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Mixed-Use Property with Furnished Rental

381 State Street, Ellsworth, ME 04605

For Sale
$199,000

The ground floor includes five exam rooms with sinks, reception and waiting areas, a kitchen, and 1.5 bathrooms.

Property Size2,518 SF
Lot Size1.20 Acres
Price / SF$79.03
Days on Market778

Property Features for 381 State Street

General Information

Standard status Active
Size 2,518 SF
Lot size 1.20 Acres
Property subtype Commercial
Zoning Urban

Additional Details

Furnished Yes
Property Use Veterinary Hospital, Short-term Rental
Medical Specialty veterinary

Taxes and HOA fees

Annual Taxes $5,038

Building Details

Building Size 2,518 SF
Year Built 1900
Buildings 1
Stories 2
Listing Agency: Realty of Maine
Listed By: Travis Coffin
Source: Integrityhomesrealestategroup
Added: Sep 25, 2024 Changed: Nov 11 Last Checked: Nov 11 at 2:20AM

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 Realty of Maine

Rey
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Investment Insights

Based on property information with market context.

Built in 1900, this 2,518-square-foot property has a two-level layout. The first floor is arranged as a veterinary hospital, with reception and waiting areas, a kitchen, five exam rooms equipped with sinks, and 1.5 bathrooms. A furnished short-term rental occupies the second floor. The existing arrangement combines medical-service space with furnished lodging.

The property occupies approximately 1.2 acres and has ample parking and two entrances. Its zoning is Urban. The current layout has also been identified for possible adaptation as a single-family home, multifamily residence, or mixed-use property.

Key Highlights

  • 2,518‑square‑foot building constructed in 1900
  • First floor has five exam rooms with sinks, reception and waiting areas, a kitchen, and 1.5 bathrooms
  • Furnished short‑term rental on the second floor

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Medical Office Space

Suggested Use

Top Pick Big Box & Wholesale Store Storage Facility (Bike/Boat/Book/etc) Store Auto Repair Shop Parking Lot & Garage Cafe & Coffee Shop

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

163
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 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

Frequently Asked Questions

What type of property is this?
Mixed-use property - The ground floor includes five exam rooms with sinks, reception and waiting areas, a kitchen, and 1.5 bathrooms.
Where is this mixed-use property located?
The property is located at 381 State Street Ellsworth, ME.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: 2,518‑square‑foot building constructed in 1900; First floor has five exam rooms with sinks, reception and waiting areas, a kitchen, and 1.5 bathrooms; Furnished short‑term rental on the second floor
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