About this home
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, food prep, 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 appraised for $205/SF with CAP rate of 6%, proving the strong value of this investment. Current owner is open to a small portion of seller financing for a well qualified buyer with a strong offer.
Listing last checked: Listing updated:
Listed by Listing Agent · Holman Group Realty · MLS #1684968
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Details at a glance
Interior3 property facts
- Heating
- Electric, Heat Pump, Zoned
- Cooling
- Heat Pump
- Flooring
- Carpet, Laminate, Tile, Vinyl
Building3 property facts
- Style
- Mixed Use
- Year built
- 1973
- Roof
- Shingle, Tar/Gravel
Land & utilities5 property facts
- Lot size
- 0.59 acres
- Water
- Public
- Sewer
- Public Sewer
- Waterfront
- Y
- Zoning
- C1
Financial2 property facts
- Annual taxes
- $25,715
- Assessment year
- 2025
Location
Estimated monthly cost
Explore costs at the $1,699,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$10,734 / monthAdjust
- Principal & interest
- $8,591
- Property tax
- $2,143
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $25,715. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.
Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
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About 99 Commercial Street
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Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.
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