99 Commercial ST Bath, ME 04530
11,683 SqFt
UPDATED:
Key Details
Property Type Commercial Sale
Sub Type Mixed Use
Listing Status Active
Square Footage 11,683 sqft
MLS Listing ID 1604308
HOA Y/N No
Originating Board Maine Listings
Year Built 1973
Annual Tax Amount $25,153
Tax Year 2023
Lot Size 0.590 Acres
Acres 0.59
Property Sub-Type Mixed Use
Property Description
Perfectly positioned in a high-traffic, vibrant pedestrian zone abutting the Bath Riverwalk and Linwood Temple Waterfront Park. This multi-use building offers a harmonious blend of modern luxury and commercial functionality, featuring:
- **Four Condo-Style Apartments with Stunning Views** Each unit boasts spacious layouts with large windows over the Kennebec River, and private entries. Ideal for long or short-term rentals.
- **Versatile Commercial Spaces** The first and second floors house a mix of retail, restaurant, and office units, catering to a variety of business needs. Perfect for high-end retail boutiques, trendy restaurants, and professional offices, the spaces are designed for maximum visibility and convenience.
- **Waterfront Location:** Set on the picturesque Kennebec River shore, this 1976 property is built closer to the water than modern zoning allows. Additionally, a future owner may be able to install a wharf and marina in front of this property, adding tremendous value.
Whether you're an investor or owner-occupant, this building combines high-demand residential space in a thriving commercial district in this fabulous waterfront location. Don't miss the chance to own this prime property!
Neighboring building at 97 Commercial recently appraised for $205/SF with CAP rate of 6%, proving the strong value of this investment. Current owner has left room for growth in the residential rent roll and is open to a small portion of seller financing for a well qualified buyer with a strong offer.
Open Houses Friday, September 27 1PM-3PM, and Saturday, September 28 2PM-4PM
Location
State ME
County Sagadahoc
Zoning C1
Rooms
Basement None
Interior
Heating Multi-Zones, Heat Pump, Baseboard
Cooling Heat Pump
Flooring Vinyl, Tile, Laminate, Carpet
Equipment Internet Access Available
Exterior
Parking Features 21+ Spaces, On Site, Paved, Off Street
Utilities Available 1
Waterfront Description River
View Y/N No
Roof Type Pitched,Shingle,Tar/Gravel
Building
Lot Description Water View, Water Frontage, Downtown, Business District, Historic District, Near Shopping
Story 4
Sewer Public Sewer
Water Public
Structure Type Wood Frame
Others
Restrictions Yes
Energy Description Electric
Virtual Tour https://my.matterport.com/show/?m=6DeGpUEtrZz
