224 Main Street

Bar Harbor, ME 04609

$2,000,000
Price
10
Beds
3
Baths
1
1/2 Bath
3,565 Sq. Ft.
$561 / Sq. Ft.
3,565
Sq. Ft.
$561
per Sq. Ft.
1
2
3
5
6
8
9
10
11
12
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17
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34
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36
29
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42
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56
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4
66
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77

Description

Downtown commercial real estate on a corner lot could be split up to make two lots, one with the duplex (a 5-bed/2 bath upstairs unit with views of the Village Green, and a 2-bed/1.5 bath flat on the first floor), and the other half is the former site of a popular deli, now a detached garage with one empty bay, and some remaining infrastructure from the commercial kitchen with washable walls, tile floors, updated electrical, and a water/sewer connection with grease interceptor. Zoning permits ALL...Downtown commercial real estate on a corner lot could be split up to make two lots, one with the duplex (a 5-bed/2 bath upstairs unit with views of the Village Green, and a 2-bed/1.5 bath flat on the first floor), and the other half is the former site of a popular deli, now a detached garage with one empty bay, and some remaining infrastructure from the commercial kitchen with washable walls, tile floors, updated electrical, and a water/sewer connection with grease interceptor. Zoning permits ALL bed-and-breakfasts and retail uses, restaurants and bars, galleries, artist studios, office buildings, a bonus dwelling unit, shared accommodations without parking requirements, and more. Investments could include adding more dwelling units to the existing duplex, and pursuing new construction or renovating the other half of the property for commercial purposes (it has the garage/kitchen plus appx. 450' sq ft of recreation space / vacant land abutting Main St). Or consider dividing and keep one half, sell the other half. This site offers guaranteed foot traffic with sixty feet frontage on Main, and sixty-five feet frontage on Atlantic. The area is surrounded by street parking and stable long term enterprises. The property has three private parking spaces behind the duplex and the available spot in the empty garage bay. One possibility is to expand up, adding more dwelling units above the garage.
  1. Listed by Peter Collier • Lynam Real Estate Agency

Property Details for 224 Main Street

Waterfront
No
ArchitecturalStyle
Duplex, Multi-Level
Garage Spaces
1.00
Garage
Yes
Zoning
Downtown Village II
LISTING UPDATED: 10/12/2024 10:06 AM

Property Details for 224 Main Street

StatusActive
MLS #1587909
Days on Market196
Taxes$6,933 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family
Year Built1900
Lot Size0.09 AC / 3,920 SF
CountyHancock County

Building Information for 224 Main Street

Stories-Residences2Year Built1900Building Size-Lot Size0.09 AC / 3,920 SF

Property Information for 224 Main Street

Summary
Location and General Information
  • Road Surface Type: Paved
  • Zip Code: 1739
  • Directions: At corner of Main St x Atlantic Ave, turn up Atlantic and take immediate right, park in rear of building in one of three assigned spaces immediately on your right
  • Town: Bar Harbor
  • State/Province: ME
  • Zip Code: 04609
  • County: Hancock
  • Geo Latitude: 44.386407
  • Geo Longitude: -68.203802
  • Road Frontage Type: Private
  • Tax Lot: 487
  • Site:Corner Lot: Yes
  • Site:Level: Yes
  • Site:Right of Way: Yes
  • Site:Sidewalks: Yes
  • Location:Business District: Yes
  • Location:Historic District: Yes
  • Location:Intown: Yes
  • Location:Near Golf Course: Yes
  • Location:Near Public Beach: Yes
  • Location:Near Shopping: Yes
  • Location:Near Town: Yes
  • Location:Neighborhood: Yes
  • Location:Retail Strip: Yes
  • Transportation:Major Road Access: Yes
  • Recreational Water:Nearby: Yes
Parking
  • Parking Features: 1 - 4 Spaces, Paved
  • Attached Garage: No
Taxes and HOA Information
  • Tax Book Number: 6690
  • Tax Map Number: 104
  • Tax Year: 2023
  • Parcel Number: BARH-000104-000000-000487
  • Location Information:Association Y/N: No
  • Tax Annual Amount: $6,933.00
  • Restrictions:No Restrictions: Yes
Virtual Tour
Property
Green Features
  • Energy Efficiency:Ceiling Fans: Yes
  • Energy Efficiency:Double Pane Windows: Yes
  • Energy Efficiency:Recirculating Hot Water: Yes
Heating and Cooling
  • Water Heater:Off Heating System: Yes
Lot Information
  • SqFt Finished Below Grade: 0.0
  • SqFt Finished Above Grade: 3565.0
  • Lot Size Acres: 0.09
  • Source of Acreage: Public Records
  • Building Area Total: 3565.0
  • Lot Size Area: 0.09
  • Lot Size Units: Acres
  • Lot Size Square Feet: 3920.4
  • Bathrooms Full: 3
  • Bathrooms Half: 1
  • Street Number: 224
  • Property Information:Surveyed: Unknown
  • Property Information:Seasonal: No
  • Property Information:Total Half Baths: 1.00
  • Property Information:Source of Road Frontage: Public Records
Parking
  • Driveway:Paved: Yes
Property and Assessments
  • Sign on Property: Yes
  • Documents Available: Deed Public Access, Other Public Access 1, Lead Paint Addendum Public Access, Plot Plan Public Access, Property Disclosure Public Access, Other Public Access 2
  • Leased Land: No
  • Property Type: Multi-Family
  • Property Type Label: Multi-Family
  • Year Built: 1900
Utilities
  • Electric: True
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities:Utilities On: Yes
  • Gas:Bottled: Yes
Interior and Exterior Features
Exterior Features
  • Construction Materials: Shingle Siding, Fiber Cement, Wood Frame
  • Vehicle Storage:1 Car: Yes
  • Roof: Shingle
  • Other Structures: Outbuilding
Interior Features
  • Basement: Full, Exterior Only, Unfinished
  • Flooring: Wood, Vinyl, Tile, Carpet
  • Interior Features: Bathtub, Shower
  • Cooling: Heat Pump
  • Heating: Radiator, Radiant, Multi-Zones, Hot Water, Heat Pump, Baseboard
  • Foundation Details: Concrete Perimeter
  • Laundry Features: Laundry - 1st Floor, Upper Level, Main Level
  • Bathrooms Total (Integer): 4
  • Bathrooms Total (Decimal): 3.50
  • Bathrooms Total (Notational): 3.10
  • Cooling YN: Yes
  • Heating YN: Yes
Multi Family
Income & Expenses Information
  • Gross Income: $80,000.00
  • Operating Expenses: $20,000.00
Multi-Family Information
  • Number of Units: 2
Unit 1
  • Unit 1:Lease: No
  • Unit 1:Level: First
  • Unit 1:Security Deposit: No
  • Unit 1:Monthly Rent: $2,500.00
  • Unit 1:# Full Baths: 1.00
  • Unit 1:# of Half Baths: 1.00
  • Unit 1:# of Rooms: 4.00
  • Unit 1:# of Bedrooms: 2.00
  • Unit 1:Dedicated Electric Meter: No
  • Unit 1:Dedicated Gas Meter: No
  • Unit 1:Dedicated Water Heater: No
  • Unit 1:Electric: Yes
  • Unit 1:Heat: Yes
  • Unit 1:Range: Yes
  • Unit 1:Refrigerator: Yes
  • Unit 1:Sewer: Yes
  • Unit 1:Water: Yes
Unit 2
  • Unit 2:Lease: No
  • Unit 2:Level: Second
  • Unit 2:Security Deposit: No
  • Unit 2:Monthly Rent: $4,200.00
  • Unit 2:# Full Baths: 2.00
  • Unit 2:# Half Baths: .00
  • Unit 2:# of Rooms: 6.00
  • Unit 2:# of Bedrooms: 8.00
  • Unit 2:Dedicated Electric Meter: No
  • Unit 2:Dedicated Gas Meter: No
  • Unit 2:Dedicated Water Heater: No
  • Unit 2:Electric: Yes
  • Unit 2:Heat: Yes
  • Unit 2:Range: Yes
  • Unit 2:Refrigerator: Yes
  • Unit 2:Sewer: Yes
  • Unit 2:Water: Yes
Unit Information
  • Units:# of 1 BD Units: 0
  • Units:# of 2 BD Units: 1
  • Units:# of 3 BD Units: 0
  • Units:# of 4+ BD Units: 1

Property History for 224 Main Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 224 Main Street

Taxable ValueLand$407,700Additions$391,000Total$798,700
Tax Record2023$6,933 ($578 / month)
Home Facts
Baths3Total Finished SqFt3,565 SqFtAbove Grade Finished SqFt3,565 SqFtStories2Lot Size3,920 SqFtStyleRestaurantYear Built1900CountyHANCOCKAPNBARH M:104 L:487

Schools near 224 Main Street

This home is within Bar Harbor Public Schools.
Rating
School
Type
Grades
Distance
Conners-Emerson School
Public - K to 8
Mt Desert Island High School
Public - 9 to 12
Acadia School
Private - PK to 5
Rating
School
Distance
Conners-Emerson School
PublicK to 8

Mt Desert Island High School
Public9 to 12

Acadia School
PrivatePK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 224 Main Street, Bar Harbor, ME 04609

224 Main Street is a multi-family home for sale in Bar Harbor, ME 04609. This property was listed for sale on April 29, 2024 by Lynam Real Estate Agency, it's currently listed at $2,000,000. This listing's school districts are Bar Harbor Public Schools, Mt Desert Community School District. Nearby schools include Conners-Emerson School, Mt Desert Island High School and Acadia School. 224 Main Street is a 10-bed, 3.5-bath, 3,565 sqft multi-family home built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Lynam Real Estate Agency

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2022 Maine Real Estate Information System, Inc. All Rights Reserved.