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
Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. Copyright ©2022 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.
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