Positioned in the heart of Bar Harbor, this commercial property offers a rare combination of strong in-place income and significant future development potential. Situated on just under one-third of an acre, the parcel benefits from grandfathered setbacks and lot coverage, maximizing flexibility and long-term value.The property is currently configured with multiple tenants making it an attractive investment to go along with high visibility and a high traffic count. The downtown location ensures consistent demand from both commercial tenants and seasonal visitors drawn to Acadia National Park.Beyond its current income stream, the site presents a wide range of redevelopment possibilities. Ideal uses include: Restaurant or hospitality concept, Retail or boutique storefronts, Mixed-use office and residential space, Townhomes or condominiums, Bed & Breakfast or lodging accommodations or a Drive-thru business with its favorable existing layoutWith limited available land in downtown Bar Harbor, this offering represents a rare opportunity to invest, reposition, or redevelop in one of Maine's most sought after coastal markets.
Listed By
Agency Name: Better Homes & Gardens Real Estate/The Masiello Group
Agent Name: Joshua Shelton
Agency Phone: (207) 266-9125
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64 Mount Desert Street | MLS# 1659614
This commercial property located at 64 Mount Desert Street, Bar Harbor, ME 04609 is currently listed for sale by Better Homes & Gardens Real Estate/The Masiello Group, with an asking price of $1,500,000. Search Bar Harbor real estate on www.masiellogrouprealestate.com today.