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    107 Main St Ellsworth, ME 04605

    Sponsored
    For Sale
    $949,000

    Established Business, Prime Location, High Returns

    Property size:
    14,671 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    339
    This exceptional 14,671 square foot commercial property, situated on a 0.35-acre lot at 107 Main Street in the heart of Ellsworth, Maine, presents a rare investment opportunity. The property includes a well-established business, currently operational and generating income. Significant improvements have been made to the building since the current ownership, enhancing its functionality and appeal. A sophisticated, user-friendly system is in place for streamlined business management, automating calculations for commissions, rents, and taxes. A substantial portion of the existing inventory will be included in the sale, ensuring a smooth transition for the new owner. The sale includes several established rented booths, contributing to the property's consistent revenue stream. A detailed inventory list specifying items included and excluded in the sale will be provided to prospective buyers. This turnkey operation offers immediate income potential and significant upside for a savvy investor seeking a thriving business in a desirable Maine location. The property's central downtown location provides excellent visibility and accessibility, ensuring continued success for the business. This is a unique chance to acquire a profitable, established enterprise with significant potential for growth. Serious inquiries are encouraged to explore this exceptional opportunity further.

    Property Features for 107 Main St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    14,671 SF
    Lot Size
    15,246 SF

    Building Details

    Year Built
    1933
    Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ellsworth
    County
    Hancock
    State
    Maine
    Longitude
    -68.42376
    Latitude
    44.54131

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    FAQs

    What type of property is this?
    Commercial real estate - Established Business, Prime Location, High Returns
    Where is this commercial real estate located?
    The property is located at 107 Main St Ellsworth, ME.
    What is the asking price?
    The asking price for this property is $949,000.
    (207) 667-7423
    Request Owner's contact information
    107 Main St Ellsworth, ME 04605
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    Ellsworth, ME 04605
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    107 Main St Ellsworth, ME 04605
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