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Downtown Restaurant Building

56 Centre Street, Bath, ME 04530

For Sale
$165,000

The 1920 building is configured for restaurant use within Bath’s Downtown Commercial District.

Property Size382 SF
Price / SF$431.94
Days on Market1247

Property Features for 56 Centre Street

General Information

Standard status Active
Size 382 SF
Property subtype Commercial
Zoning C1

Taxes and HOA fees

Annual Taxes $1,677

Building Details

Building Size 382 SF
Year Built 1920
Buildings 1
Stories 1
Listing Agency: RE/MAX Shoreline
Listed By: Kristen Hintze · License ME #926146
Source: Integrityhomesrealestategroup
Added: Jun 14, 2023 Changed: Nov 11 Last Checked: Nov 10 at 5:43PM

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 RE/MAX Shoreline

Rey
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Investment Insights

Based on property information with market context.

Located at 56 Centre Street in Bath, this 1920 building is currently configured as a restaurant. The property is zoned C1 and is offered for sale.

The building sits in Bath’s Downtown Commercial District, which serves retail, business, and visitor-oriented activity across the city and region. Centre Street receives pedestrian and vehicle traffic, and the district is described as a year-round retail and business center.

Key Highlights

  • Restaurant configuration in a 1920 building
  • C1 zoning
  • 56 Centre Street address in Bath’s Downtown Commercial District

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Conventional restaurants

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
39k
Monthly Visits Nearby
Under-served
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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

Frequently Asked Questions

What type of property is this?
Conventional restaurant - The 1920 building is configured for restaurant use within Bath’s Downtown Commercial District.
Where is this conventional restaurant located?
The property is located at 56 Centre Street Bath, ME.
What is the asking price?
The asking price for this property is $165,000.
What are key features of this property?
This property features: Restaurant configuration in a 1920 building; C1 zoning; 56 Centre Street address in Bath’s Downtown Commercial District
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