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Listed by Better Homes & Gardens Real Estate/The Masiello Group • [email protected]
$ 1,250,000
Active
Address not disclosed Ellsworth, ME 04605
3 Baths
7,488 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Square Footage 7,488 sqft
MLS Listing ID 1608395
Style Other
Full Baths 2
Half Baths 1
HOA Y/N No
Abv Grd Liv Area 7,488
Originating Board Maine Listings
Year Built 1933
Annual Tax Amount $5,813
Tax Year 2023
Lot Size 2,613 Sqft
Acres 0.06
Property Description
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!
Location
State ME
County Hancock
Zoning DT
Rooms
Basement Interior, Unfinished
Interior
Heating Radiator
Cooling A/C Units
Flooring Carpet
Exterior
Parking Features No Driveway, Other
Utilities Available 1
View Y/N No
Roof Type Other
Street Surface Paved
Garage No
Garage No
Building
Sewer Public Sewer
Water Public
Architectural Style Other
Structure Type Brick,Other
Others
Energy Description Oil
