99 Commercial Street

Bath, ME 04530

$2,394,000
Price
Beds
11,683 Sq. Ft.
$205 / Sq. Ft.
11,683
Sq. Ft.
$205
per Sq. Ft.

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,...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. 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. 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. Open Houses Friday, September 27 1PM-3PM, and Saturday, September 28 2PM-4PM
  1. Listed by Kristen Hintze • RE/MAX Riverside • 207-406-0063
  2. Listed by David Holman • RE/MAX Riverside

Property Details for 99 Commercial Street

Waterfront
Yes
Waterfront Features
River
Zoning
C1
LISTING UPDATED: 09/29/2024 02:33 AM

Property Details for 99 Commercial Street

StatusActive
MLS #1604308
Days on Market64
Taxes$25,153 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial / Mixed Use
Year Built1973
Lot Size0.59 AC / 25,700 SF
CountySagadahoc County

Virtual Tour

Building Information for 99 Commercial Street

Stories4Residences-Year Built1973Lot Size0.59 AC / 25,700 SF

Property Information for 99 Commercial Street

Summary
Location and General Information
  • Directions: GPS friendly location in downtown Bath
  • Town: Bath
  • State/Province: ME
  • Zip Code: 04530
  • County: Sagadahoc
  • Geo Latitude: 43.915073
  • Geo Longitude: -69.813169
  • Tax Lot: 272
  • Location:Business District: Yes
  • Location:Downtown: Yes
  • Location:Historic District: Yes
  • Location:Near Shopping: Yes
  • Location:Water Frontage: Yes
  • Location:Water View: Yes
  • Water Info:Waterfront Amount +: 172.00
  • Water Info:Water Frontage Owned: 172.00
  • Source of Water Frontage:Public Records: Yes
  • Source of Water Frontage:Seller: Yes
  • Source of Water Frontage:Survey: Yes
Parking
  • Parking Features: 21+ Spaces, On Site, Paved, Off Street
Taxes and HOA Information
  • Tax Book Number: 2021R
  • Tax Map Number: 26
  • Tax Year: 2023
  • Parcel Number: BTTH-000026-000000-000272
  • Location Information:Association Y/N: No
  • Tax Annual Amount: $25,153.00
Virtual Tour
Property
Lot Information
  • Lot Size Acres: 0.59
  • Building Area Total: 11683.0
  • Lot Size Area: 0.59
  • Lot Size Units: Acres
  • Lot Size Square Feet: 25700.4
  • Street Number: 99
  • Property Information:Surveyed: Yes
  • Property Information:Short Sale Continue to Show: No
  • Property Information:Deed/Conveyance Type Offered: Quit Claim
  • Property Information:Deed: Partial
  • Property Information:Deed Restrictions: Yes
  • Property Information:Bank Owned REO: No
  • Property Information:Year Renovated +/-: 2,024.00
  • Property Information:Total # Floors: 4.00
Property and Assessments
  • Sign on Property: Yes
  • Documents Available: Property Disclosure Public Access, Lead Paint Addendum Public Access
  • Leased Land: No
  • Property Type: Commercial
  • Property Type Label: Commercial
  • Property Sub-Type: Mixed Use
  • Year Built: 1973
Utilities
  • Electric: True
  • Sewer: Public Sewer
  • Water Source: Public
  • Other Equipment: Internet Access Available
  • Utilities:Utilities On: Yes
Interior and Exterior Features
Exterior Features
  • Construction Materials: Wood Frame
  • Roof: Pitched, Shingle, Tar/Gravel
Interior Features
  • Basement: None
  • Flooring: Vinyl, Tile, Laminate, Carpet
  • Cooling: Heat Pump
  • Heating: Multi-Zones, Heat Pump, Baseboard
  • # Floors: 4
  • Bathrooms Total (Integer): 0
  • Bathrooms Total (Decimal): .00
  • Bathrooms Total (Notational): .00
  • Cooling YN: Yes
  • Heating YN: Yes

Property History for 99 Commercial 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 99 Commercial Street

Taxable ValueLand$628,925Additions$859,400Total$1,488,325
Tax Record2023$25,153 ($2,096 / month)
Home Facts
Total Finished SqFt17,253 SqFtAbove Grade Finished SqFt17,253 SqFtStories3Lot Size40,162 SqFtStyleOffice BuildingYear Built1973ZoningC1CountySAGADAHOCAPNBTTH M:26 L:272

Schools near 99 Commercial Street

This home is within Regional School Unit 01 - Lkrsu.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 8
Public - 9 to 12
Public - 6 to 8
Rating
School
Distance
Phippsburg Elementary School
PublicPK to 5

Woolwich Central School
PublicPK to 8

Morse High School
Public9 to 12

Bath Middle School
Public6 to 8

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.

Similar Homes

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99 Commercial Street is a mixed use property for sale in Bath, ME 04530. This property was listed for sale on September 19, 2024 by RE/MAX Riverside, it's currently listed at $2,394,000. This listing's school district is Regional School Unit 01 - Lkrsu. Nearby schools include Phippsburg Elementary School, Woolwich Central School and Morse High School. 99 Commercial Street is a 0-bed, 0-bath, 11,683 sqft mixed use property built in 1973.

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. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of RE/MAX Riverside

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.