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Radka Meader

radka@meadergrouprealty.com +1(603) 502-3544

Listed by Carol Schaefer The Davis Agency

$ 895,000

Est. payment -/mo

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15 & 13 High ST Ellsworth, ME 04605

5,566 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 5,566 sqft

Price per Sqft $160

MLS Listing ID 1683010

HOA Y/N No

Year Built 1982

Tax Year 2027

Lot Size 0.370 Acres

Acres 0.37

Property Sub-Type Mixed Use

Source Maine Listings

Land Area 5566

Property Description

Spectacular Commercial & Multi-Unit Investment Opportunity in the Heart of Ellsworth Investors and owner-occupants take note! This exceptional Ellsworth property offers a rare combination of established rental income, commercial space, and future development potential—all in one convenient location. The offering includes two buildings plus an adjacent 0.16-acre buildable lot, creating an unusually versatile investment opportunity. The 1850 renovated Victorian at 13 High Street features two well-maintained 2-bedroom, 1-bath apartments, blending historic character with modern updates. The 1982 building at 15 High Street adds even more versatility with two 2-bedroom, 1-bath apartments, one 1-bedroom, 1-bath apartment, and a large commercial space currently occupied by a hair salon. With both residential and commercial income, this property offers a diverse and flexible investment profile. Numerous improvements over the past five years include new heat pumps, a new roof, added insulation, remodeled kitchens, paved parking, upgraded electrical and plumbing, new appliances, fencing, lighting, and more. Much of the heavy lifting has already been done, allowing a new owner to focus on maximizing the property's income potential. The real bonus is the adjacent 0.16-acre lot, which includes a paved driveway and zero-lot-line restriction, creating the possibility of adding another rental property, subject to municipal approvals and permitting. Generate income today and position yourself for tomorrow. With multiple residential units, commercial space, extensive recent improvements, and additional land for potential development, this is a truly versatile Ellsworth investment with plenty of room to grow.

Location

State ME

County Hancock

Zoning Commercial

Direction Properties are located at 13 & 15 High Street in Ellsworth, near the intersection of High and Main. Listing also includes an adjacent 0.16 acre lot on Spruce St.

Rooms

Basement Walk-Out Access, Finished, Full

Interior

Heating Electric, Heat Pump

Cooling Heat Pump

Flooring Carpet, Laminate, Wood

Equipment Cable, Internet Access Available

Exterior

Parking Features 11 - 20 Spaces, On Site, Paved

Waterfront Description Nearby

Roof Type Shingle

Building

Lot Description Business District, Downtown, Near Shopping

Story 3

Entry Level Multi-Level

Foundation Poured Concrete

Water Public

Others

Tax ID 15highstreetellsworth 04605

Acceptable Financing 1031 Exchange

Listing Terms 1031 Exchange

Special Listing Condition Standard

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NEARBY SCHOOLS & PROPERTIES

Radka Meader

Broker Associate License ID: BA921160

+1(603) 502-3544

Radka Meader

15 & 13 High ST Ellsworth, ME 04605

Key Details

Location

Rooms

Interior

Exterior

Building

Others

NEARBY SCHOOLS & PROPERTIES

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15 & 13 High ST