9 - 8 Park Street, Bath, ME 04530

$7,150,000
Property Type: Commercial Square Footage: 98,588 Lot Size (sq. ft.): 308,840 Status: Closed
Current Price: $7,150,000 List Date: 12/08/2023 Last Modified: 1/17/2025

Overview

Description

Mixed use Commercial, with a blend of residential apartments and commercial tenants offered at a 7 Cap. Approximately 95,000+/- rentable s/f on 7+acre lot. There is ample parking in back of building off Washington St and additional parking Lot across the street on Park St. Building was remodeled with new apartments added 2015-2017. Currently 96% occupied. NDA needed for Rent Roll and Profit Loss Statements.

Listing Details MLS# 1578877

Location Information

Street #
9 - 8
Street Name
Park
Street Type
Street
County
Sagadahoc
Town
Bath
State/Province
ME
Zip Code
04530
Zip +4
2828
Leased Land
No
Book
2017R
Page
8089
Map
14
Lot
96
Zoning
R2
Full Tax Amount $
41892
Tax Year
2023
Association Y/N
No

Contract Information

Original List Price
7300000

Property Information

Primary Use
Mixed Use
Surveyed
Unknown
Deed/Conveyance Type Offered
Quit Claim w/Covenant
Year Built
1910
Year Renovated +/-
2017
Tenancy
Multiple Tenants
Leases
Yes
Total # Floors
3
SqFt Finished Total
98588
Lot Size Acres +/-
7.09

Status Change Info

Pending Date
2023-12-15
Closed Date
2024-04-05
Closed Price
7150000

Water Info

Water Frontage
No
Water View
No

Utilities

Utilities On
Yes

More Information

Sold Info

Appraiser Email Address
skominski@bbgres.com

Property Uses

Commercial
Yes
Executive Suites
Yes
Office Building
Yes
Other
Yes

Construction

Masonry
Yes
Steel Frame
Yes
Wood Frame
Yes

Basement

Finished
Yes
Full
Yes
Walk-Out Access
Yes

Foundation Materials

Block
Yes
Brick/Mortar
Yes
Poured Concrete
Yes

Exterior

Block
Yes
Concrete
Yes
Glass
Yes
Metal Clad
Yes
Wood Siding
Yes

Roof

Membrane
Yes
Rolled/Hot Mop
Yes

Heat System

Blowers
Yes
Heat Pump
Yes

Heat Fuel

Electric
Yes
Oil
Yes
Propane
Yes

Floors

Carpet
Yes
Composition
Yes
Concrete
Yes
Laminate
Yes

Accessibilitiy Amenities

Elevator/Chair Lift
Yes
Level Entry
Yes

Building Features

Elevator Passenger
Yes
Generator
Yes

Parking

21+ Spaces
Yes
On Site
Yes
Paved
Yes

Electric

Circuit Breakers
Yes

Sewer

Public Sewer
Yes

Water

Public
Yes

Sold Terms Other

Arms Length
Yes

Property Features

Construction: Masonry; Steel Frame; Wood Frame Property Uses: Commercial; Executive Suites; Office Building; Other Basement: Finished; Full; Walk-Out Access Foundation Materials: Block; Brick/Mortar; Poured Concrete Exterior: Block; Concrete; Glass; Metal Clad; Wood Siding Roof: Membrane; Rolled/Hot Mop Heat System: Blowers; Heat Pump Heat Fuel: Oil; Propane Floors: Carpet; Composition; Concrete; Laminate Building Features: Elevator Passenger; Generator Parking: 21+ Spaces; On Site; Paved Electric: Circuit Breakers Sewer: Public Sewer Water: Public Sold Terms Other: Arms Length
IDX
Listing Office: EXP Realty
Selling Office: RE/MAX Riverside
Last Updated: January - 17 - 2025
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