Ellsworth ME Multi Family for Sale

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Type:
Multi-Family
Sq.Ft.:
4,192
Status:
Active
Beds:
n/a
Lot size:
5.56 Acres
Year built:
2024
Baths:
MLS#:
1611346

ADDITIONAL INFORMATION

The property consist of 2736 square feet of new construction space with 2-ADA compliant 1/2 Baths, 2 regular 1/2 Baths with a full kitchen and 2 large common areas. There is a 6' x 30' covered porch on the front and a 8' x 76' covered porch on the back of the new building. This structure is all new construction with VCT Tile flooring and finished drywall ceiling and wall coverings. The second building is 1452 square feet and is a Burlington 1990 Mobile Class Room with 2x6 construction and insulated skirting on a slab. It has 2 ADA compliant 1/2 baths, a kitchen and 2 large common areas. There is also a large outside fenced in area with playground equipment accessable from both buildings. The driveway in from Christian Ridge Road and a large parking area is all new asphalt with line markings. These buildings are currently being operated as an independent private school. They can be purchased with the intent of continuing the current use and the current owners will work with any potential qualified buyer to assist in that process (licensing, permits, etc.,). Short-term owner carry for a portion of the purchase price could be an option for any qualified buyer. There are currently 14 full time students and 4 part time. These buildings could easily be converted to multi-family, office space, single family residential or any other allowable use in the Neighborhood Zoning in Ellsworth.

Type:
Multi-Family
Sq.Ft.:
3,151
Status:
Active
Beds:
n/a
Lot size:
0.15 Acres
Year built:
1850
Baths:
4.00
MLS#:
1609885

ADDITIONAL INFORMATION

A fantastic investment opportunity awaits with this three-unit multifamily property situated in the heart of Ellsworth. Ideally located for convenience, this property is just moments away from shopping, dining, and local employment hubs as well as only a half hour away from Acadia National Park and 40 minutes away from Bangor. Very well maintained and updated, it boasts a good history of occupancy, making it an appealing choice for both seasoned investors and those looking to enter the multifamily market or perhaps those looking for an owner-occupied property. Don't miss out on this prime location and income-generating potential!

Type:
Multi-Family
Sq.Ft.:
7,488
Status:
Active
Beds:
n/a
Lot size:
0.06 Acres
Year built:
1933
Baths:
3.00
MLS#:
1608395

ADDITIONAL INFORMATION

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!

Type:
Multi-Family
Sq.Ft.:
5,097
Status:
Active
Beds:
n/a
Lot size:
0.11 Acres
Year built:
1850
Baths:
2.00
MLS#:
1607241

ADDITIONAL INFORMATION

Discover extensively remodeled executive apartments in the heart of downtown Ellsworth. This well-constructed property boasts over 2,000 square feet of versatile commercial space on the 1st floor, complete with inviting Water Street windows and a prominent entrance. The back room features a separate entrance and there is a spacious shared bathroom. The second floor showcases two luxurious, fully furnished two-bedroom apartments, primed and ready for immediate rental. The third floor offers bonus ''owner quarters,'' complete with a spacious room, a kitchenette area, and a full bathroom. Notable features of the property include central air conditioning and heating, high ceilings, large windows, multiple entrances, and ample public parking. Don't miss out on this remarkable investment!

Type:
Multi-Family
Sq.Ft.:
4,832
Status:
Active
Beds:
n/a
Lot size:
1.23 Acres
Year built:
2002
Baths:
7.00
MLS#:
1584521

ADDITIONAL INFORMATION

Investors take notice! Four buildings, 6 residential tenants and 1 commercial tenant (salon) with additional 4 garage/storage spaces which could be used for additional rents. Partially finished space beneath the office duplex is a bonus for another rent! Significant paved parking for all buildings. This is a must see! Great investment due to the strong rental history and proximity to downtown Ellsworth.

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Andrea Conner, License DB922721, Xome Inc., License AC90602770, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067


Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2025 Maine Real Estate Information System, Inc. All Rights Reserved.



Ellsworth Real Estate

The median home value in Ellsworth, ME is $312,500. This is lower than the county median home value of $345,300. The national median home value is $338,100. The average price of homes sold in Ellsworth, ME is $312,500. Approximately 52.01% of Ellsworth homes are owned, compared to 23.53% rented, while 24.46% are vacant. Ellsworth real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Ellsworth real estate agent to arrange a tour today!

Ellsworth, Maine has a population of 8,340. Ellsworth is less family-centric than the surrounding county with 23.27% of the households containing married families with children. The county average for households married with children is 24.7%.

The median household income in Ellsworth, Maine is $58,029. The median household income for the surrounding county is $60,354 compared to the national median of $69,021. The median age of people living in Ellsworth is 44.2 years.

Ellsworth Weather

The average high temperature in July is 78.1 degrees, with an average low temperature in January of 7.1 degrees. The average rainfall is approximately 47.2 inches per year, with 69.7 inches of snow per year.

Ellsworth Real Estate Market Conditions

  • Median sales price

    $312,500
    20.6% change since last quarter
  • # Active listings

    68
    30-day change

Ellsworth Schools and Demographics

Education near Ellsworth, ME

Metric City County
High School Graduates 95.31 95.22
College Degree - 2 year 11.61 9.48
College Degree - 4 year 34.71 35.5
Graduate Degree 6.5 9.29
Expenditures per Student 19,932 19,932
Students per Teacher 9.9 9.9

Elementary Schools near Ellsworth, ME

School Grades Students P/T Ratio ZIP
Beech Hill School PK - 08 94 10.1 04605
Cave Hill School PK - 08 85 8.5 04634
Ellsworth Elementary-Middle School PK - 08 823 04605
Hancock Grammar School KG - 08 211 04640
Lamoine Consolidated School KG - 08 104 04605
Mountain View School PK - 08 237 9.4 04664
Surry Elementary School KG - 08 100 8.4 04684
Trenton Elementary School KG - 08 122 7.5 04605

High Schools near Ellsworth, ME

School Grades Students P/T Ratio ZIP
Ellsworth High School 09 - 12 460 04605
Sumner Memorial High School 09 - 12 241 8.7 04664

Ungraded Schools near Ellsworth, ME

School Grades Students P/T Ratio ZIP
Hancock County Technical Center UG - UG 0 04605

Demographics near Ellsworth, ME

Metric City County
Neighborhood Type Small Town
Population 8,340 55,417
Population Density 105 35
Median Age 44.2 49.2
People per Household 2.2 2.2
Median Household Income 58,029 60,354
Average Income per Capita 32,842 35,975