Property profile

30 Water St Ellsworth, ME 04605

OFF-MARKET
Office buildings
Property ID
US42-0826586
2,472 SF 0.11 ac lot Built 1933
Individually Owned 6-yr Hold Free & Clear
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Property summary

AI-generated overview

A three-story, in-town brick mixed-use building located at 30 Water Street in Ellsworth, Maine (04605) on a 0.11-acre lot in an area designated under Downtown zoning. The first floor contains approximately 2,472 square feet of flexible commercial space configured for retail or professional use. The second floor has two apartments, each designed as a 2-bedroom, 1-bath layout with high ceilings and large, classic-style windows; the building is arranged to support one second-floor rental unit under applicable local regulations, with the other unit requiring owner occupancy. The third floor is configured as owner-occupied office space and includes a private bathroom. The building is heated and cooled by 10 heat pumps installed in 2024, and it includes dedicated off-street parking. A sprinkler system is noted as required, and the building’s configuration and compliance status affect the potential for second-floor unit rental use and any further apartment unit possibilities subject to town regulations.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1933
Total area 2,472 SF
Lot 0.11 ac (4,792 SF)
Zoning code DT
APN ELLH M:134 B:020 L:000 U:000
UPID US42-0826586

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

30 Water St Ellsworth, ME 04605-2033
Ellsworth metro Census 965503
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$270k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$270k

Owner & transaction history

Zoning & alternative use

DT · Ellsworth, ME
Zoning description

A. Downtown (DT). The heart of this zone is Main Street. It is what is special about Ellsworth. This zone allows a mixture of uses. Uses in this zone are concentrated makin g it highly walkable steering away from single…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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