2 Manhattan Way Mariaville, ME 04605
This 1.64-acre commercial lot, located at Lot 2 Manhattan Way in Ellsworth, Maine (04605), presents a unique opportunity for development. Situated in a private subdivision off North Bend Road, this property boasts a tranquil setting less than five minutes from downtown Ellsworth and close to the town of Surry. The land is characterized by a rolling/sloping terrain with a wooded view and offers proximity to numerous lakes and ponds. The lot is part of a seven-lot subdivision with gravel/dirt roads maintained by the homeowner's association. Please note that the property currently lacks essential utilities: no driveway, parking, electricity, gas, water, or sewer are available on-site. A well and septic system will be required for any future construction. The permitted zoning is residential, making it ideal for a new home or potential future development. The Hancock County location provides a peaceful, rural atmosphere while remaining conveniently close to Ellsworth's amenities. The APN is lot2manhattanwayellsworth. The asking price is $39,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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