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Mixed-Use Commercial Building
For Sale
$325,000

16 State Street, Ellsworth, ME 04605

Commercial zoning accommodates retail, residential-unit, and office-space possibilities.

Property Size3,960 SF
Price / SF$82.07
Days on Market983

Property Features for 16 State Street

General Information

Standard status Active
Size 3,960 SF
Property subtype Commercial
Zoning Commercial

Taxes and HOA fees

Annual Taxes $4,820

Building Details

Building Size 3,960 SF
Year Built 1840
Buildings 1
Stories 2
Listing Agency: Sargent Real Estate
Listed By: Daniel Sargent
Source: Startpoint
Added: Nov 27, 2023 Changed: Aug 2 Last Checked: Aug 5 at 1:31PM

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 Sargent Real Estate

Investment Insights

Based on property information with market context.

Positioned at 16 State Street in downtown Ellsworth, this 3,960-square-foot commercial building dates to 1840. The property carries Commercial zoning and offers a flexible framework for several occupancy concepts, including retail, residential units, and office space.

Its combination of established downtown placement, substantial building area, and mixed-use classification creates a versatile setting for evaluating different commercial or residential configurations. Additional property details are available for review.

Key Highlights

  • 3,960‑square‑foot commercial building
  • Commercial zoning designation
  • Built in 1840

Property Analytics

Current Use

Storefront properties

Suggested Use

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

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

Location Intelligence

Trade Area within ½ mile

868
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

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Commercial zoning accommodates retail, residential-unit, and office-space possibilities.
Where is this mixed-use property located?
The property is located at 16 State Street Ellsworth, ME.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: 3,960‑square‑foot commercial building; Commercial zoning designation; Built in 1840
More about this property
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