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About the Listing 1874 - 022596,020006
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. - **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. - **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
Listing Highlights for 99 Commercial St
Status
Active
Days on Site
351
Property Type
Commercial Sale
MLS ®
1604308
Year Built
1973
Total Square Footage
11,683
Lot/Acreage
0.59
County
Sagadahoc
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond: Heat Pump
- Heating: Zoned,Heat Pump,Baseboard
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Waterfront,Water View,Downtown,Business District,Historic District,Near Shopping
- Garage Capacity: N/A
- Zoning: C1
- Roof: Pitched,Shingle,Tar/Gravel
- Others:
- Sewer: Public Sewer
- Parking Features: 21+ Spaces,On Site,Paved,Off Street
Financial Details
- Tax Amount: $25,153
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2023
Payment Calculator
Monthly Payment
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- in Taxes
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Listing Location
Questions About..
99 Commercial St Bath, ME 04530
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