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108 Main Street, Ellsworth, ME 04605

$998,000
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Featured Listing Active
BATHS2 full 1 partial SQUARE FEET7,488 MLS#1650303
STATUSActive PROPERTY TYPEMulti Unit - Multiple

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.

108 Main Street | MLS# 1650303

This multi-family property located at 108 Main Street, Ellsworth, ME 04605 is currently listed for sale by Better Homes & Gardens Real Estate/The Masiello Group, with an asking price of $998,000. Search Ellsworth real estate on www.masiellogrouprealestate.com today.

Listing Video

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Interior Entry, Full
Cooling: Other
Heating: Oil, Heat Pump, Radiator
Home Style: Other
Lot Size: 0.06 Acres
Roof Type: Other
Taxes: $6,649
Year Built: 1933

Feature Descriptions

Electric: Circuit Breakers
Exterior: Masonry, Brick
Flooring: Carpet, Tile
Foundation: Granite
Lot: Business District, Intown, Near Shopping, Level, Sidewalks
Parking: No Driveway, Other Parking, On Street
Road Surface: Paved
Sewer: Public Sewer
SQ FT Above Grade: 4992
SQ FT Below Grade: 2496
Water: Public

Listed By / Shown By

agent picture

Listed By

Agency Name: Better Homes & Gardens Real Estate/The Masiello Group
Agent Name: Katie Blackwell Miles
Agency Phone: (207) 343-0559

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Estimated Payment

$ 3,066.28 per month $2,221.12 Principal & Interest $554.08 Property Tax $291.08 Homeowner's Insurance

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