Property profile

38 Foster St Ellsworth, ME 04605

OFF-MARKET
Office buildings
Property ID
US42-0865312
736 SF 0.26 ac lot Built 1948
Individually Owned ~ Est. High Equity
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Property summary

AI-generated overview

Commercial building located at 38 Foster Street in Ellsworth, Maine, consisting of approximately 1,416 square feet of interior space on a 0.26-acre lot. The property is centrally located and configured to support a range of commercial uses, including office, retail, service-based businesses, or mixed commercial use. The building has a history of major upgrades, including a replaced roof, a new furnace, fresh interior paint, and upgraded electrical and plumbing systems. Zoning is designated as C R, and the site provides convenient access with frontage on the local street network and proximity to Route 1 for customer visibility.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1948
Total area 736 SF
Lot 0.26 ac (11,326 SF)
Zoning code DT
APN ELLH M:130 B:038 L:000 U:000
UPID US42-0865312

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Law Firm
  • Plumbing Service General Contractor
  • Insurance Agency

Location

38 Foster St Ellsworth, ME 04605-2102
Ellsworth metro Census 965503
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$255k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$255k

Owner & transaction history

since 2026
1 recorded transaction
2026
$236,999

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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