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    Blue Hill, ME
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    Blue Hill, ME Multifamily Properties for Sale

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    Sedgwick, ME Surry, ME Penobscot, ME Brooksville, ME Trenton, ME Brooklin, ME Ellsworth, ME Bar Harbor, ME
    Multi-Unit Apartment Building with Bay Views
    Updated: Jul 7
    Multi-Unit Apartment Building with Bay Views

    515 Falls Bridge Road, Blue Hill, ME 04614

    $1,125,000
    7,700 sqft 2.05 AC lot
    2.05 surveyed acres perched above Blue Hill Bay
    7,700± SF building with five apartments across four levels
    Two approx. 1,900‑SF two‑to‑three bedroom, two‑bath units on floors one and two
    Propane‑fired central hot water heating system plus baseboard and hot water heat
    Reported improvements: newer roof and updated kitchens
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    Apartment Building with Overhead Cranes
    Updated: Jun 3
    Apartment Building with Overhead Cranes

    176 Ellsworth Road, Blue Hill, ME 04614

    $950,000
    10,000 sqft 0.95 AC lot
    Six‑unit apartment building built in 1990 (two 2‑bedroom units, four 1‑bedroom units) fully tenanted
    Commercial building built in 2011 with long‑time retail tenant plus large garage door, two overhead cranes, and 600‑square‑foot freezer
    0.95‑acre mixed‑use property at 176 Ellsworth Road with parking in front and behind the buildings
    3‑phase 200‑amp service and an additional 200‑amp service
    Well and private water with private sewer; shingle roof
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    Mixed-Use 6-Unit Apartment Building
    Mixed-Use 6-Unit Apartment Building

    176 Ellsworth Road, Blue Hill, ME 04614

    $950,000
    10,000 sqft 0.95 AC lot

    Built in 1990 and fully occupied, with 2 two-bedroom units and 4 one-bedroom units.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Multi-Family Building with Bay Views
    Multi-Family Building with Bay Views

    515 Falls Bridge Road, Blue Hill, ME 04614

    $1,125,000
    7,700 sqft 2.05 AC lot

    The Henhouse is a five-unit, four-level apartment building on 2.05 acres with many units offering Blue Hill Bay views.

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    Mixed-Use Building with Overhead Cranes
    Mixed-Use Building with Overhead Cranes

    176 Ellsworth Road, Blue Hill, ME 04614

    $950,000
    10,000 sqft

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

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    Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 5 Active listings in Blue Hill, ME, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Duplex with Separate In-Law Apartment
    Duplex with Separate In-Law Apartment

    9 Laurel Street, Ellsworth, ME 04605

    $539,000
    3,310 sqft 0.61 AC lot

    Duplex in-town Ellsworth with a remodeled layout, separate in-law apartment, fenced backyard patio, and off-street parking.

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    Quadplex Building with Street-Corner Retail
    Quadplex Building with Street-Corner Retail

    3 Main Street, Castine, ME 04421

    $1,495,000
    5,000 sqft 0.10 AC lot

    Mixed-use quadplex with three commercial spaces and four residential units, set on a street corner with public utilities.

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    Mixed-Use Village Corner Building
    Mixed-Use Village Corner Building

    3 Main Street, Castine, ME 04421

    $1,495,000

    Commercially zoned property combining storefront space with residential units in Castine village.

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    Mobile Home Park with Expansion Lot
    Mobile Home Park with Expansion Lot

    85 Atlantic Highway Highway, Ellsworth, ME 04605

    $399,000

    Seven-pad mobile home park with an additional one-acre lot for possible expansion and three homes currently on site.

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercial Land Parcel with Route Frontage
    Commercial Land Parcel with Route Frontage

    2680 Route 3, Palermo, ME 04354

    $69,000
    6.20 AC lot

    6.2-acre commercial parcel on Route 3 with shared driveway, suited for homes, lots, or business development.

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    Greenbush Land with Septic System
    Greenbush Land with Septic System

    638 Greenfield Road, Greenbush, ME 04418

    $65,000
    2.00 AC lot

    Two-acre lot with well, septic, power, and driveway.

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    Partially Cleared Lot in Lagrange
    Partially Cleared Lot in Lagrange

    Country Lane, Lagrange, ME 04453

    Contact for pricing
    1.73 AC lot

    1.73 acre lot suitable for mobile homes, near trails.

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    Augusta Land For Sale
    Augusta Land For Sale

    Map 15 Lot 6C Spring Road, Augusta, ME 04330

    $99,000
    14.63 AC lot

    14.63 acre lot in Augusta's Rural Village Zoning.

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    Blue Hill, ME Multifamily Properties Market Trends and Statistics

    Explore 5 multifamily properties for sale in Blue Hill, ME, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 45,400 square feet of properties for sale, with an estimated market value of $5,100,000.

    Sale prices for multifamily properties in Blue Hill, ME start at $950,000, averaging $1,020,000, and reaching up to $1,125,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Apartment buildings 5

    Demographics Overview

    Population 2,811
    Population Growth (5Y) +5.6%
    Median Household Income $70,164
    College Educated 74.2%

    High-Yield Neighborhoods for Investment

    Identify Blue Hill submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    04614 $1M

    Taxes & Financing

    Tax Rate (average for all types) 1.33%
    Tax Rate vs County Average 0.24 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Hancock County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Hancock County

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