Catylist ID:
#30705545
Mixed-Use Redevelopment Opportunity in Bath
Retail-Commercial
for Lease
| Catylist Listing ID: | 30705545 |
| Property Subtypes: | Convenience Store, Day Care Facility, Mixed Use, Post Office, Restaurant, Street Retail, Tavern/Bar/Nightclub, Other |
| Contiguous Space: | 1,600 SF |
| Gross Building Area: | 21,000 SF |
| Lease Rate: |
$12 PSF (Annual) |
| Base Monthly Rent: | $1,600 |
| Lease Types: | Modified Gross |
| Ceiling: | 10 ft. |
| Building Name: | The Grant Building |
| Usable Size (USF): | 20,253 SF |
| Last Updated: | 3/15/2023 |
Overview / Comments
|
+/- 1600 SF space available on the lower level with two large windows with lots of light. This space is versatile with concrete floors and open-format floor plan. A fully built-out bathroom will be delivered by the owner, outside of the tenant square footage, for shared use. The building is sprinklered. Estimated delivery of vanilla shell for tenant fit up Summer 2023. The Grant Building: High ceilings, open-concept floor plans, and flex spaces will be activated for multiple uses. People coming and going each day for goods and services, to gather, and to build community. High traffic and pedestrian corner at the gateway to historic downtown Bath; visible from Rt. 1 overpass. One of historic downtown Bath’s largest buildings. Built in1936, the building has been a department store, onshore quarters, and office space for Bath Iron Works, and is currently home to Beacon Park, an indoor community park. Beacon Park was awarded the 2020 Innovation Award by Maine Downtown Center. Features: - The only example of late Art Deco façade in Bath. - Freight elevator servicing basement through 3rd floor, incl. ground level on Water Street and Centre Street. - Open-concept floor plan with great corner retail visibility on Centre and Water Streets. - This space is right below Union + Co, a +/- 8,000 square foot coworking, private office and event space. Location: Bath is a year-round service center for Sagadahoc county, including seasonal communities in the Midcoast. Established and successful commercial neighbors, many locally-owned and operated businesses. 6,000 employees a day come to work at BIW, two blocks from this location. Parking: Dedicated parking in the adjacent surface lot. Additional off- and on-street public parking within one block. |
Attachments & Media
Expand All Available Space
| Suite: Lower Level (With Windows) | 1,600 SF | $12 PSF (Annual) Modified Gross |
| Level/Floor: | Lower Level (With Windows) | |
| Space Available: | 1,600 SF | |
| Lease Rate: |
$12 PSF (Annual) $1,600 (Monthly) |
|
| Lease Type: | Modified Gross | |
| Space Description: | Lower Level (With Windows), serviced by a freight elevator. Perfect fitness studio or keyless entry gym. Owner is building out full locker room area OUTSIDE of the demised 1,600 SF, for use by the gym space and other 2 commercial tenants. | |
| Space Subcategory: | Flex Space | |
| Date Available: | 9/30/2022 | |
| Space Type: | Relet | |
| Kitchen | Yes | |
| Tax Expenses | $12,380 PSF (Annual) | |
| Rent Escalators Description | TBD | |
Additional Details
| Nearest MSA: | Portland-South Portland |
| County: | Sagadahoc |
| Tax ID/APN: | 27-098-000 |
| Zoning: | COMMERCIAL (C1) |
| Retail Clientele: | General, Family, Business, Traveler, Tourist, Recreation, Convention, Other |
| Property Located Between: | Water Street (Kennebec Meat Company) and Solo Pane Italian Bakery |
| Property Visibility: | Excellent |
| Largest Nearby Street: | Centre Street |
| Feet of Frontage: | 50 |
| Highway Access: | 2 minutes to Route 1 |
| Airports: | Brunswick Executive Airport |
| Area Description: | Bath is a year-round service center for Sagadahoc county, including seasonal communities in the Midcoast. Established and successful commercial neighbors, many locally-owned and operated businesses. 6,000 employees a day come to work at BIW, two blocks from this location. |
| Tenancy: | Multiple Tenants |
| Total Number of Buildings: | 1 |
| Number of Stories: | 3 |
| Typical SF / Floor: | 7,000 SF |
| Property Condition: | Good |
| Year Built: | 1936 |
| Roof Type: | Flat |
| Construction/Siding: | Aluminum Siding, Brick, Concrete |
| Exterior Description: | Facade on Centre Street is in late Art Deco style |
| Total Parking Spaces: | 12 |
| Parking Type: | Surface |
| Parking Description: | Parking is negotiable. Large surface lot owned by the City of Bath behind the building. |
| Freight Elevators: | 1 |
| Sprinklers: | Wet, Other |
| Heat Type: | Natural Gas |
| Heat Source: | Central, Other |
| Air Conditioning: | Other |
| Internet Access: | Fiber Optic |
| Interior Description: | HVAC / Mechanicals to be updated. |
| Zoning Description: | C1 - Commercial District. The Downtown Commercial District provides a location for the retail-, business-, and tourist-oriented activities of Bath and the Bath Region. The Downtown Commercial District will continue to be the year-round retail and business center of the City. The Downtown Commercial District also is the location of residential activity that is historically typical of urban centers’ downtowns. |
| Lot Frontage: | 50 |
| Water Service: | Municipal |
| Sewer Type: | Municipal |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 4,489 | 9,695 | 19,121 |
| Median Age: | 38.55 | 41.5 | 43.38 |
| Households: | 2,057 | 4,446 | 8,371 |
Contact
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