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4-Unit Apartment Building with Office and Shop
For Sale
$1,100,000

62 Spring Street, Ellsworth, ME 04605

Multi-Family, Ellsworth, ME

Property Size5,524 SF
Lot Size1.48 Acres
Price / SF$199.13
Days on Market67

Property Features for 62 Spring Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning DT
Bathrooms 5
Full bathrooms 5
Rooms Bathroom 1, Bathroom 5, Bathroom 3, Bathroom 4, Bathroom 2
Parking features Off Street, Open
Patio and Porch features Porch, Deck
Pets allowed No
Interior features Other Amenities, Storage
Lot features Open, Level, Intown, Near Shopping
Standard status Active
Size 5,524 SF
Lot size 1.48 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 9516

Utilities

Sewer type Public Sewer
Heating system Hot Water(Heating), Propane (Heating), Baseboard, Other (Heating), Zoned
Water source Public

Building Details

Year built 2003
Floors in Building 2
Number of units 4
Flooring type Wood, Carpet, Tile, Laminate, Vinyl
Building materials Wood Frame, Vinyl Siding, Wood Siding, Other Exterior
Roof type Metal, Shingle, Fiberglass
Additional Structures Storage, Outbuilding, Other
Listing Agency: Realty of Maine
Listed By: Travis Coffin
Added: Jun 16 Changed: Aug 20 Last Checked: Aug 21 at 6:06PM
MLS# 1653122

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.

62 Spring Street in Ellsworth, Maine offers a mixed-use residential and commercial setup anchored by a 4-unit apartment building totaling 4,798 sq. ft. Built in 2003, the apartment building is connected to a 2,653 sq. ft. office and heated shop space, supporting a live-and-work layout or flexible tenant uses. A separate 2,240 sq. ft. cold storage building adds operational storage capacity, and the property also includes a separate detached garage for additional storage. The site provides 1.48 acres with direct access to both Spring Street and Birch Avenue, with open, off-street parking.

The property is served by public water and public sewer. Interior features include storage. Construction materials include wood frame with siding elements, and the roof is metal, fiberglass, and shingle. Zoning is DT.

Overall, the configuration combines apartment living with connected office and heated shop space, plus dedicated cold storage and additional garage storage, all on a single in-town parcel with convenient street access.

Key Highlights

  • 4,798 sq. ft. 4‑unit apartment building built in 2003
  • Connected 2,653 sq. ft. office and heated shop space
  • 2,240 sq. ft. cold storage building with direct access

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Furniture & Home Goods HVAC Service Florist Big Box & Wholesale Store Tanning Salon

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

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

891
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?
Quadplex - In-town quadplex with direct access to Spring Street and Birch Avenue and includes office, heated shop, and cold storage.
Where is this quadplex located?
The property is located at 62 Spring Street Ellsworth, ME.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: 4,798 sq. ft. 4‑unit apartment building built in 2003; Connected 2,653 sq. ft. office and heated shop space; 2,240 sq. ft. cold storage building with direct access
More about this property
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