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Downtown Retail/Office Space Available
For Lease
Contact for pricing

31 Centre St, Bath, ME 04530

Retail and office spaces available in historic downtown Bath.

Space SizeContact for details
Property Size21,000 SF
Days on Market1497

Property Features for 31 Centre St

General Information

Standard status Active
Size 21,000 SF
Class B
Total Parking Spaces 12
Property subtype Retail
Lease Type NNN

Building Details

Building Size 21,000 SF
Year Built 1936
Tenancy Multiple

Spaces For Lease

at 31 Centre St Contact us

Lower Level

Type
Retail
Availability
Active
Contact us
Listing Agency: Magnusson Balfour Commercial
Listed By: Mandy Reynolds · License #BR929671
Source: Crexi
Added: Jul 12, 2022 Changed: Aug 8 Last Checked: Aug 15 at 11:49PM

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 Magnusson Balfour Commercial

Investment Insights

Based on property information with market context.

Approximately 1550 square feet of space is available on the lower level, featuring two large windows. Shared use of a fully built-out bathroom including showers, a changing area, and toilets is provided. An additional space of approximately 1000 square feet is also available, formerly a white box theater. This unique space is seeking the right fit, and flexible uses may inquire. Located in the Grant Building, which features high ceilings, open-concept floor plans, and flex spaces suitable for multiple uses. The building aims to attract people daily for goods, services, gatherings, and community building. Situated on a high-traffic and pedestrian corner at the gateway to historic downtown Bath, the building is visible from the Route 1 overpass. The Grant Building, one of the largest buildings in historic downtown Bath, was built in 1936. It has served as a department store, onshore quarters, and office space for Bath Iron Works. Currently, it houses Beacon Park, an indoor community park, which received the 2020 Innovation Award from the Maine Downtown Center.

Key Highlights

  • High traffic and pedestrian corner location at the gateway to historic downtown Bath, visible from Rt. 1 overpass.
  • Space available in The Grant Building, one of historic downtown Bath’s largest buildings.
  • Flexible space suitable for multiple uses.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Big Box & Wholesale Store Daycare Center Kitchen & Bath Showroom Auto Parts Store (Bike/Boat/Book/etc) Store Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

740
Businesses Nearby
39k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 30% Shops & Services 24% Apparel 21% Groceries 17%
Burger King Dining
11,736 visits/mo 0.3 miles
Reny's Apparel
8,115 visits/mo 0.1 miles
Brackett's Market IGA Groceries
6,671 visits/mo 0.2 miles
Gulf Oil Shops & Services
3,667 visits/mo 0.4 miles
Cumberland Farms Shops & Services
2,975 visits/mo 0.4 miles

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 Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Retail and office spaces available in historic downtown Bath.
Where is this retail space located?
The property is located at 31 Centre St Bath, ME.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: High traffic and pedestrian corner location at the gateway to historic downtown Bath, visible from Rt. 1 overpass.; Space available in The Grant Building, one of historic downtown Bath’s largest buildings.; Flexible space suitable for multiple uses.
More about this property
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