

Heating Radiator

Cooling Wall/Window Unit(s)

Flooring Carpet

Exterior

Parking Features No Driveway,Other

Utilities Available 1

View Y/N No

Roof Type Other

Building

Sewer Public Sewer

Water Public

Structure Type Brick,Other

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