108 Main ST Active

Ellsworth,ME 04605

$ 1250000

- Bed

0 Bath

7488 SqFt


Key Details

Property Type Commercial Sale

Sub Type Mixed Use

Listing Status Active

Square Footage 7,488 sqft

Price per Sqft $166

MLS Listing ID 1608392

Year Built 1933

Annual Tax Amount $5,813

Tax Year 2023

Lot Size 2,613 Sqft

Property Sub-Type Mixed Use

Property Description

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!

Location

State ME

County Hancock

Zoning DT

Exterior

Parking Features Other,On Street

View Y/N No

Building

Lot Description Downtown

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