Positioned in the heart of Bar Harbor, this commercial property offers a rare combination of strong in-place income and significant future development potential.
contact joshshelton@masiello.com
Positioned in the heart of Bar Harbor, this commercial property offers a rare combination of strong in-place income and significant future development potential. Situated on just under one-third of an acre, the parcel benefits from grandfathered setbacks and lot coverage, maximizing flexibility and long-term value. The property is currently configured with multiple tenants making it an attractive investment to go along with high visibility and a high traffic count. The downtown location ensures consistent demand from both commercial tenants and seasonal visitors drawn to Acadia National Park. Beyond its current income stream, the site presents a wide range of redevelopment possibilities. Ideal uses include: Restaurant or hospitality concept, Retail or boutique storefronts, Mixed-use office and residential space, Townhomes or condominiums, Bed & Breakfast or lodging accommodations or a Drive-thru business with its favorable existing layout With limited available land in downtown Bar Harbor, this offering represents a rare opportunity to invest, reposition, or redevelop in one of Maine's most sought after coastal markets.