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    53 Commercial St Boothbay Harbor, ME 04538

    Sponsored
    For Sale
    $849,000

    MULTI_FAMILY - Other - Boothbay Harbor, ME

    Property size:
    4,403 SF
    Lot size:
    0.23 Acres
    Days on Market:
    15
    Last Refresh:
    Jan 6 at 8:06 pm

    Property Features for 53 Commercial St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Downtown Business A
    Rooms
    Bathroom 4, Bathroom 3, Bathroom 6, Bathroom 5, Bathroom 7, Bathroom 1, Bathroom 2
    Interior features
    Storage
    Basement
    Crawl Space
    Size
    4,403 SF
    Lot size
    0.23 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Baseboard, Hot Water(Heating)
    Water source
    Public

    Building Details

    Year built
    1890
    Number of units
    6
    Flooring type
    Wood, Carpet, Vinyl
    Building materials
    Wood Siding, Vinyl Siding, Clapboard, Wood Frame
    Roof type
    Shingle
    Architectural style
    Other
    Additional Structures
    Storage

    Tim Dunham Realty (207) 729-7297 [email protected]

    Listing agent Timothy Dunham (207) 729-7297

    Listing date Dec 23, 2025

    MLS# 1640416 Listing URL

    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

    Boothbay Harbor Multifamily Investment Opportunity

    Located in downtown Boothbay Harbor, this property offers ocean and harbor views, on-site parking, and high foot and vehicle traffic. The property includes a classic New Englander building of approximately 2,900 square feet, currently configured for lodging. The former street-level retail space has been converted into a fifth short-term rental unit, in addition to two upper apartments. A detached 1,000-square-foot carriage house provides two bedrooms and one bath, bringing the total square footage across both buildings to approximately 4,400. In 2025, three of the five VRBO-style guest spaces generated approximately $70,000 in rental income. Substantial improvements since 2022 have positioned this property as a flexible live-work or investment opportunity suitable for owner-occupied lodging, boutique hospitality, or an expanded short-term rental portfolio. The property is situated on a 0.23-acre lot and offers year-round harbor living, steps away from shops and dining, with water views, versatile layouts, and in-town parking. The zoning is Downtown Business A.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Bed & breakfasts

    Suggested Use

    Realty agency Restaurant Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Auto Parts Store

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

    Similar Places Nearby

    Captain Sawyer's Bed and Breakfast, Atlantic Ark Inn, The Captain's Cottage, Sebenoa Retreat At Sprucewold, Fisherman's Wharf Inn

    Location Insight

    • Map
    • Local Demand
    City
    Boothbay Harbor
    County
    Lincoln
    State
    Maine
    Longitude
    -69.629385
    Latitude
    43.850416

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    FAQs

    What type of property is this?
    Bed & breakfast - Mixed-use property in downtown Boothbay Harbor with income potential.
    Where is this bed & breakfast located?
    The property is located at 53 Commercial St Boothbay Harbor, ME.
    What is the asking price?
    The asking price for this property is $849,000.
    What are key features of this property?
    This property features: - Prime downtown Boothbay Harbor location with **ocean/harbor views**; - Established short-term rental history with **~$70,000 in rental income (2025)**; - Configured for lodging with 5 short-term rental units in the main building
    (207) 407-9707
    Request Owner's contact information
    53 Commercial St 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
    53 Commercial St Boothbay Harbor, ME 04538
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