Commercial Restaurant Building For Sale

Retail-Commercial for Sale
Catylist Listing ID: 30846120
Property Subtypes: Restaurant
Building Size (RSF): 382 SF
Gross Building Area: See Agent
Gross Land Area: 0.01 Acres
Sale Price: $175,000
Unit Price: $458.12 PSF
Ceiling: 8 ft.
Property Use Type: Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/23/2024

Overview / Comments

With exposure to major pedestrian and vehicular traffic, this centrally-located 382SF restaurant building in the heart of Bath's Downtown, is for sale for the first time in decades. The Downtown Commercial District (as defined by the city of Bath) 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.

Financials

Finance Data Year 2023
Real Estate Taxes - Annual($) $1,677 (Annual)

Additional Details

Nearest MSA: Portland-South Portland
County: Sagadahoc
Tax ID/APN: 23020_27-088-000
Zoning: C1
Retail Clientele: General, Business, Tourist
Property Located Between: Water and Washington Streets
Property Visibility: Excellent
Highway Access: just off Coastal Route 1
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Average
Year Built: 1920
Construction/Siding: Vinyl Siding, Wood Frame
Parking Type: Other
Parking Description: in downtown
Sprinklers: None
Heat Type: Electricity
Heat Source: Heat Pump
Air Conditioning: Other
Zoning Description: commercial downtown
Lot Frontage: 10
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: owner

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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

Photograph of Listing Agent

Dave Holman

Kathadin Property Management
NECPE Member
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