224 Main Street Bar Harbor, ME
$2,000,000
Square Footage 6,091
Acres 0.09
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.
Listed by Lynam Real Estate Agency, Peter Collier 207-288-3334
Details
MLS 1587913
Status Active
Price $2,000,000
DOM 211 days
Type Commercial
Square Feet 6,091 sqft
Lot Size 0.09 acres
Year Built 1900
Taxes Paid $6,933
Lot & Building Features
Cooling Heat Pump
Tax Year 2023
Taxes Paid $6,933
Room Details
Basement Description Full, Unfinished
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Financing
$
6.75%
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$
$
per month
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