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224 Main Street

Bar Harbor, ME 04609
  • $2,000,000
  • STATUS: Active
  • MLS #: 1587909
UPDATED: 121 min ago
$2,000,000
  • 0
    BEDS
  • 0.09
    ACRES
  • 3
    BATHS
  • 1
    1/2 BATHS
  • 3,565
    SQFT
Type:
Multi-Family
Built:
1900
County:
Area:

School Ratings & Info

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Description

Downtown commercial real estate on a corner lot could be split up to make two lots, one with the duplex (a 5-bed/2 bath upstairs unit with views of the Village Green, and a 2-bed/1.5 bath flat on the first floor), and the other half is the former site of a popular deli, now a detached garage with one empty bay, and some remaining infrastructure from the commercial kitchen with washable walls, tile floors, updated electrical, and a water/sewer connection with grease interceptor. Zoning permits ALL bed-and-breakfasts and retail uses, restaurants and bars, galleries, artist studios, office buildings, a bonus dwelling unit, shared accommodations without parking requirements, and more. Investments could include adding more dwelling units to the existing duplex, and pursuing new construction or renovating the other half of the property for commercial purposes (it has the garage/kitchen plus appx. 450' sq ft of recreation space / vacant land abutting Main St). Or consider dividing and keep one half, sell the other half. This site offers guaranteed foot traffic with sixty feet frontage on Main, and sixty-five feet frontage on Atlantic. The area is surrounded by street parking and stable long term enterprises. The property has three private parking spaces behind the duplex and the available spot in the empty garage bay. One possibility is to expand up, adding more dwelling units above the garage.

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Maine Real Estate Information Systems logo
Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
© 2024 Maine Real Estate Information System, Inc. All Rights Reserved. Data last updated: 2024-06-23T08:52:04.077.
www.davidmarshallteam.com/homes/150058473
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224 Main Street Bar Harbor, ME 04609

  • Price: $2,000,000
  • Status: Active
  • On Site: Days
  • Updated: 121 min ago
  • MLS #: 1587909
0
Beds
3
Baths
1
½ Baths
0.09
Acres
3,565
SQFT
$561
$/SQFT
1900
Built
County:
Hancock
Area:
Bar Harbor
Property Description
Downtown commercial real estate on a corner lot could be split up to make two lots, one with the duplex (a 5-bed/2 bath upstairs unit with views of the Village Green, and a 2-bed/1.5 bath flat on the first floor), and the other half is the former site of a popular deli, now a detached garage with one empty bay, and some remaining infrastructure from the commercial kitchen with washable walls, tile floors, updated electrical, and a water/sewer connection with grease interceptor. Zoning permits ALL bed-and-breakfasts and retail uses, restaurants and bars, galleries, artist studios, office buildings, a bonus dwelling unit, shared accommodations without parking requirements, and more. Investments could include adding more dwelling units to the existing duplex, and pursuing new construction or renovating the other half of the property for commercial purposes (it has the garage/kitchen plus appx. 450' sq ft of recreation space / vacant land abutting Main St). Or consider dividing and keep one half, sell the other half. This site offers guaranteed foot traffic with sixty feet frontage on Main, and sixty-five feet frontage on Atlantic. The area is surrounded by street parking and stable long term enterprises. The property has three private parking spaces behind the duplex and the available spot in the empty garage bay. One possibility is to expand up, adding more dwelling units above the garage.
Exterior Features

Architectural Style DuplexMulti-Level Attached Garage YN No Construction Materials Shingle SidingFiber CementWood Frame Fencing Fenced Foundation Details Concrete Perimeter Garage YN Yes Lot Features Corner LotLevelRight of WaySidewalksHistoric DistrictIntownNear Golf CourseNear Public BeachNear ShoppingNear TownNeighborhoodRetail Strip Other Structures Outbuilding Parking Features 1 - 4 SpacesPaved Road Frontage Type Private Road Surface Type Paved Roof Shingle Water View No Waterfront YN No

Interior Features

Above Grade Finished Area 3565 Basement FullExterior OnlyUnfinished Below Grade Finished Area 0 Carpet Floors YN Yes Cooling Heat Pump Cooling YN Yes Flooring WoodVinylTileCarpet Heating RadiatorRadiantMulti-ZonesHot WaterHeat PumpBaseboard Heating YN Yes Interior Features BathtubShower Laundry Features Laundry - 1st FloorUpper LevelMain Level Tile Floors YN Yes Wood Floors YN Yes

Property Features

Association YN No Electric Circuit Breakers Gas Bottled YN Yes Green Energy Efficient Recirculating Hot WaterDouble Pane WindowsCeiling Fans Gross Income 80000 Has No Restrictions Yes Heat Fuel Electric YN Yes Heat Fuel Oil YN Yes Internet Access Available YN Yes Land Lease YN No Operating Expense 20000 Pets Allowed No Restrictions Property Seasonal No Sewer Public Sewer Tax Annual Amount 6933 Tax Year 2023 Utilities Utilities On Water Source Public Zoning Downtown Village II

Maine Real Estate Information Systems logo Listing provided courtesy of Lynam Real Estate Agency: .

© 2024 Maine Real Estate Information System, Inc. All Rights Reserved.

Mortgage Calculator is provided by BoomTown.
Maine Real Estate Information Systems logo
Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
© 2024 Maine Real Estate Information System, Inc. All Rights Reserved. Data last updated: 2024-06-23T08:52:04.077.
 
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The David Marshall Team | eXp Realty, LLC
533 Congress Street
Portland ME, 04101
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