$950,000
COMING SOON

108 Main St Ellsworth, ME 04605

Estimated payment $5,488/month

-- Bed
2.5 Baths
7,488 Sq Ft
2,614 Sq Ft Lot

Highlights

  • No HOA
  • Tile Flooring
  • 4-minute walk to S.K. Whiting Park
  • Cooling Available
  • Radiator

About This Home

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.

Listing Agent

Katie Blackwell Miles

Better Homes & Gardens Real Estate/The Masiello Group Listed on: 01/26/2026

Better Homes & Gardens Real Estate/The Masiello Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,649

Year Built

  • Built in 1933

Lot Details

  • 2,614 Sq Ft Lot

Interior Spaces

  • Interior Basement Entry

Flooring

  • Carpet
  • Tile

Utilities

  • Cooling Available
  • Radiator
  • Heat Pump System

Listing and Financial Details

  • Tax Lot 194
  • Assessor Parcel Number ELLH-000136-000194

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Operating Expense $20,000
  • Gross Income $90,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,649

Year Built

Built in 1933

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.06
  • MLS Status: Coming Soon / No Show
  • Directions: GPS recognized. Main St is off Route 1A
  • Above Grade Finished Sq Ft: 4992.0
  • Architectural Style: Other
  • Garage Yn: No
  • Year Built: 1933
  • Contract Information:List PriceSqFt: 190.3
  • Property Information:Seasonal: No
  • Water Info:Water View2: No
  • Special Features: ComingSoon
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Interior Entry
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Below Grade Sq Ft: 2496.0
  • Flooring: Carpet, Tile

Exterior Features

  • Lot Features: Business District
  • Waterfront: No
  • Roof: Other

Garage/Parking

  • Attached Garage: No

Utilities

  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: Heat Pump, Radiator
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 2613.6
  • Parcel #: ELLH-000136-000194
  • Zoning: DT

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 90000.0
  • Annual Operating Expense: 20000.0

Tax Info

  • Tax Annual Amount: 6649.0
  • Tax Lot: 194

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $6,649 $381,040 $61,490 $319,550
2023 $5,813 $336,000 $58,695 $277,305
2022 $5,275 $336,000 $58,695 $277,305
2021 $5,770 $320,000 $55,900 $264,100
2020 $6,006 $320,000 $55,900 $264,100
2019 $6,019 $320,000 $55,900 $264,100
2018 $5,837 $320,000 $55,900 $264,100
2017 $5,704 $317,400 $55,900 $261,500
2016 $5,612 $317,400 $55,900 $261,500
2015 $5,618 $317,400 $55,900 $261,500
2014 $5,221 $317,400 $55,900 $261,500
Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $360,000 Purchase Money Mortgage
Source: Public Records

Source: Maine Listings

MLS Number: 1650303

Maine Listings

APN: ELLH-000136-000194-000000-T000275R