176 Ellsworth Road
Property Description
This residential and commercial multi-use property has the flexibility to suit many opportunities. The 6 unit apartment building was built in 1990 and has 2-2 bedroom units and 4-1 bedroom units and is full with tenants. There is currently a long time retail tenant in the large commercial building, which was built in 2011. The several petitions that have been added could easily be removed and converted for other uses. It has a large garage door and 2 overhead cranes and a 600square foot freezer. It also has a 3 phase 200 amp service and an additional 200 amp servcie. There is plenty of parking in front and behind the building. In the past it has serviced the community as a doggie day care, boat building, convenience store, office building, and residences. A large cell tower on top of Blue Hill Mtn. is located directly behind the property. This heavily traveled road is just 12 minutes from Ellsworth- Maine's fastest growing city, 40 minutes to Acadia National Park, and 1 mile to the head of Blue Hill Bay. This amazing investment opportunity waits in one of Maine's most desirable coastal towns!
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $950,000 |
| No. of Units: | 7 |
| Year Built: | 1990 |
| Lot Size: | 10,000.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $135,714 |
| Property Website | Click Here |
| Number of Bedrooms: | 0 |
| Number of Bathrooms: | 7 |
ID: 3yd-MREISME-1655190
Investment Analyzer
Sponsored by:
Step 1Financing Calculation
Step 2Gross Rent Analysis
Please enter annual amounts.
Step 3Cap Rate Calculation
Step 4Final Deal Analysis
Similar Properties in the Area
Brokers
View All-
Remax Professionals
Re/Max Real Estate Professionals | New York
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Eamonn McConnell
Avison Young - CA - ON - Greater Toronto
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout