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: 1/13/2026

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

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

Property Information

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

Location

Business District: 1 Deep Water Access: 1 Downtown: 1 Historic District: 1 Near Shopping: 1 Near Turnpike/Interstate: 1 Other Location: 1 Water View: 1 Waterfront: 1

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

Source of Water Frontage

Deed: 1 Public Records: 1 Seller: 1

Property Uses

Bar/Tavern/Lounge: 1 Commercial: 1 Freestanding Building: 1 Other: 1 Restaurant: 1

Water Body Type

River: 1

Recreational Water

Boat Moorning: 1 Boat Slip: 1 Deeded: 1 Dock: 1 River/Brook/Stream: 1 Waterfront Deep: 1 Waterfront Tidal: 1

Construction

Wood Frame: 1

Other Structures

Outbuilding: 1

Structure Type

Post & Beam: 1

Basement

Crawl Space: 1 Partial: 1 Slab: 1 Unfinished: 1

Foundation Materials

Other: 1 Pillar/Post/Pier: 1 Poured Concrete: 1 Slab: 1

Exterior

Other Exterior: 1

Roof

Metal: 1

Heat System

Blowers: 1 Heat Pump: 1 Other: 1

Heat Fuel

Gas Bottled: 1 Oil: 1 Propane: 1

Cooling

Heat Pump: 1

Accessibilitiy Amenities

32 - 36 Inch Doors: 1 Level Entry: 1 Ramped Main Level: 1

Building Features

Generator: 1 Security System: 1

Parking

On Site: 1 Paved: 1

Electric

Circuit Breakers: 1

Utilities

Utilities On: Yes

Gas

Bottled: 1 Natural - At Street: 1

Sewer

Public Sewer: 1

Water

Public: 1

Contract Information

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

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.
IDX
Last Updated: January - 13 - 2026
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