119 Commercial St, Bath, ME 04530
- $1,995,000
- 7,571
- SqFt
Listing courtesy of Landvest, Inc..
- List Price
- $1,995,000
- MLS#
- 1628895
- Status
- ACTIVE
- Type
- Commercial
- City
- Bath
- County
- Sagadahoc
- Living Area
- 7,571
- Lot Size
- 30,927
- Year Built
- 1950
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.
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Additional Information
- Living Area
- 7,571
- Water Frontage Owned
- 175
- View
- Water
- Electric
- Circuit Breakers
- Water
- Public
- Basement
- Crawl Space, Partial, Unfinished
- Cooling
- Heat Pump
- Year Built
- 1950
- Acres
- 0.71
- Roof
- Metal
- Foundation
- Slab, Other, Pillar/Post/Pier, Poured Concrete
- Courtesy Of Listing Office
- Landvest, Inc.
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