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Mixed-Use Live-Work Building
For Sale
$499,000

5 School Street, Bath, ME 04530

Ground-floor commercial space with a residential upper level, offered with deferred maintenance and customization potential.

Property Size3,696 SF
Price / SF$135.01
Days on Market113

Property Features for 5 School Street

General Information

Standard status Active
Size 3,696 SF
Property subtype Mixed Use

Taxes and HOA fees

Annual Taxes $6,432

Amenities

3
Parking.
Paved Driveway, Off Street.
0.14

Building Details

Year Built 1935
Listing Agency: A Team Realty
Listed By: Ashley Fearon · License #BR924915
Source: Xome
Added: May 15 Changed: Sep 2 Last Checked: Sep 4 at 4:07AM

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 A Team Realty

Investment Insights

Based on property information with market context.

This mixed-use building offers a classic, highly functional layout with two distinct components. The ground floor contains commercial space that was traditionally operated as a restaurant and features a storefront footprint designed for street-facing visibility. The upper level provides a private residential space with natural light and classic architectural character. The property requires some TLC and includes areas of deferred maintenance, creating room for the right buyer to refresh, remodel, and tailor the spaces to fit a preferred plan.

Located in the heart of Bath’s Central Business District, the property is described as having high visibility and heavy foot traffic year-round. It is also noted as being just steps from the Kennebec River and the waterfront district, placing the building within a high-activity coastal setting.

Key Highlights

  • 5 School Street built in 1935 with a ground‑floor commercial space and residential upper level.
  • Downstairs commercial space has a storefront layout previously operated as a restaurant, with adaptable space for retail or professional office.
  • Upper level offers residential quarters with natural light and classic architectural character.

Property Analytics

Current Use

Live-work space

Suggested Use

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

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

Location Intelligence

Trade Area within ½ mile

740
Businesses Nearby

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 Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Live-work space - Ground-floor commercial space with a residential upper level, offered with deferred maintenance and customization potential.
Where is this live-work space located?
The property is located at 5 School Street Bath, ME.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: 5 School Street built in 1935 with a ground‑floor commercial space and residential upper level.; Downstairs commercial space has a storefront layout previously operated as a restaurant, with adaptable space for retail or professional office.; Upper level offers residential quarters with natural light and classic architectural character.
More about this property
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