More Photos

Email this ad to a friend

• View loan calculator
• Alert admin to a policy violation
• Print this advertisement

Login to add to portfolio

Zoned Commercial & Residential. GREAT INVESTMENT OPPORTUNITY: Potential for 3 500-sqft Condos!!!

1870s Greek Revival-style building currently configured for two townhouse-style apartments, completely framed up and ready to be finished to your specifications. Located in historic downtown Ellsworth and zoned for both residential and commercial, it has five off-street parking spaces and could also be configured into three 500 sq.ft. apartments. Excellent bones for those with a vision.
Situated at 12 Hancock St. on a scarce and valuable downtown 0.17 acre lot, 300 ft. from Main St. with 49ft of Hancock St. frontage, the building was recently gutted and renovated to current code. All prep work has been completed. The building and foundation are solid: new and restored foundation, six steel I-beams support the building, buried drainage pipes surround the building taking ground water to sewer, reinforced flooring, new second-storey carrying beams, all new windows and doors. All repairs and new construction can be easily examined. The property is in the city of Ellsworth, an expanding area of Maine, 20 miles from Acadia National Park and Bar Harbor. Ellsworth has a vibrant year-round downtown with a small-town feel, as well as a mall area with a mix of local, regional, and big box stores. Within one mile of the property are more than 380 acres of protected, publically accessible fields, woods and hiking trails, and a public boat launch onto the tidal Union River, three miles from Union River Bay which accesses the Atlantic Ocean. See this blog for more details: http://12hancockellsworthmaine.blogspot.com

• Age: 125
• Size of property: 0.17
• Architectural type: Greek Revival
• Property type: Income/Investment Property
• View: City/Downtown View
• Yearly taxes or condo fees: 800.00
• Parking facilities: Offstreet
• Laundry facilities: None
• Cooking type: Other
• Amenities: Balcony, Patio or Deck, Storage

• Country: USA
• County: Hancock
• Type of seller: Owner
• Nearby cities or towns: Miles from Ellsworth: Portland (155), Bangor (25), Bar Harbor and Acadia National Park (20), Blue Hill (14), Quebec City (260), Montreal (317).,
• When is it available?: currently
• School district: Ellsworth Public School District