119 Commercial St - Marinas FOR SALE


Bath, ME 04530
$2,795,000 USD
508-451-0020
119 Commercial St, Bath, ME for Sale
$2,795,000 USD
Marinas - FOR SALE
1/17
null | Request Cap Rate

119 Commercial St
Bath, ME 04530


HIGHLIGHTS

  • 60 plus slip marina
  • Full service restaurant and bar
  • Waterfront patio
  • Fuel dock
  • Ample on site parking
  • Value add through additional services

OVERVIEW

LandVest Commercial is pleased to offer the long-running Kennebec Tavern and Marina for sale. Strategically located on the Kennebec River in Bath, ME, this turn key opportunity consists of the marina, restaurant, bar, fuel dock, buildings, land, and related business opportunities, offering real estate ownership and multiple existing revenue streams. The Army Corp of Engineers has approved a 30 slip expansion, and additional upside is envisioned in longer hours, greater utilization of the event space, and in offering additional maritime services. See attached brochure or contact brokerage team for additional info.

FOR SALE DETAILS

PRICE

$2,795,000 USD

PRICE/SF

$369 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Kennebec Tavern and Marina

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Marinas

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

LAND ACRES

0.71 AC

LAND SF

30,928 SF

ZONING

C1

APN/PARCEL ID

BTTH-000026-000000-000271

ASK ABOUT THIS PROPERTY

Dave KillenLandVestMore Info
508-451-0020

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Dave KillenLandVestMore Info
508-451-0020

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.