119 Commercial Street, Bath, ME 04530 (MLS# 1628895)

119 Commercial Street, Bath, ME 04530

$2,250,000
Property Type: Commercial Square Footage: 7,571 Lot Size (sq. ft.): 30,928 Status: Active
Current Price: $2,250,000 List Date: 7/01/2025 Last Modified: 12/08/2025

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.

Supplements: ********

More Information MLS# 1628895

Location Information

Street #: 119 Street Name: Commercial Street Type: Street County: Sagadahoc Town: Bath State/Province: ME Zip Code: 04530 Zip +4: 2505 Leased Land: No Book: 1441 Page: 29 Map: 26 Lot: 271 Zoning: Commercial Zoning Overlay: Yes Full Tax Amount $: 20940 Tax Year: 2024 Tree Growth Y/N: No Association Y/N: No Geo Lat: 43.915767 Geo Lon: -69.813227

Contract Information

Status: Active Original List Price: 2795000 List Price: $2,250,000 Current Price: $2,250,000

Property Information

Primary Use: General Commercial Surveyed: Unknown Deed/Conveyance Type Offered: Other Other Deed/Conveyance Type Offered: Quitclaim without Covenant Deed: All Year Built: 1950 SqFt Finished Total: 7571 Lot Size Acres +/-: 0.71

Commercial Bldg Information

Confidentiality Statement: Yes

Water Info

Water Frontage: Yes Waterfront Amount: 175 Water Frontage Owned: 175 Water View: Yes Water Body Name: Kennebec River

Utilities

Utilities On: Yes

Property Features

Location: Business District; Deep Water Access; Downtown; Historic District; Near Shopping; Near Turnpike/Interstate; Other Location; Water View; Waterfront Source of Water Frontage: Deed; Public Records; Seller Water Body Type: River Recreational Water: Boat Moorning; Boat Slip; Deeded; Dock; River/Brook/Stream; Waterfront Deep; Waterfront Tidal Construction: Wood Frame Other Structures: Outbuilding Structure Type: Post & Beam Property Uses: Bar/Tavern/Lounge; Commercial; Freestanding Building; Other; Restaurant Basement: Crawl Space; Partial; Slab; Unfinished Foundation Materials: Other; Pillar/Post/Pier; Poured Concrete; Slab Exterior: Other Exterior Roof: Metal Heat System: Blowers; Heat Pump; Other Heat Fuel: Gas Bottled; Oil; Propane Cooling: Heat Pump Building Features: Generator; Security System Parking: On Site; Paved Electric: Circuit Breakers Gas: Bottled; Natural - At Street Sewer: Public Sewer Water: Public
Listing Office: Landvest, Inc.
Last Updated: December - 08 - 2025
119 Commercial Street, Bath, ME 04530- MLS# 1628895
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