Bought with Legacy Properties Sotheby's International Realty
For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $880,000
Property Type Commercial Sale
Sub Type Mixed Use
Listing Status Sold
Square Footage 6,562 sqft
MLS Listing ID 1560913
Sold Date 10/31/23
HOA Y/N No
Originating Board Maine Listings
Year Built 1840
Annual Tax Amount $5,486
Tax Year 2023
Lot Size 2,613 Sqft
Acres 0.06
Property Description
What a transformation this Downtown property has taken since 2020! Fully renovated creating an incredible opportunity offering 4 large, high quality - 1 Bedroom apartments and two commercial retail spaces. 100% rented. Light, bright and inviting is how this property presents itself! Unit 63B even comes fully furnished as it's presently used for short-term rentals. The commercial spaces have front & rear entrances and each building provides private entry leading to the 2nd & 3rd floor apartments. Both buildings share the HWBB heat and that's about it. Heat pumps in the commercial spaces and heat pump hot water heaters on each side provide the domestic hot water. A beautiful stainless steel fire escape spanning to the 3rd floor apartments graces the rear of the building. Truly a gem in the heart of Ellsworth! You can't go wrong with the high traffic area, excellent visibility and public parking. It's a must see!
Location
State ME
County Hancock
Zoning HDT
Direction Property on lower Main St in Ellsworth near Main St/Water St intersection.
Rooms
Basement Finished, Full, Unfinished
Interior
Heating Multi-Zones, Hot Water, Heat Pump, Baseboard
Cooling Heat Pump
Flooring Wood, Laminate, Carpet
Equipment Internet Access Available
Exterior
Garage Other
Waterfront No
View Y/N No
Roof Type Shingle,Slate
Accessibility Level Entry
Parking Type Other
Building
Lot Description Downtown, Business District, Historic District
Story 3
Foundation Granite, Brick/Mortar
Sewer Public Sewer
Water Public
Structure Type Brick,Masonry
Others
Restrictions Unknown
Energy Description Oil, Electric
Financing Other
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
GET MORE INFORMATION
Paul Rondeau
Broker Associate | License ID: BA923327
Broker Associate License ID: BA923327