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Ellsworth, ME 04605

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For Sale

$1,250,000

2 baths • 1 half baths • 7,488 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $166.93
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Remarks:Location is everything! Large multi-use Main St commercial building that is convenient to the Union River, library, city offices, 5-star dining, a health food store, several boutiques, speak-easies, bakeries, the post office and all Main St businesses. 108 Main Street is an investor's dream as a historic building in a Main Street America Designation downtown. Over 7000 sq ft of usable space spanning 3 levels. Full occupancy, and tenants that are willing to stay, this building produces viable income with a holistic health practice on Main Street, and has both vacation-based and private short term rentals on the second floor. It also boasts a potential subdivided ground floor office space and partially finished cellar spaces with Main street access to increase rental incomes. In addition, this office has a unique deed that grants 2 free parking spaces in the back of the building, and additional free monitored City Parking in the City Hall Parking Lot. The owners have spared no expense renovating the property, maintaining the plumbing, heating, and electrical, adding high capacity internet, and ensuring the roof has several years of life remaining. With this building, the owners can live and work on Main Street or continue renting the spaces with ''Turn-Key'' income. Call and schedule your walk through today!
MLS# 1608395

Courtesy Of Better Homes and Gardens-The Masiello Group
69A Island Street, Keene, NH 03431
(207) 667-7423

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other
  • Exterior Type
    Brick
  • Floor Covering
    Carpet
  • Heating System
    Radiator

Area Map

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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