RSP Ellsworth Acquires Retail Property In Ellsworth, ME For $2.5M

A retail property located at 150 High Street in Ellsworth, ME has been sold in a transaction that closed on 03/30/2021. The property, with a total area of 21,197 square feet, was listed for sale by 150 High, LLC. The asking price and final sale price for the property were both $2,500,000, resulting in a price per square foot of $118. The sale included a total of 2.78 acres of land.

Summary of Transaction Details:

• Property Type: Retail
• Transaction Amount: $2,500,000
• Address: 150 High Street, Ellsworth, ME
• Market: Ellsworth, ME
• Seller: 150 High, LLC
• Buyer: RSP Ellsworth 1 LLC & RSP Ellsworth 2 LLC
• Seller's Representative: Tim Millett - Porta & Co.
• Buyer's Representative: Josh Soley - Main Realty Advisors
• Price per Square Foot: $118
• Acres: 2.78

The sale of the 150 High Street retail property in Ellsworth, ME was facilitated by Tim Millett from Porta & Co., who represented the seller, 150 High, LLC. On the buyer's side, Josh Soley from Main Realty Advisors acted as the representative for RSP Ellsworth 1 LLC and RSP Ellsworth 2 LLC.