119 Commercial ST, Bath, ME 04530
119 Commercial ST, Bath, ME 04530
119 Commercial ST, Bath, ME 04530
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Listed by Jane Chase Landvest, Inc.
$1,995,000
Est. payment /mo
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7,571 SqFt
Active

119 Commercial ST Bath, ME 04530

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Key Details

Property Type Commercial

Sub Type General Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 7,571 sqft

Price per Sqft $263

MLS Listing ID 1628895

Style Post & Beam

HOA Y/N No

Year Built 1950

Tax Year 2024

Lot Size 0.710 Acres

Acres 0.71

Property Sub-Type General Commercial

Source Maine Listings

Land Area 7571

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 Street—the heart of Bath's downtown business district—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.

Location

State ME

County Sagadahoc

Zoning Commercial

Rooms

Other Rooms Outbuilding

Basement Crawl Space, Partial, Unfinished

Interior

Heating Gas Bottled, Oil, Propane, Blowers, Heat Pump, Other

Cooling Heat Pump

Exterior

Parking Features On Site, Paved

Roof Type Metal

Accessibility 32 - 36 Inch Doors, Level Entry, Accessible Approach with Ramp

Building

Lot Description Other Location, Waterfront, Water View, Near Turnpike/Interstate, Downtown, Deep Water Access, Business District, Historic District, Near Shopping

Foundation Slab, Other, Pillar/Post/Pier, Poured Concrete

Water Public

Others

Tax ID BTTH-000026-000000-000271


Maine MLS (MREIS) IDX

Nearby Locations

Elevate Maine Realty

Please Contact Me For More Information.

+1(207) 331-4565

info@elevatemaine.com

211 US-1, Falmouth, ME 04105-1301, USA

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119 Commercial ST