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119 Commercial Street, Bath, ME 04530

$1,995,000
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Active
SQUARE FEET7,571 MLS#1628895
STATUSActive PROPERTY TYPECommercial - Business

Property Description

Prime Waterfront Investment Opportunity in Historic Bath, Maine. The Kennebec Tavern and Marina is a well-established, multi-revenue property ideally situated on the scenic Kennebec River. This rare offering includes 60??± boat slip marina with a fuel dock; full-service restaurant with indoor and outdoor dining and bar areas; banquet hall and event space; buildings and land with 175 feet of waterfront; and one of the largest parking lots in the city. Strategically located on Commercial Street, which runs parallel to both the Kennebec River and Front Streetâ???the heart of Bath's downtown business districtâ???this property is just a short walk from shops, restaurants, galleries, parks, and municipal offices. Its prime location offers both real estate ownership and diverse income streams. Expansion & Upside Potential: A 30-slip marina expansion has already been approved by the U.S. Army Corps of Engineers and additional upside exists through the renewal of the mooring field. Why Bath?Known as The City of Ships, Bath boasts a rich maritime heritage and is home to Bath Iron Works, Maine's largest manufacturing employer and a cornerstone of U.S. naval shipbuilding for over 140 years. The city's deepwater port, just 10 miles from the Gulf of Maine, provides direct access to both coastal and inland waterways. As investment continues to move north along Maine's Mid Coast, Bath stands out with its growing population, vibrant community, and attractive entry fundamentals for investors.

119 Commercial Street | MLS# 1628895

This commercial property located at 119 Commercial Street, Bath, ME 04530 is currently listed for sale with an asking price of $1,995,000. Search Bath real estate on www.masiellogrouprealestate.com today.

Property Features

Property Type: Commercial - Business
Basement: Crawl Space, Partial, Unfinished
Basement: Yes
Cooling: Heat Pump
Heating: Gas Bottled, Oil, Propane, Blowers, Heat Pump, Other
Lot Size: 0.71 Acres
Roof Type: Metal
Taxes: $20,940
Year Built: 1950

Feature Descriptions

Accessibilitiy: 32 - 36 Inch Doors, Level Entry, Accessible Approach with Ramp
Electric: Circuit Breakers
Exterior: Wood Frame, Other Exterior
Foundation: Slab, Other, Pillar/Post/Pier, Poured Concrete
Lot: Other Location, Waterfront, Water View, Near Turnpike/Interstate, Downtown, Deep Water Access, Business District, Historic District, Near Shopping
Parking: On Site, Paved
Sewer: Public Sewer
Water: Public

Listed By / Shown By

Listed By

Agency Name: Landvest, Inc.
Agent Name: Jane Chase
Agency Phone: 207-414-5299

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