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Located at 99 Commercial Street , Bath, Maine 04530, this Commercial is for Sale with a price of $1,899,000 USD. The property was built in 1973,. This listing has 11,683 Sq.Ft. of interior space on a lot of .59 Acres. See all Homes for Sale in Bath.

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1. 99 Commercial Street
1. 99 Commercial Street
1 of 45
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MaineBath99 Commercial Street

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Description

99 Commercial Street ,

Bath, ME 04530

Listing Courtesy of Kristen Hintze, RE/MAX Riverside


Spectacular waterfront mixed-use multi-family and commercial building with condo-style apartments in downtown Bath. This building is right on the water but has never been impacted by flooding. Additionally, the building has more than 40 parking spaces in the highly coveted downtown. 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.

Data provided by : MREIS MLS

Email/Phone : 207-406-0063

Amenities

  • Carpeted Floors
  • Tile Flooring
  • Vinyl Flooring
  • Waterfront
  • Laminate Flooring
  • Heat Pump
  • Propane Heating
  • Shingle
  • Wood Frame

PROPERTY

  • Association
    No
  • Electric
    On Site
    Circuit Breakers
  • Heating
    Zoned
    Heat Pump
  • Land Lease
    No
  • New Construction
    No
  • Parking Features
    21+ Spaces
    On Site
    Paved
    Off Street
  • Property Sub Type
    Mixed Use
  • Sewer
    Public Sewer
  • Water
    Public

EXTERIOR

  • Construction Materials
    Wood Frame
  • Garage
    No
  • Garage - Attached
    No
  • Lot Features
    Waterfront
    Water View
    Downtown
    Business District
    Historic District
    Near Shopping
  • Roof
    Pitched
    Shingle
    Tar/Gravel

INTERIOR

  • Building Area Total
    11683
  • Cooling
    Yes
  • Cooling Type
    Heat Pump
  • Fireplace
    No
  • Flooring
    Vinyl
    Tile
    Laminate
    Carpet
  • Heating
    Zoned
    Heat Pump
  • Spa
    No
$1,899,000
price
$25,371
Annual taxes
Commercial
Property type
Available
market status
Regional School Unit 01
School District
1638230
MLS ID
1973
Year Built
196
Days Posted
11,683 Sq Ft.
interior
0.59 Acres
Exterior
Price Reduced

99 commercial street
Bath, ME 04530

$1,899,000