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Adam Dow

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

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119 Commercial St , Bath, ME 04530
$1,995,000
Est. Payment: $4,433.33/mo
0 Bed
0 Bath
7571 Sqft
Status: Active | Days on site: 414
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House 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.

Highlights

Listed by Jane Chase , 207-351-7529 and James Nadeau , 207-337-3687 Landvest, Inc. , 207-414-5299.

Property Type

Commercial Sale

Lot/Acreage
0.71

Year Built

1950

County

Sagadahoc

Listing ID

1628895

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Air Cond:Heat Pump
Fireplaces:
Basement:Crawl Space,Partial,Unfinished
Water:Public

Exterior Features

Lot:Other Location,Waterfront,Water View,Near Turnpike/Interstate,Downtown,Deep Water Access,Business District,Historic District,Near Shopping
Zoning:Commercial
Roof:Metal
Others:
  • Additional:Boat Moorning, Boat Slip, Deeded, Dock, River/Brook/Stream, Waterfront Deep, Waterfront Tidal
Sewer:Public Sewer
Parking Features:On Site,Paved
Principal Interest
$4,433
Taxes
$1,745

Home Price

$1,995,000

Loan Details

30 yrs
%

Down Payment

20%
$399,000
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:
$4,433.33

Principal

Taxes

Principal Taxes HOA Total
Monthly $4,433.33 $1,745.00 $0.00 $6,178.33
Yearly $53,200.00 $20,940.00 $0.00 $74,140.00
Total $1,596,000.00 $628,200.00 $0.00 $2,224,200.00

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 (Bath, 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.