225 High StEllsworth, ME 04605

Property Details for 225 High St

Year built

1967

Lot size

27.38 AC

Property size (Sq ft)

52,584 SF

Zone code

CDD

Property type

Retail properties

Property subtype

Super regional malls

APN

ELLH M:128 B:007 L:000 U:000

APU

ELLHM128B007L000U000

Description

Located at 225 High St, Ellsworth, ME 04605, Maine Coast Mall offers a unique opportunity for businesses seeking flexible retail or industrial space in Hancock County. This multi-tenant property boasts a total of 40,896 square feet, with eight individual suites available. The property is categorized as both retail and industrial, making it suitable for a diverse range of businesses. Space options are highly flexible, with a minimum divisible unit of 3,882 square feet and a maximum contiguous space of 15,000 square feet. Currently, a significant portion of the building, totaling 45,639 square feet, is vacant, presenting a rare chance to secure substantial space in a well-situated location. The property's "flex" designation highlights its adaptability to various business needs. This prime Ellsworth location offers excellent visibility and accessibility, making it an ideal choice for businesses seeking to establish or expand their presence in the vibrant Maine market. The property's diverse suite sizes cater to a wide spectrum of business requirements, from small startups to larger enterprises. Don't miss this opportunity to secure your ideal space in this versatile and strategically located commercial property.

• CAP approach

  CAP return

  Valuation

  6%

  $12,779,748

  6.5%

  $11,796,690

  7%

  $10,954,069

• Comparable approach

  Method

  Valuation

  Relative Method

  $17,313,976

  Geo Method

  $17,313,976

• Alternative Use

  Use

  Valuation

  Residential

  $9,950,950

  Hospitality

  $9,115,016

  Educational

  $7,583,586

  Medical

  $7,844,398

  Retail

  $11,796,690

Location Insight

City

Ellsworth

County

Hancock

State

Maine

Latitude

44.5313

Longitude

-68.4095

Property Tax & Assessments

FAQs

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