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Paige Klein

paigeklein@portsidereg.com +1(207) 370-1529

Listed by Kristen Hintze RE/MAX Shoreline

$ 1,699,000

Est. payment -/mo

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Active

99 Commercial ST Bath, ME 04530

11,683 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 11,683 sqft

Price per Sqft $145

MLS Listing ID 1638230

HOA Y/N No

Year Built 1973

Tax Year 2024

Lot Size 0.590 Acres

Acres 0.59

Property Sub-Type Mixed Use

Source Maine Listings

Land Area 11683

Property Description

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.

Location

State ME

County Sagadahoc

Zoning C1

Direction GPS friendly location

Rooms

Basement None

Interior

Heating Electric, Heat Pump, Zoned

Cooling Heat Pump

Flooring Carpet, Laminate, Tile, Vinyl

Equipment Internet Access Available

Exterior

Parking Features 21+ Spaces, On Site, Paved, Off Street

Waterfront Description Waterfront Tidal

Roof Type Pitched,Shingle,Tar/Gravel

Building

Lot Description Business District, Historic District, Downtown, Near Shopping, Water View, Waterfront

Story 4

Entry Level Multi-Level

Water Public

Others

Tax ID BTTH-000026-000000-000272

Special Listing Condition Real Estate Owned

Paige Klein

Broker | License ID: BR928579

+1(207) 370-1529 | paigeklein@portsidereg.com

Paige Klein

99 Commercial ST Bath, ME 04530

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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99 Commercial ST