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Listed by Ashley Fearon A Team Realty
$ 499,000
Est. payment | /mo
3,696 SqFt
$ 499,000
Est. payment | /mo
3,696 SqFt
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 3,696 sqft
Price per Sqft $135
MLS Listing ID 1664493
HOA Y/N No
Year Built 1935
Tax Year 2025
Lot Size 6,098 Sqft
Acres 0.14
Property Sub-Type Mixed Use
Source Maine Listings
Land Area 3696
Property Description
Rarely does an opportunity arise to own a piece of Bath's vibrant, historic core with this level of versatility and exposure. Situated in the heart of Bath's thriving Central Business District, 5 School Street offers a prime location with high visibility and heavy foot traffic year-round. This property stands as an exceptional find for savvy investors, builders, or entrepreneurs looking to trade a little sweat equity for a premier piece of coastal real estate.
Strong Bones & Tremendous Upside
While the property requires some TLC and has areas of deferred maintenance, it boasts incredibly solid bones and a timeless structure. For the right buyer, this represents the perfect canvas to refresh, remodel, and customize a landmark downtown space to perfectly match your vision while building instant equity.
The building features a classic, highly functional layout that maximizes both commercial returns and residential comfort:
Downstairs Commercial Space: Traditionally operated as a successful restaurant, the ground floor offers a welcoming storefront footprint with high-impact visual displays. It features excellent street presence and a layout adaptable to continued food and beverage operations, boutique retail, or professional office space.
Residential Quarters Upstairs: The upper level hosts a private residential space with great natural light and classic architectural character. This setup presents an incredible live-work opportunity for an owner-operator, or it can be renovated into a high-demand rental unit to provide a strong secondary income stream.
The Location Advantage
Located just steps from the Kennebec River, iconic local storefronts, and the bustling waterfront district, this property benefits from Bath's distinct mix of tight-knit community loyalty and robust seasonal tourism.
Bring your vision, tools, and design ideas to 'The City of Ships' and unlock the massive potential of this rock-solid building in a premier coastal location.
Strong Bones & Tremendous Upside
While the property requires some TLC and has areas of deferred maintenance, it boasts incredibly solid bones and a timeless structure. For the right buyer, this represents the perfect canvas to refresh, remodel, and customize a landmark downtown space to perfectly match your vision while building instant equity.
The building features a classic, highly functional layout that maximizes both commercial returns and residential comfort:
Downstairs Commercial Space: Traditionally operated as a successful restaurant, the ground floor offers a welcoming storefront footprint with high-impact visual displays. It features excellent street presence and a layout adaptable to continued food and beverage operations, boutique retail, or professional office space.
Residential Quarters Upstairs: The upper level hosts a private residential space with great natural light and classic architectural character. This setup presents an incredible live-work opportunity for an owner-operator, or it can be renovated into a high-demand rental unit to provide a strong secondary income stream.
The Location Advantage
Located just steps from the Kennebec River, iconic local storefronts, and the bustling waterfront district, this property benefits from Bath's distinct mix of tight-knit community loyalty and robust seasonal tourism.
Bring your vision, tools, and design ideas to 'The City of Ships' and unlock the massive potential of this rock-solid building in a premier coastal location.
Location
State ME
County Sagadahoc
Zoning Commercial
Exterior
Parking Features Paved, Off Street
Building
Lot Description Business District, Downtown
Others
Tax ID BTTH-000027-000000-000073
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