In this Thursday, Aug. 30, 2018, photograph, a sold placard tops a sale sign outside homes on the market in Denver. On Thursday, Sept. 6, Freddie Mac reports on the week’s average U.S. mortgage rates. (AP Photo/David Zalubowski) Credit: David Zalubowski | AP

PORTLAND — Half of a historic Maine Island known as the “Ellis Island of the North” has been sold for $4.5 million.

Portland entrepreneur Noah Gordon bought 12 acres (5 hectares) on House Island. The sale closed last week.

A marketing manager with Re/Max by the Bay’s David Banks Team, Ana Piper, says the portion sold had been owned by two companies that rented space for weddings and other events.

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The land sold includes a four-bedroom main lodge, a small house and a cottage. The property is known for a federal immigration quarantine center that operated from 1907-1937.

Gordon says he plans to turn House Island into the “premier private island hospitality event venue in America.”

The city of Portland designated the island a local historic district in 2015.