5 School St - Restaurant FOR SALE


Bath, ME 04530
$499,000 USD
207-595-0427
5 School St, Bath, ME for Sale
$499,000 USD
Restaurant - FOR SALE
1/11
null | Request Cap Rate

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5 School St
Bath, ME 04530


OVERVIEW

Prime Commercial Opportunity in Heart of Historic Downtown Bath Rarely does an opportunity arise to own a piece of Bath’s vibrant, historic core with this level of versatility and exposure. Situated in the heart of Bath’s thriving Central Business District, 5 School Street offers a prime location with high visibility and heavy foot traffic year-round. This property stands as an exceptional find for savvy investors, builders, or entrepreneurs looking to trade a little sweat equity for a premier piece of coastal real estate. Strong Bones & Tremendous Upside While the property requires some TLC and has areas of deferred maintenance, it boasts incredibly solid bones and a timeless structure. For the right buyer, this represents the perfect canvas to refresh, remodel, and customize a landmark downtown space to perfectly match your vision while building instant equity. The building features a classic, highly functional layout that maximizes both commercial returns and residential comfort: Downstairs Commercial Space: Traditionally operated as a successful restaurant, the ground floor offers a welcoming storefront footprint with high-impact visual displays. It features excellent street presence and a layout adaptable to continued food and beverage operations, boutique retail, or professional office space. Residential Quarters Upstairs: The upper level hosts a private residential space with great natural light and classic architectural character. This setup presents an incredible live-work opportunity for an owner-operator, or it can be renovated into a high-demand rental unit to provide a strong secondary income stream. The Location Advantage Located just steps from the Kennebec River, iconic local storefronts, and the bustling waterfront district, this property benefits from Bath’s distinct mix of tight-knit community loyalty and robust seasonal tourism. Bring your vision, tools, and design ideas to "The City of Ships" and unlock the massive potential of this rock-solid building in a premier coastal location.

FOR SALE DETAILS

PRICE

$499,000 USD

PRICE/SF

$139 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1935

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

C1

APN/PARCEL ID

BTTH-000027-000000-000073

ASK ABOUT THIS PROPERTY

Ashley FearonA Team RealtyMore Info
207-595-0427

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Ashley FearonA Team RealtyMore Info
207-595-0427

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