108 Main St, Ellsworth, ME 04605

$998,000
3
BA
4,992
SqFt

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Listing courtesy of Better Homes & Gardens Real Estate/The Masiello Group.

List Price
$998,000
MLS#
1650303
Status
ACTIVE
Type
Multifamily
City
Ellsworth
County
Hancock
Bathrooms
3
Living Area
4,992
Lot Size
2,613
Year Built
1933

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.

Additional Information

Living Area
4,992
Electric
Circuit Breakers
Water
Public
Basement
Interior Entry, Full
Cooling
Other
Year Built
1933
Acres
0.06
Roof
Other
Foundation
Granite
Style
Other
Courtesy Of Listing Office
Better Homes & Gardens Real Estate/The Masiello Group

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