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108 Main Street, Ellsworth, ME 04605
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$1,250,000
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Home Details for 108 Main Street
Price
$1,250,000
Type
Commercial/Industrial
Year Build
1933
Sq. Ft.
7488
Lot Size
0.06
County
Hancock
Tax
$5,813
MLS®️ Listing#
1608392
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!
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- On Street
Listing Courtesy: Better Homes & Gardens Real Estate/The Masiello Group - steveshelton@masiello.com

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