# 30 Water Street, Ellsworth, ME 04605

> **TL;DR:** 0bd/2ba residential multi family, $699,000 ($137/sqft), built 1850, 5,097 sqft. Est. $3,739/mo.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $699,000 |
| Price/sqft | $137 |
| Bathrooms | 2 full |
| Square Feet | 5,097 |
| Year Built | 1850 |
| Lot Size | 4,792 sqft (0.11 acres) |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 0 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $3,535 |
| Estimated Insurance | $204 |
| **Total** | **$3,739** |

## Property Highlights

- Built in 1850
- 0.11 acre lot

## Description

### Agent Description
Prime In-Town Mixed-Use Brick Building This versatile brick building offers a significant investment opportunity in the heart of town. Combining high-visibility commercial space with immediate residential potential, the property features substantial recent infrastructure upgrades and is being offered at a dramatic price reduction to account for the necessary sprinkler system installation. Property Highlights Commercial (1st Floor): 2,472 sq. ft. of flexible space, perfectly suited for retail or professional endeavors. Residential (2nd Floor): Two newly constructed 2-bedroom, 1-bath apartments featuring high ceilings and expansive, classic windows. Office (3rd Floor): Dedicated, owner-occupied office space with a private bathroom. Modern Systems: 10 heat pumps installed in 2024 service the entire building. Parking: Includes dedicated off-street parking, a premium in-town asset. Strategic Upside & Expansion Current town regulations permit one rental unit on the second floor, with the other requiring owner occupancy. The property is priced to reflect the buyer's requirement to install a sprinkler system. Beyond allowing both second-floor units to become fully rentable, the installation of a sprinkler system unlocks further potential for additional apartment units within the building, offering significant long-term growth and income optimization.

## Location

- **Address:** 30 Water Street, Ellsworth, ME 04605
- **County:** Hancock
- **Coordinates:** 44.540816, -68.424326
- **Google Maps:** https://www.google.com/maps?q=44.540816,-68.424326

## Virtual Tour & Media

- **Video Tour:** https://www.propertypanorama.com/instaview/mreis/1669421

## Listing Agent

- **Name:** Veena Gaines
- **Brokerage:** Acadia Cornerstone Real Estate, LLC
- **Phone:** 2072660832

## Primary Photo

![30 Water Street - Primary Photo](http://lh.rdcpix.com/138a61bc9c3a782dcb45eabef2c339cel-f109485244r.jpg)

*53 total photos available on [listing page](https://www.propertysimple.ai/listing/30-water-street-ellsworth-me-04605-1669421)*

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**MLS#:** 1669421 | **Updated:** 2026-08-01
**Source:** listhub

*Copyright © 2026 Maine Listings. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.ai/listing/30-water-street-ellsworth-me-04605-1669421)

---

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