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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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14 Cottage St , Bar Harbor, ME 04609
$2,250,000
Est. Payment: $5,000.00/mo
0 Bed
0 Bath
3753 Sqft
Status: Active | Days on site: 1
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3325 - 014965
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House Description

An exceptional opportunity to own a highly visible commercial property in the heart of downtown Bar Harbor, one of Maine's most sought-after coastal destinations. Positioned on Cottage Street, this property offers tremendous pedestrian exposure during the busy summer and fall tourism seasons, when visitors fill downtown Bar Harbor in search of restaurants, shopping, entertainment and authentic Maine experiences. The building was completely remodeled approximately five years ago, providing a turnkey foundation for a new owner or operator. Improvements included all-new electrical wiring, plumbing, heating, alarm and sprinkler systems, offering modern infrastructure rarely found in older downtown Bar Harbor commercial buildings. The current commercial space offers tremendous flexibility for a variety of uses. Bring your vision to one of Bar Harbor's most active downtown locations. Potential concepts include a restaurant, bar, boutique clothing shop, Maine-made goods store, T-shirt and souvenir shop, specialty food market, outdoor recreation retailer, art gallery, wine or specialty provisions shop, or a unique coastal Maine concept that would complement Bar Harbor's tourism economy. And then there is the parking — a truly rare commodity downtown. The property includes 4-5 dedicated off-street parking spaces behind the building, an enormous advantage during Bar Harbor's peak season. The possibilities extend beyond the commercial space. Two residential apartments occupy the floors above, providing additional income potential and making this an especially compelling mixed-use investment. First apartment features 3 bed/1 bath with views overlooking Cottage Street, while the second has 2 bedrooms and 1 bath. Whether a destination restaurant, lively bar, distinctive retail concept, mixed-use investment or a mixture of commercial and residential income, 14 Cottage Street offers the rare combination of location, visibility, parking and recently upgraded infrastructure.

Highlights

Listed by Joshua Shelton , 207-266-9125 Better Homes & Gardens Real Estate/The Masiello Group , 207-266-9125.

Property Type

Commercial Sale

Lot/Acreage
0.09

Year Built

1889

County

Hancock

Listing ID

1680775

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Air Cond:Heat Pump
Fireplaces:
Floor:Concrete,Laminate,Tile
Basement:Slab
Other:
  • Additional:Storage
Water:Public

Exterior Features

Lot:Downtown,Retail Strip
Zoning:Downtown Village 1
Roof:Metal
Sewer:Public Sewer
Parking Features:5 - 10 Spaces,Paved,Assigned,Off Street
Principal Interest
$5,000
Taxes
$965

Home Price

$2,250,000

Loan Details

30 yrs
%

Down Payment

20%
$450,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$5,000.00

Principal

Taxes

Principal Taxes HOA Total
Monthly $5,000.00 $964.83 $0.00 $5,964.83
Yearly $60,000.00 $11,578.00 $0.00 $71,578.00
Total $1,800,000.00 $347,340.00 $0.00 $2,147,340.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Bar Harbor, ME).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.