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    4 Townsend Ave Boothbay Harbor, ME 04538

    For Sale
    $1,290,000

    COMMERCIAL - Boothbay Harbor, ME

    Property size:
    5,508 SF
    Lot size:
    0.10 Acres
    Days on Market:
    132
    Last Refresh:
    Dec 15 at 2:06 am

    Property Features for 4 Townsend Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Downtown Business
    Size
    5,508 SF
    Lot size
    0.10 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Baseboard
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1920
    Building materials
    Masonry

    Keller Williams Realty (207) 879-9800 [email protected]

    Listing agent Nicholas Farrell (207) 879-9800

    Listing date Aug 6, 2025

    Copyright © 2025 Maine Real Estate Information System, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Historic Building with Business Potential

    Located in the heart of downtown Boothbay Harbor at the intersection of Oak Street and Townsend Ave, The Old Bank Building is a commercial property offering business potential. The property features visibility, sidewalk frontage, and access to public parking. The building includes a street-level retail space with display windows, an original bank vault, and backroom storage featuring a historic bar. There is also a renovated coworking space (Our Port Workspace) with five offices, a conference room, copy center, lounge area, and kitchenette, as well as a second-floor office suite with four offices, a break room, conference room, and a large lounge area. The 5,508 square foot building sits on a 0.1-acre lot. Recent improvements include a new roof, upgraded systems, new floors, windows, and entry doors in the retail space, and full renovation of the coworking unit with secure keypad access. The building is equipped with central air and a fire sprinkler system. The coworking business is included in the sale, offering a turnkey revenue stream. The downtown area has expanded the tourism season.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Dirty Bird Pottery ... Pottery Store Our Port Workspace Coworking Space Seawicks Candle Company Candle Store

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Nail Salon Building Supply Gym & Fitness Auto Repair Shop Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Boothbay Harbor
    County
    Lincoln
    State
    Maine
    Longitude
    -69.627869
    Latitude
    43.8518012

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    FAQs

    What type of property is this?
    Coworking space - Iconic commercial property in downtown Boothbay Harbor with built-in business.
    Where is this coworking space located?
    The property is located at 4 Townsend Ave Boothbay Harbor, ME.
    What is the asking price?
    The asking price for this property is $1,290,000.
    What are key features of this property?
    This property features: - Prime downtown Boothbay Harbor location at a prominent intersection with high visibility and foot traffic.; - Turnkey coworking business (Our Port Workspace) included, providing immediate revenue stream.; - Three distinct units offer diverse income potential or owner-user options: retail space, coworking space, and vacant office suite.
    (207) 879-9800
    Request Owner's contact information
    4 Townsend Ave Boothbay Harbor, ME 04538
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    Boothbay Harbor, ME 04538
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4 Townsend Ave Boothbay Harbor, ME 04538
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