Historic Multifamily Property with
For Sale
$1,495,000
103 South Street, Bath, ME 04530
Large Bath property with a connected residential wing, elevator, parking, and flexible redevelopment potential.
Property Size17,285 SF
Lot Size1.80 Acres
Price / SF$86.49
Days on Market122
Property Features for 103 South Street
General Information
Standard status
Active
Size
17,285 SF
Elevators
Yes
Lot size
1.80 Acres
Property subtype
Multi-family
Amenities
in-ground swimming pool
Building Details
Year Built
1830
Listing Agency:
Legacy Properties Sotheby's International Realty
Listed By:
Carrie Martin
(603) 866-2942
Source:
Profoundrealestate
Added: Apr 2
Changed: Jul 31
Last Checked: Aug 1 at 3:02AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Legacy Properties Sotheby's International Realty
Investment Insights
Based on property information with market context.
Located at 103 South Street in Bath, Maine, this multifamily property occupies a 1.8-acre corner lot and includes approximately 17,285+ square feet. The main house contains approximately 12,000+/- square feet, while a connected wing includes income-producing units. An elevator, in-ground swimming pool, and ample off-street parking are also included.
Built in 1830 by Captain Samuel Davis and later redesigned by architect Francis Fassett, the property has served as the Bath Military and Naval Orphanage, Bath Children’s Home, Patten Free Library, and a private residence. Its layout supports restoration, adaptive reuse, or redevelopment. Subject to city approval, the main house is configured to add two apartments. Protective covenants permit potential future development of up to 13 dwelling units within the existing structure, with the option for one additional dwelling unit on the property, for a potential total of 14. The covenants also allow bed and breakfast use.
Built in 1830 by Captain Samuel Davis and later redesigned by architect Francis Fassett, the property has served as the Bath Military and Naval Orphanage, Bath Children’s Home, Patten Free Library, and a private residence. Its layout supports restoration, adaptive reuse, or redevelopment. Subject to city approval, the main house is configured to add two apartments. Protective covenants permit potential future development of up to 13 dwelling units within the existing structure, with the option for one additional dwelling unit on the property, for a potential total of 14. The covenants also allow bed and breakfast use.
Key Highlights
- Approximately 17,285+ square feet on a 1.8‑acre corner lot
- Main house includes approximately 12,000+/- square feet
- Connected wing includes income‑producing units
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
746
Businesses Nearby
Explore this area
Business Placement
Demographics for 04530, ME
11,153
Population
6,162
Households
1.8
Avg Household Size
45
Median Age
43%
College-Educated
94%
High-School Grad
28.8 sq mi
ZIP Area
387
Density / Sq Mi
$78,482
Median Household Income
$42,793
Median Earnings
$980
Median Rent
$306,900
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Multifamily property - Large Bath property with a connected residential wing, elevator, parking, and flexible redevelopment potential.
Where is this multifamily property located?
The property is located at 103 South Street Bath, ME.
What is the asking price?
The asking price for this property is $1,495,000.
What are key features of this property?
This property features: Approximately 17,285+ square feet on a 1.8‑acre corner lot; Main house includes approximately 12,000+/- square feet; Connected wing includes income‑producing units
