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Five-Unit Mixed-Use Property
New
For Sale
$895,000

13 & 15 High St, Ellsworth, ME 04605

Two buildings combine residential rentals, an occupied hair salon, and an adjacent buildable lot.

Property Size5,566 SF
Price / SF$160.80
Days on Market2

Property Features for 13 & 15 High St

General Information

Standard status Active
Size 5,566 SF
Property subtype Multi-Family

Units

Unit Mix 4 x 2BR/1BA, 1 x 1BR/1BA
Multifamily Units 5

Building Details

Year Built 1982
Buildings 2
Tenancy Multi
Listed By: Signature Homes Real Estate Group
Source: Signaturehomesmaine
Added: Oct 4 Last Checked: Oct 5 at 6:16PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Signature Homes Real Estate Group

Investment Insights

Based on property information with market context.

Two buildings at 13 and 15 High Street contain five apartments and commercial space, with a reported property size of 5,566 square feet. The 1850 Victorian building has two 2-bedroom, 1-bath apartments. The 1982 building includes two more 2-bedroom, 1-bath apartments, one 1-bedroom, 1-bath apartment, and commercial space occupied by a hair salon. Improvements made over the past five years include heat pumps, roofing, insulation, remodeled kitchens, electrical and plumbing work, appliances, paved parking, fencing, and lighting.

An adjacent 0.16-acre lot has a paved driveway and a zero-lot-line restriction. Adding a rental property on that lot may be possible, subject to municipal approvals and permitting.

Key Highlights

  • Five apartments: four 2‑bedroom, 1‑bath units and one 1‑bedroom, 1‑bath unit
  • 5,566 square feet across two buildings, with commercial space occupied by a hair salon
  • 1850 Victorian building and a second building constructed in 1982

Property Analytics

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Current Use

Mixed-use properties

Suggested Use

Top Pick Plumbing Service (Bike/Boat/Book/etc) Store Furniture & Home Goods Garden Center HVAC Service Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

960
Businesses Nearby

Demographics for 04605, ME

13,651
Population
9,188
Households
1.5
Avg Household Size
47
Median Age
39%
College-Educated
96%
High-School Grad
265.4 sq mi
ZIP Area
51
Density / Sq Mi
$72,083
Median Household Income
$42,262
Median Earnings
$983
Median Rent
$230,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two buildings combine residential rentals, an occupied hair salon, and an adjacent buildable lot.
Where is this mixed-use property located?
The property is located at 13 & 15 High St Ellsworth, ME.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: Five apartments: four 2‑bedroom, 1‑bath units and one 1‑bedroom, 1‑bath unit; 5,566 square feet across two buildings, with commercial space occupied by a hair salon; 1850 Victorian building and a second building constructed in 1982
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