ELLSWORTH — The Beals buildings on Main Street are both under contract for purchase by different prospective buyers, according to Ellsworth Realtor Teri Sargent. Formerly home to Beals Jewelry and Beals Gifts, the iconic buildings have anchored the east side of Main Street since 1933.
The jewelry store closed in August of 2020 after 94 years of business.
Soon, “wonderful retail businesses will be occupying them,” Sargent said in an email to The American on Jan. 27.
One of those businesses will be Poppy & Polka Dot, if all goes well with the purchase process, said owner Amanda Beals, who is not related to the Beals family that is selling the property.
Poppy & Polka Dot, a clothing shop, opened a few doors down early last year, after two years operating as an online retail business from Beals’ basement. Beals said business has been strong enough that she wants to expand her physical space and her offerings.
“We saw it as an opportunity,” she said. “Our business is really exploding [and] we’ve outgrown our sweet little boutique. It’s not a done deal by any means [but] we’re hoping it will work.”
”Under contract” signals the buyer and seller have agreed upon the price, closing costs and any contingencies, such as the buyer having pre-approved financing or the appraisal matching or exceeding the purchase price. Once contingencies have been met, the property has been appraised and inspected and the loan approved, the sale can close.
If the purchase does go through, Beals said the boutique could reopen in the former jewelry store in mid-spring, after renovation work. Beals is also owner of the 61 Main St. building that currently houses the boutique, and of 64 Main St.
The prospective buyer of the other building has not been disclosed. Sargent said more information will be released once the sales have gone through.