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    FOR LEASE
    Super regional malls

    225 High St, Ellsworth, ME 04605

    52,584 SF 27.38 ac lot Built 1967
    Entity Owned Free & Clear
    Property ID
    US42-0775773
    225 High St, Ellsworth, ME 04605 For Lease
    $1,110,000
    225 High St, Ellsworth, ME 04605
    View Listing →
    Property summary
    AI-generated overview

    Located at 225 High St, Ellsworth, ME 04605, Maine Coast Mall offers a unique opportunity for businesses seeking flexible retail or industrial space in Hancock County. This multi-tenant property boasts a total of 40,896 square feet, with eight individual suites available. The property is categorized as both retail and industrial, making it suitable for a diverse range of businesses. Space options are highly flexible, with a minimum divisible unit of 3,882 square feet and a maximum contiguous space of 15,000 square feet. Currently, a significant portion of the building, totaling 45,639 square feet, is vacant, presenting a rare chance to secure substantial space in a well-situated location. The property's "flex" designation highlights its adaptability to various business needs. This prime Ellsworth location offers excellent visibility and accessibility, making it an ideal choice for businesses seeking to establish or expand their presence in the vibrant Maine market. The property's diverse suite sizes cater to a wide spectrum of business requirements, from small startups to larger enterprises. Don't miss this opportunity to secure your ideal space in this versatile and strategically located commercial property.

    Property profile
    Verified
    Property type Super regional malls
    Use group REGIONAL SHOPPING CENTER, MALL
    Year built 1967
    Total area 52,584 SF
    Lot 27.38 ac (1,192,673 SF)
    Zoning code CDD
    APN ELLH M:128 B:007 L:000 U:000
    UPID US42-0775773
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $1.11M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $1.11M
    Owner & transaction history
    UNION RIVER ASSOC REALTY
    UNION RIVER ASSOC REALTY
    Zoning & alternative use
    CDD · Ellsworth, ME
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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