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

Overview

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.

Listing Details 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

Contract Information

Original List Price: 1800000

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

More Information

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

Documents

Deed ›

Map ›

Property Disclosure ›

Lead ›

Property Abatement ›

Listing Office: William Raveis Real Estate

Selling Office: Non MREIS Agency

Last Updated: January - 10 - 2025

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