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Mixed Use Opportunity Blue Hill, Maine 176 Ellsworth Rd 10,000 SF 100% Leased Flex Building Blue Hill, ME 04614 $1,315,978 CAD ($131.60 CAD/SF) 11% Cap Rate



Executive Summary
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 200amp 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! MLS 1655190
Financial Summary (Actual - 2025) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $1,315,978 CAD | Property Type | Flex |
| Price Per SF | $131.60 CAD | Rentable Building Area | 10,000 SF |
| Sale Type | Investment | No. Stories | 2 |
| Cap Rate | 11% | Year Built | 1990 |
| Price | $1,315,978 CAD |
| Price Per SF | $131.60 CAD |
| Sale Type | Investment |
| Cap Rate | 11% |
| Property Type | Flex |
| Rentable Building Area | 10,000 SF |
| No. Stories | 2 |
| Year Built | 1990 |
1 1
Somewhat walkable
20/100
Exceptionally drivable
100/100
Not bikeable
10/100
Property Taxes
| Parcel Number | BLUE-000028-000000-000036 | Improvements Assessment | $486,358 CAD (2024) |
| Land Assessment | $179,112 CAD (2024) | Total Assessment | $665,469 CAD (2024) |
Property Taxes
Parcel Number
BLUE-000028-000000-000036
Land Assessment
$179,112 CAD (2024)
Improvements Assessment
$486,358 CAD (2024)
Total Assessment
$665,469 CAD (2024)
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Mixed Use Opportunity Blue Hill, Maine | 176 Ellsworth Rd
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