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Listed by Better Homes & Gardens Real Estate/The Masiello Group
$ 1,250,000
Active
108 Main ST Ellsworth, ME 04605
7,488 SqFt
UPDATED:
Key Details
Property Type Commercial Sale
Sub Type Mixed Use
Listing Status Active
Square Footage 7,488 sqft
MLS Listing ID 1608392
HOA Y/N No
Year Built 1933
Annual Tax Amount $5,813
Tax Year 2023
Lot Size 2,613 Sqft
Acres 0.06
Property Sub-Type Mixed Use
Source Maine Listings
Land Area 7488
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 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
Exterior
Parking Features Other, On Street
View Y/N No
Building
Lot Description Downtown
