30 Water Street, Ellsworth, ME 04605
Local realty services provided by:Better Homes and Gardens Real Estate The Masiello Group
Office: acadia cornerstone real estate, llc.
MLS#:1669421
Source:ME_MREIS
Price summary
- Price:$699,000
- Price per sq. ft.:$137.14
About this home
Prime In-Town Mixed-Use Brick Building This versatile brick building offers a significant investment opportunity in the heart of town. Combining high-visibility commercial space with immediate residential potential, the property features substantial recent infrastructure upgrades and is being offered at a dramatic price reduction to account for the necessary sprinkler system installation. Property Highlights Commercial (1st Floor): 2,472 sq. ft. of flexible space, perfectly suited for retail or professional endeavors. Residential (2nd Floor): Two newly constructed 2-bedroom, 1-bath apartments featuring high ceilings and expansive, classic windows. Office (3rd Floor): Dedicated, owner-occupied office space with a private bathroom. Modern Systems: 10 heat pumps installed in 2024 service the entire building. Parking: Includes dedicated off-street parking, a premium in-town asset. Strategic Upside & Expansion Current town regulations permit one rental unit on the second floor, with the other requiring owner occupancy. The property is priced to reflect the buyer's requirement to install a sprinkler system. Beyond allowing both second-floor units to become fully rentable, the installation of a sprinkler system unlocks further potential for additional apartment units within the building, offering significant long-term growth and income optimization....
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Home facts
- Year built:1850
- Listing ID #:1669421
- Updated:August 13, 2026 at 08:41 AM
Rooms and interior
- Total bathrooms:2
- Full bathrooms:2
- Flooring:Laminate, Tile, Vinyl, Wood
- Basement Description:Full, Interior Entry, Unfinished
- Living area:5,097 sq. ft.
Heating and cooling
- Heating:Baseboard, Electric, Heat Pump, Heating, Hot Water, Oil, Zoned
Structure and exterior
- Roof:Shingle
- Year built:1850
- Building area:5,097 sq. ft.
- Lot area:0.11 Acres
- Lot Features:Business District, Level, Near Shopping, Sidewalks
- Architectural Style:Colonial
- Construction Materials:Brick, Masonry, Wood Frame
- Foundation Description:Brick/Mortar, Granite, Poured Concrete, Stone
- Levels:Multi Level
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$699,000
- Price per sq. ft.:$137.14
- Tax amount:$7,743 (2024)
Parking
- Parking description:21+ Spaces, Off street, Paved
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