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Mixed-Use Building with Overhead Cranes
For Sale
$950,000

176 Ellsworth Road, Blue Hill, ME 04614

Six-unit apartment building plus a larger retail structure with overhead cranes, large garage door, and freezer, both fully occupied.

Property Size10,000 SF
Price / SF$95
Days on Market181

Property Features for 176 Ellsworth Road

General Information

Standard status Active
Size 10,000 SF
Property subtype Multi-family

Additional Details

Heavy Power Yes
Multifamily Units 6

Building Details

Year Built 1990
Tenancy Multi
Listing Agency: EXP Realty
Listed By: Jennifer Cammack
Source: Profoundrealestate
Added: Mar 8 Changed: Sep 5 Last Checked: Sep 5 at 8:19AM

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 EXP Realty

Investment Insights

Based on property information with market context.

This mixed-use property combines a 6-unit apartment building and a separate commercial retail building on one site. The apartment building was built in 1990 and includes two 2-bedroom units and four 1-bedroom units, with tenants already in place. The larger commercial building was built in 2011 and has a long-term retail tenant. Additional partitions/petitions added to the commercial space could be removed and the area could be converted for other uses.

On the commercial building, there is a large garage door, two overhead cranes, and a 600 square foot freezer. The property also features 3-phase 200-amp service plus an additional 200-amp service, along with plenty of parking in front and behind the building.

The property has previously supported a range of community uses, including doggie day care, boat building, a convenience store, an office building, and residences. A large cell tower on top of Blue Hill Mtn. is located directly behind the property. The road is described as heavily traveled, with access to Ellsworth about 12 minutes away, Acadia National Park about 40 minutes away, and the head of Blue Hill Bay about 1 mile away.

Key Highlights

  • 6‑unit apartment building built in 1990; 2 two‑bedroom units and 4 one‑bedroom units, currently fully occupied with tenants
  • Additional larger commercial building built in 2011 with a long‑term retail tenant, fully occupied
  • Commercial building features a large garage door, 2 overhead cranes, and a 600 SF freezer

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Building Supply Auto Repair Shop Bakery Big Box & Wholesale 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

6
Residential units
Multi-tenant
Tenancy
Yes
Heavy power

Location Intelligence

Trade Area within ½ mile

45
Businesses Nearby

Demographics for 04614, ME

2,792
Population
2,199
Households
1.3
Avg Household Size
52
Median Age
49%
College-Educated
92%
High-School Grad
62.5 sq mi
ZIP Area
45
Density / Sq Mi
$70,164
Median Household Income
$36,076
Median Earnings
$332,500
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Mixed-use property - Six-unit apartment building plus a larger retail structure with overhead cranes, large garage door, and freezer, both fully occupied.
Where is this mixed-use property located?
The property is located at 176 Ellsworth Road Blue Hill, ME.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: 6‑unit apartment building built in 1990; 2 two‑bedroom units and 4 one‑bedroom units, currently fully occupied with tenants; Additional larger commercial building built in 2011 with a long‑term retail tenant, fully occupied; Commercial building features a large garage door, 2 overhead cranes, and a 600 SF freezer
More about this property
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