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Three-Story Mixed-Use Brick Building
For Sale
$699,000

30 Water Street, Ellsworth, ME 04605

Brick commercial property with retail, apartments, and a private office arranged across three levels.

Property Size5,097 SF
Price / SF$137.14
Days on Market73

Property Features for 30 Water Street

General Information

Standard status Active
Size 5,097 SF
Property subtype Multi-family

Units

Unit Mix 2 x 2BR/1BA
Multifamily Units 2

Additional Details

Sprinkler System No

Amenities

off-street parking

Building Details

Year Built 1850
Buildings 1
Stories 3
Construction brick
Listing Agency: Acadia Cornerstone Real Estate,LLC
Listed By: Veena Gaines
Source: Profoundrealestate
Added: Jun 20 Changed: Aug 30 Last Checked: Aug 30 at 5:15PM

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 Acadia Cornerstone Real Estate,LLC

Investment Insights

Based on property information with market context.

Located at 30 Water Street in Ellsworth, this 5,097-square-foot brick building combines commercial, residential, and office space across three floors. The first level contains 2,472 square feet of flexible space for retail or professional use. Two newly constructed apartments occupy the second floor, each with two bedrooms, one bathroom, high ceilings, and large traditional windows. The third floor provides an office with a private bathroom.

Ten heat pumps installed in 2024 serve the building. Dedicated off-street parking is included. Current town regulations allow one second-floor rental unit, while the other requires owner occupancy. A sprinkler system installation is required; once completed, both second-floor units may be rented, and additional apartment space may become possible under applicable regulations.

Key Highlights

  • 5,097‑square‑foot mixed‑use brick building at 30 Water Street, Ellsworth, ME 04605
  • First‑floor commercial space measures 2,472 sq. ft.
  • Two newly constructed 2‑bedroom, 1‑bath apartments on the second floor

Property Analytics

Current Use

Retail space

Suggested Use

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

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

2
Residential units

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 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 - Brick commercial property with retail, apartments, and a private office arranged across three levels.
Where is this mixed-use property located?
The property is located at 30 Water Street Ellsworth, ME.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: 5,097‑square‑foot mixed‑use brick building at 30 Water Street, Ellsworth, ME 04605; First‑floor commercial space measures 2,472 sq. ft.; Two newly constructed 2‑bedroom, 1‑bath apartments on the second floor
More about this property
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