Bath, ME 04530,119 Commercial ST
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Bath, ME 04530,119 Commercial ST
Bath, ME 04530,119 Commercial ST
Bath, ME 04530,119 Commercial ST
Bath, ME 04530,119 Commercial ST
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Listed by Landvest, Inc.
$ 2,795,000
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Active

119 Commercial ST Bath, ME 04530

7,571 SqFt


UPDATED:

Key Details

Property Type Commercial Sale

Sub Type General Commercial

Listing Status Active

Square Footage 7,571 sqft

MLS Listing ID 1628895

HOA Y/N No

Year Built 1950

Annual Tax Amount $20,940

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

Basement Crawl Space, Partial, Unfinished

Interior

Heating Other, Heat Pump, Blowers

Cooling Heat Pump

Exterior

Parking Features On Site, Paved

Utilities Available 1

View Y/N No

Roof Type Metal

Accessibility 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

Building Description Other Exterior,Wood Frame, Security System,Generator

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

Sewer Public Sewer

Water Public

Structure Type Other Exterior,Wood Frame

Others

Ownership Quitclaim without Covenant

Energy Description Propane, Oil, Gas Bottled


Maine MLS (MREIS) IDX
agent

Ziglar Realty

+1(844) 944-5271

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119 Commercial ST