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    FOR SALE
    Office buildings

    30 Water St, Ellsworth, ME 04605

    2,472 SF 0.11 ac lot Built 1933
    Individually Owned 6-yr Hold Free & Clear
    Property ID
    US42-0826586
    Property summary
    AI-generated overview

    This exceptional mixed-use property at 30 Water Street in Ellsworth, Maine presents a unique investment opportunity. The building, totaling 5,097 square feet on a 0.11-acre lot, offers a compelling blend of commercial and residential space. The first floor encompasses over 2,000 square feet of versatile commercial space, ideal for a variety of businesses. Large Water Street windows and a prominent entrance ensure high visibility and accessibility. A separate entrance to the back room adds to the property's functionality, complemented by a shared bathroom. Upstairs, the second floor features two fully furnished, two-bedroom apartments, ready for immediate rental income generation. These luxurious apartments contribute significantly to the property's potential return on investment. Adding to the owner's convenience, the third floor provides bonus "owner quarters" with a spacious room, kitchenette, and full bathroom. The entire building benefits from central air conditioning and heating, ensuring year-round comfort. High ceilings, large windows throughout, and multiple entrances enhance the overall appeal and functionality. Ample public parking is readily available nearby, adding to the property's convenience. This meticulously maintained property represents a rare opportunity to acquire a thriving mixed-use building in the vibrant downtown Ellsworth area. The combination of commercial space and income-producing apartments makes this an attractive investment for discerning buyers.

    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    LISABETH J OXMAN
    LISABETH J OXMAN
    Zoning & alternative use
    DT · Ellsworth, ME
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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