# State Highway 3 Town Hill Bar Harbor, ME 04609

Listing agency Carter's Real Estate k***@cartersrealestate.com Show Phone

Listed by Katrina Carter Show Phone

Added: Mar 30 Updated: Apr 17 at 12:34PM Checked: Jul 23 at 1:06AM

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MLS# 1655730

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Investment Insights

Based on property information with market context.

This 1.1-acre parcel of commercial land is available for a 99-year lease. Currently, the parcel does not meet the dimensional requirements for a legally conforming lot as defined in the land use ordinance. However, if during the term of the lease, the applicable laws are amended, and the leased premises would comply with the dimensional standards for a separate conforming lot, the tenant may elect to purchase the leased premises at a purchase price to be agreed upon. The purchase price will be based upon the costs incurred by the landlord in transferring fee ownership of the leased premises, including the costs of deed preparation and real estate transfer taxes, with the intention that the landlord will bear no costs in relation to such transfer. The property is located on State Highway 3 in Town Hill, Bar Harbor, Maine.

Key Highlights

• Long‑term 99‑year land lease available.
• Opportunity to purchase the land if zoning laws change during the lease.
• Purchase price based on landlord's transfer costs only.

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FAQs

What type of property is this?

Commercial land - 1.1 acre land parcel available for lease in Bar Harbor.

Where is this commercial land located?

The property is located at # State Highway 3 Town Hill Bar Harbor, ME.

What is the asking price?

The asking price for this property is $200,000.

What are key features of this property?

This property features: Long‑term 99‑year land lease available.; Opportunity to purchase the land if zoning laws change during the lease.; Purchase price based on landlord's transfer costs only.