108 Main Street, Ellsworth, ME 04605
Hancock County
Key Facts
Description
Prime Main Street Investment Opportunity Location is everything--and 108 Main Street delivers. Situated in the heart of a thriving Main Street America designated downtown, this historic mixed-use commercial building offers versatile with several income-producing spaces. A true turn-key investment, ready to perform from day one. Just steps from the Union River, City Hall, the library, acclaimed dining, boutiques, bakeries, the post office, and banks, this property sits at the center of downtown life, ideal for live/work flexibility or a high-performing income property. Property highlights include; Prominent ground-floor retail space with Main Street frontage Second-floor short-term or long-term rental opportunities Additional retail space with frontage on Store Street Partially finished dry basement with Main Street access, ideal for storing inventory, conference room space or break-rooms. Historic character paired with modern infrastructure, including updated plumbing, heating, electrical, and high-capacity internet availability. Two parking spaces on Store Street side, plus ample free parking in the adjacent City Hall lot Whether you're looking to live and work downtown or expand your investment portfolio, this meticulously maintained property represents a rare opportunity in one of the area's most desirable downtown locations.
Property Information
Property Type
Residential Income
Sub-Type
Multi Family
Style
Other
Year Built
1933
Living Area
7,488 sq ft
Lot Size
0.06 acres
Zoning
DT
Days on Market
10
MLS® Listing#
1650303
Property Features
Cooling
Heating
Flooring
Basement
Parking
Lot Features
Construction
Roof
Sewer
Water Source
Financial Details
HOA
None
Annual Taxes
$6,649
Tax year 2024
Parcel Number
ELLH-000136-000194
Directions
GPS recognized. Main St is off Route 1A
Affordability Calculator
$199,600
Estimated monthly payment
$5,312/mo
Principal $798,400 · Est. interest $1,113,839 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Ellsworth, ME
- $476,471
- Median Listing Price
- 80
- Median Days on Market
- 1,760
- Median Sq Ft
- $247
- Median Price / Sq Ft
- 61
- Active Listings
- This home’s price is 109% above the area median.
- Its price per sq ft is 46% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Ellsworth, ME.
Location
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Points of Interest in Ellsworth, ME
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Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 79 Park Street, Ellsworth, ME | $699,000 | 4 | 4 | 4,600 |
| 1095 Mariaville Road, Ellsworth, ME | $699,900 | 2 | 2 | 1,816 |
| 519 Mariaville Road, Ellsworth, ME | $725,000 | 3 | 2 | 2,994 |
| 659 Nicolin Road, Ellsworth, ME | $729,000 | 3 | 2 | 1,250 |
| 269 Phillips Way, Ellsworth, ME | $839,000 | 2 | 2 | 1,400 |
| 14 Westwood Drive, Ellsworth, ME | $849,000 | 4 | 5 | 3,700 |
