Mixed-Use Property with
9 - 8 Park Street, Bath, ME 04530
For Sale
$7,300,000
Residential apartments share the building with commercial tenants, with additional parking lots on nearby streets.
Property Size98,588 SF
Price / SF$74.05
Days on Market1070
Property Features for 9 - 8 Park Street
General Information
Standard status
Size
Property subtype
Zoning
Occupancy
Additional Details
Cap Rate
Road Access
Tenant in Place
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Year Renovated
Stories
Tenancy
Listing Agency:
EXP Realty
(888) 439-8743
Listed By:
Edward Herczeg
(207) 653-6773
Source:
Integrityhomesrealestategroup
Added: Dec 8, 2023
Changed: Nov 11
Last Checked: Nov 11 at 2:09AM
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 EXP Realty
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Investment Insights
Based on property information with market context.
This mixed-use property in Bath combines residential apartments with commercial tenant space. The building dates to 1910, and renovations from 2015 to 2017 included the addition of apartments. The property is zoned R2 and sits on a lot exceeding seven acres.
Parking is available behind the building off Washington Street, with another lot across the street on Park Street. The property is currently 96% occupied and is offered at a 7% cap rate.
Parking is available behind the building off Washington Street, with another lot across the street on Park Street. The property is currently 96% occupied and is offered at a 7% cap rate.
Key Highlights
- Approximately 95,000+/- rentable square feet
- PropertySize: 98,588 square feet
- Lot exceeds 7 acres
Property Analytics
Who owns this building?
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Current Use
Lease Details
96%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
91
Businesses Nearby
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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
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Residential apartments share the building with commercial tenants, with additional parking lots on nearby streets.
Where is this mixed-use property located?
The property is located at 9 - 8 Park Street Bath, ME.
What is the asking price?
The asking price for this property is $7,300,000.
What are key features of this property?
This property features: Approximately 95,000+/- rentable square feet; PropertySize: 98,588 square feet; Lot exceeds 7 acres
