124 Cottage Street, Bar Harbor, ME 04609

$895,000

Prime location in downtown Bar Harbor, front main building.

Virtual Tour

https://www.propertypanorama.com/instaview/mreis/1572188

Back building that houses four apartment style units. 4 parking spaces onsite off of BrewerAve.

Two story commercial building with potential for a roof deck

Built in 2020-21 this building is top notch in quality

First floor gym space looking on to Cottage Street

Side entrance to locker rooms and 3 treatment rooms in back

Locker rooms, total of 4 showers and four toilets

Apartment style living space in the back building; a fully set up private suite

Property Type: Commercial Square Footage: 6,423 Lot Size (sq. ft.): 6,970 Status: Closed

Current Price: $895,000 List Date: 9/15/2023 Last Modified: 1/16/2025

Overview

Description

State of the art wellness center built in 2020-2021, located in the heart of downtown Bar Harbor. Currently this property offers first level gym space, locker rooms with showers, 3 treatment spaces that could easily be converted to office space or more. Zoned in DT Village 2 there are many commercial and mixed use options. The second floor main building offers beautiful open studio space overlooking Cottage Street, an additional full bathroom, and three more office spaces/treatment rooms. Built with energy efficiency and green objectives in mind, this property has an air quality system in place, all low VOC, non toxic building materials were used, fully sprinkled fire system, and extra insulation-low cost to heat and cool. The rear building is accessed via Brewer Ave, offers 4 parking spots and has four beautifully done studio, motel lodging units for owner operator or guests. New solar panels added 2022. Beautifully built and cared for, great opportunity!!

Listing Details MLS# 1572188

Location Information

Street #: 124
Street Name: Cottage
Street Type: Street
County: Hancock
Town: Bar Harbor
State/Province: ME
Zip Code: 04609
Zip +4: 1410
Leased Land: No
Book: 6937
Page: 446
Map: 104
Lot: 159
Zoning: DT Vil 2
Zoning Overlay: No
Full Tax Amount $: 15378
Tax Year: 2022
Association Y/N: No

Contract Information

Original List Price: 2500000

Property Information

Primary Use: General Commercial
Surveyed: Unknown
Year Built: 2020
Total # Floors: 2
SqFt Finished Total: 6423
Lot Size Acres +/-: 0.16

Status Change Info

Pending Date: 2024-02-21
Closed Date: 2024-05-07
Closed Price: 895000

Utilities

Utilities On: Yes

Sold Info

Appraiser Email Address: cynthia.xu@boweryvaluation.com

More Information

Property Features

Location: Downtown; Near Shopping Property Condition: New Construction Recreational Water: Nearby Construction: Wood Frame Property Uses: Commercial; Executive Suites; Hotel/Motel; Medical; Neighborhood Center; Office Building; Other; Restaurant Basement: Crawl Space; Unfinished Foundation Materials: Poured Concrete Exterior: Fiber Cement Roof: Composition Heat System: Hot Water; Radiant; Zoned Heat Fuel: Gas Bottled Cooling: Heat Pump Floors: Composition; Concrete; Wood Building Features: Cable; Fire System; Internet Access Available; Other Equipment; Sprinkler - Dry; Storage Green Certification: Energy Star Certified Parking: 1 - 4 Spaces Electric: Circuit Breakers; Photovoltaics Seller Owned Gas: Bottled Sewer: Public Sewer Water: Public Sold Terms Other: Arms Length

Documents

Property Disclosure Public Access ›

Plot Plan Public Access ›

Zoning info ›

Updated Survey ›

Listing Office: Portside Real Estate Group

Selling Office: Portside Real Estate Group

Last Updated: January - 16 - 2025

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