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Short-Term Rental Portfolio
For Sale
$1,099,000

324-328 High Street, Ellsworth, ME 04605

Commercial Sale, Ellsworth, ME

Property Size4,728 SF
Lot Size1.00 Acre
Price / SF$232.45
Days on Market92

Property Features for 324-328 High Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning COMMERCIAL
Rooms Basement
Basement Full
Lot features Business District, Near Shopping, Retail Strip
Standard status Active
Size 4,728 SF
Lot size 1.00 Acre

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 12466

Utilities

Sewer type Public Sewer
Heating system Electric (Heating), Heat Pump (Heating), Baseboard, Forced Air, Oil
Cooling system Heat Pump
Water source Private

Amenities

washer and dryer
dishwasher
heat pumps
covered wood porches

Building Details

Year built 1946
Flooring type Wood
Building materials Wood Frame, Vinyl Siding
Roof type Shingle
Listing Agency: Realty of Maine
Listed By: Theresa Wilbur
Added: Jul 7 Changed: Oct 4 Last Checked: Oct 6 at 12:06AM
MLS# 1668760

Copyright © 2026 Maine Listings. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

The property includes two buildings with 4,728 square feet across a 1-acre site. The White House has three bedrooms and two full bathrooms; the Black Duplex contains two units, each with two bedrooms and two full bathrooms. All three units are furnished and operating as short-term rentals. Updates include new roofs, kitchens and appliances, luxury vinyl plank flooring, vinyl siding, and covered wood porches. Each unit has oil-fired boiler heat, supplemental heat and air conditioning from heat pumps, a washer and dryer, a dishwasher, and 200-amp electrical service. Both buildings have full basements.

The site is in Ellsworth and is zoned commercial. Water is supplied by a private well, and the property is served by public sewer. The buildings date to 1946. Established mowing, plowing, trash, and short-term rental management services may transfer to a new owner.

Key Highlights

  • Two buildings totaling 4,728 square feet on 1 acre
  • Three furnished short‑term rental units: one 3‑bedroom unit and two 2‑bedroom units
  • Each unit has 2 full bathrooms

Property Analytics

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Current Use

Short term rental ...

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Electrical Service Locksmith Grocery & Convenience Store (Bike/Boat/Book/etc) 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

3
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

354
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
Rey
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Frequently Asked Questions

What type of property is this?
Short term rental property - Two furnished buildings in a commercial zone are configured as three separate rental units.
Where is this short term rental property located?
The property is located at 324-328 High Street Ellsworth, ME.
What is the asking price?
The asking price for this property is $1,099,000.
What are key features of this property?
This property features: Two buildings totaling 4,728 square feet on 1 acre; Three furnished short‑term rental units: one 3‑bedroom unit and two 2‑bedroom units; Each unit has 2 full bathrooms
More about this property
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