99 Commercial Street, Bath, ME 04530 (MLS# 1638230)

99 Commercial Street, Bath, ME 04530

$1,975,000
Property Type: Commercial Square Footage: 11,683 Lot Size (sq. ft.): 25,700 Status: Active
Current Price: $1,975,000 List Date: 9/19/2025 Last Modified: 10/27/2025

Description

Spectacular waterfront mixed-use multi-family and commercial building with condo-style apartments in downtown Bath. This building is right on the water but has never been impacted by flooding. Additionally, the building has more than 40 parking spaces in the highly coveted downtown. Perfectly positioned in a high-traffic, vibrant pedestrian zone abutting the Bath Riverwalk and Linwood Temple Waterfront Park. This multi-use building offers a harmonious blend of modern luxury and commercial functionality, featuring: - **Four Condo-Style Apartments with Stunning Views** Each unit boasts spacious layouts with large windows over the Kennebec River, and private entries. Ideal for long or short-term rentals. - **Versatile Commercial Spaces** The first and second floors house a mix of retail, restaurant, and office units, catering to a variety of business needs. Perfect for high-end retail boutiques, trendy restaurants, and professional offices, the spaces are designed for maximum visibility and convenience. - **Waterfront Location:** Set on the picturesque Kennebec River shore, this 1976 property is built closer to the water than modern zoning allows. Additionally, a future owner may be able to install a wharf and marina in front of this property, adding tremendous value. Whether you're an investor or owner-occupant, this building combines high-demand residential space in a thriving commercial district in this fabulous waterfront location. Don't miss the chance to own this prime property! Neighboring building at 97 Commercial recently appraised for $205/SF with CAP rate of 6%, proving the strong value of this investment. Current owner has left room for growth in the residential rent roll and is open to a small portion of seller financing for a well qualified buyer with a strong offer.

Supplements: ********

More Information MLS# 1638230

Location Information

Street #: 99 Street Name: Commercial Street Type: Street County: Sagadahoc Town: Bath State/Province: ME Zip Code: 04530 Leased Land: No Book: 2021R Page: 3280 Map: 26 Lot: 272 Zoning: C1 Zoning Overlay: Yes Full Tax Amount $: 25371 Tax Year: 2024 Tree Growth Y/N: No Association Y/N: No Geo Lat: 43.915073 Geo Lon: -69.813169

Contract Information

Status: Active Original List Price: 2090000 List Price: $1,975,000 Current Price: $1,975,000

Property Information

Primary Use: Mixed Use Surveyed: Yes Deed/Conveyance Type Offered: Quit Claim Deed: Partial Deed Restrictions: Yes Bank Owned REO: No Year Built: 1973 Tenancy: Multiple Tenants Leases: Yes Total # Floors: 4 SqFt Finished Total: 11683 Lot Size Acres +/-: 0.59

Commercial Bldg Information

Total Units: 12

Water Info

Water Frontage: Yes Waterfront Amount: 172 Water Frontage Owned: 172 Water View: Yes Water Body Name: Kennebec River

Utilities

Utilities On: Yes

Property Features

Location: Business District; Downtown; Historic District; Near Shopping; Water View; Waterfront Source of Water Frontage: Public Records; Seller; Survey Water Body Type: River Recreational Water: Waterfront Tidal Construction: Wood Frame Levels: Multi-Level Property Uses: Bar/Tavern/Lounge; Commercial; Flex; Freestanding Building; Office Building; Restaurant; Retail Basement: None Roof: Pitched; Shingle; Tar/Gravel Heat System: Heat Pump; Zoned Cooling: Heat Pump Floors: Carpet; Laminate; Tile; Vinyl Building Features: Internet Access Available Parking: 21+ Spaces; Off Street; On Site; Paved Electric: Circuit Breakers; On Site Sewer: Public Sewer Water: Public
Listing Office: RE/MAX Riverside
Last Updated: October - 27 - 2025
99 Commercial Street, Bath, ME 04530- MLS# 1638230
Broker Attribution: 207-406-0063

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