108 Main St Ellsworth, ME 04605
Property profile & analytics
108 Main St Ellsworth, ME 04605
- Office buildings
- 2,496 SF
- 0.06 lot acres
Property ID
US42-0774129
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Office buildings
Property Details for 108 Main St
- Year built
- 1933
- Lot size
- 0.06 lot acres
- Property size
- 2,496 SF
- Zone code
- DT
- Property type
- Office buildings
- APN
- ELLH M:136 B:194 L:000 U:000
- APU
- ELLHM136B194L000U000
Description
This exceptional mixed-use property at 108 Main Street in Ellsworth, Maine, presents a unique investment opportunity. Boasting over 7,488 square feet of usable space across three levels, this historic building is situated in the heart of Ellsworth's vibrant downtown, a designated Main Street America community. Its prime location offers unparalleled convenience, with proximity to the Union River, library, city offices, and a diverse array of businesses including restaurants, boutiques, and shops. Currently fully occupied with a mix of tenants including a holistic health practice and short-term rental units, this property generates substantial income. The ground floor offers potential for subdivision to increase rental revenue, while partially finished cellar spaces with Main Street access provide further expansion opportunities. The building benefits from recent renovations, including updated plumbing, heating, and electrical systems, high-capacity internet, and a well-maintained roof. A unique deed provides two dedicated parking spaces behind the building, plus access to additional free monitored city parking at the City Hall lot. This turnkey investment allows for immediate income generation, with the possibility of owner occupancy. The property's blend of commercial and residential spaces, coupled with its prime location and recent upgrades, makes it an exceptional investment opportunity in a thriving Maine community. The asking price is $1,250,000, and the lot size is 0.06 acres.
Value Estimations
based on Realmo’s proprietary methodology
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CAP approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Ellsworth
- County
- Hancock
- State
- Maine
- Longitude
- -68.4241
- Latitude
- 44.5416
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$5,813
$58,695
$277,305
$336,000
-
$0.00
$0.00
$0.00
