In the heart of downtown Boothbay Harbor, The Old Bank Building offers a rare opportunity to own a piece of local history with built-in business potential. Located at the prominent intersection of Oak Street and Townsend Avenue, this iconic commercial property features exceptional visibility, sidewalk frontage, and access to nearby public parking.
The property includes three units: a street-level retail space with large display windows, bathroom, original bank vault, and backroom storage (featuring a historic bar rumored to once be a speakeasy); a fully renovated coworking space (Our Port Workspace) with five offices, a conference room, copy center, lounge area, coffee bar/kitchenette, and bathroom; and a second-floor office suite with four offices, breakroom, conference room, large lounge area, and bathroom — intentionally left vacant for an owner-user or new tenant.
Recent improvements include a new roof, upgraded mechanicals, new floors, windows, and entry doors in the retail space, and a 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 from day one. With steady foot traffic, excellent visibility, and a downtown that has expanded the tourism season thanks to efforts like Coastal Maine Botanical Gardens’ Gardens Aglow, this is a standout opportunity for professionals, entrepreneurs, or investors alike.
Property Features for 4 Townsend Avenue
General Information
Property type
Office buildings
Square Feet
5,508 SF
Price / Square Foot
$263
Elevators
N/A
Lot Size
4,356 SF
Building Details
Buildings
1
Stories
2
Units
3
HighLights
Street‑level retail space with lease through 2027
Coworking business (Our Port Workspace) included with 5 private offices, lounge, conference room, copy center, and coffee bar
Second‑floor office with four private offices, breakroom, conference room, storage room, and large lounge area
Second‑floor intentionally vacant ideal for owner‑occupant or investor to lease out or expand Our Port Workspace
No deferred maintenance
Insight Report
Location Intelligence
Current Use by Public Records
Dirty Bird Pottery ...Pottery StoreOur Port WorkspaceCoworking SpaceSeawicks Candle CompanyCandle Store
Office building - Downtown Boothbay Harbor Office/Retail Building
Where is this office building located?
The property is located at 4 Townsend Avenue Boothbay Harbor, ME.
What is the asking price?
The asking price for this property is $1,450,000.
What are key features of this property?
This property features: Street-level retail space with lease through 2027
Coworking business (Our Port Workspace) included with 5 private offices, lounge, conference room, copy center, and coffee bar
Second-floor office with four private offices, breakroom, conference room, storage room, and large lounge area
Second-floor intentionally vacant ideal for owner-occupant or investor to lease out or expand Our Port Workspace
No deferred maintenance
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4 Townsend Avenue Boothbay Harbor, ME 04538
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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.
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4 Townsend Avenue Boothbay Harbor, ME 04538
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Nicholas Farrell
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