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Property profile & analytics
OFF-MARKET
Office buildings

30 Water St Ellsworth, ME 04605-2033

2,472 SF 0.11 ac lot Built 1933
Individually Owned 6-yr Hold Free & Clear
Property ID
US42-0826586
Property summary
AI-generated overview

This exceptional mixed-use property at 30 Water Street in Ellsworth, Maine presents a unique investment opportunity. The building, totaling 5,097 square feet on a 0.11-acre lot, offers a compelling blend of commercial and residential space. The first floor encompasses over 2,000 square feet of versatile commercial space, ideal for a variety of businesses. Large Water Street windows and a prominent entrance ensure high visibility and accessibility. A separate entrance to the back room adds to the property's functionality, complemented by a shared bathroom. Upstairs, the second floor features two fully furnished, two-bedroom apartments, ready for immediate rental income generation. These luxurious apartments contribute significantly to the property's potential return on investment. Adding to the owner's convenience, the third floor provides bonus "owner quarters" with a spacious room, kitchenette, and full bathroom. The entire building benefits from central air conditioning and heating, ensuring year-round comfort. High ceilings, large windows throughout, and multiple entrances enhance the overall appeal and functionality. Ample public parking is readily available nearby, adding to the property's convenience. This meticulously maintained property represents a rare opportunity to acquire a thriving mixed-use building in the vibrant downtown Ellsworth area. The combination of commercial space and income-producing apartments makes this an attractive investment for discerning buyers.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1933
Total area 2,472 SF
Lot 0.11 ac (4,792 SF)
Zoning code DT
APN ELLH M:134 B:020 L:000 U:000
UPID US42-0826586
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
LISABETH J OXMAN
LISABETH J OXMAN
Zoning & alternative use
DT · Ellsworth, ME
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

A. Downtown (DT). The heart of this zone is Main Street. It is what is special about Ellsworth. This zone allows a mixture of uses. Uses in this zone are concentrated makin g it highly walkable steering away from single -purpose automobile trips. Off-street parking requirements are flexible. It is the intent of this zone to provide for a mixture of uses such…

Zone name Downtown
General category COMMERCIAL
Zone area 242.73 ac
Source ord56 0300 Unified Devlopment
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