71 Commercial Street, Boothbay Harbor, ME 04538 (MLS# 1512429)

71 Commercial Street, Boothbay Harbor, ME 04538

$1,200,000
Property Type: Commercial Square Footage: 3,803 Lot Size (sq. ft.): 13,068 Status: Closed
Current Price: $1,200,000 List Date: 11/07/2022 Last Modified: 1/10/2025

Description

This unique property comes fully furnished including bedrooms, kitchen and all living areas. Property is in excellent condition with many recent renovations. This Bed and Breakfast property sits on nearly 1/3 of an acre of land and on top of an elevated bluff with beautiful views of the harbor and ocean. Boothbay Harbor receives over 1,225,000 visitors annually. Visitation has increased by over 100,000 each year for the past 8 years (except 2020) and is projected to continue to grow moving forward. The Boothbay area offers international and local tourists alike, pleasant summer weather, and proximity access to some of Maine's most scenic vistas and recreational areas. This is an excellent opportunity for an owner-operator or an investor to purchase a profitable Bed and Breakfast property with room to grow as visitation to the area tourism continues to grow.

Supplements: ********

More Information MLS# 1512429

Location Information

Street #: 71 Street Name: Commercial Street Type: Street County: Lincoln Town: Boothbay Harbor State/Province: ME Zip Code: 04538 Zip +4: 1827 Leased Land: No Book: 5006 Page: 255 Map: 15 Lot: 63 Zoning: Commercial Zoning Overlay: Yes Full Tax Amount $: 8425 Tax Year: 2019 Association Y/N: No Geo Lat: 43.849477 Geo Lon: -69.629836

Contract Information

Status: Closed Original List Price: 1800000 Sold Price: $1,200,000 Current Price: $1,200,000

Property Information

Primary Use: General Commercial Surveyed: Unknown Deed/Conveyance Type Offered: Quit Claim w/Covenant Year Built: 1830 SqFt Finished Total: 3803 Lot Size Acres +/-: 0.3 Road Frontage +/-: 185

Status Change Info

Pending Date: 2022-12-02 Closed Date: 2023-04-05 Closed Price: 1200000

Water Info

Water View: Yes Water Body Name: Boothbay Harbor

Sold Info

Appraiser Email Address: rparejo@hvs.com

Property Features

Location: Business District; Downtown; Near Shopping; Public Transport Access; Retail Strip; Water View Water Body Type: Harbor; Ocean Recreational Water: Nearby Construction: Wood Frame Property Uses: Bed & Breakfast; Commercial Basement: Brick/Mortar; Walk-Out Access Foundation Materials: Block; Brick/Mortar; Poured Concrete; Stone Exterior: Glass; Vinyl Siding Roof: Shingle Heat System: Baseboard; Hot Water; Radiator Heat Fuel: Gas Bottled; Oil Cooling: Heat Pump Floors: Carpet; Vinyl; Wood Building Features: Storage Parking: 5 - 10 Spaces; Off Street; On Site; Paved Electric: Circuit Breakers Gas: Bottled Sewer: Public Sewer Water: Public Sold Terms Other: Arms Length
Listing Office: William Raveis Real Estate
Last Updated: January - 10 - 2025
71 Commercial Street, Boothbay Harbor, ME 04538- MLS# 1512429
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