Bath
$1,995,000
119 Commercial Street
mls: 1628895
Bathrooms: 0
Year Built: 1950
Sq Footage: 7,571
Lot Size: 0.71
Taxes: $20,940
Status: Active

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.

Listed by: Landvest, Inc.

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.

Listed by: Landvest, Inc.

Accessibility Features
Appliances
Architectural Style
Basement
Bathrooms Total Integer
0
Body Type
Building Area Total
7571.00
Construction Materials
Cooling
Heat Pump
Cooling Yes/No
1
Electric
Circuit Breakers
Exterior Features
Flooring
Foundation Details
Green Energy Efficient
Heating
Blowers, Heat Pump, Other
Heating Yes/No
1
Interior Features
Laundry Features
Lot Features
Business District
Lot Size Acres
0.7100
Other Equipment
Other Structures
Outbuilding
Parking Features
Patio And Porch Features
Pets Allowed
Property Condition
Roof
Metal
Sewer
Public Sewer
Tax Annual Amount
20940.00
Utilities
Water Source
Public
Waterfront Yes/No
1
Year Built
1950
Zoning
Commercial