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Property profile & analytics
OFF-MARKET
Investment properties

5 School St Bath, ME 04530-2513

3,432 SF 0.14 ac lot Built 1935
Entity Owned 4-yr Hold Absentee Owner Free & Clear
Property ID
US42-0406597
Property summary
AI-generated overview

This exceptional mixed-use property, located at 5 School Street in Bath, Maine, presents a unique investment opportunity. The building boasts a substantial 3,696 square feet of space, intelligently divided to maximize functionality. The ground floor offers versatile retail space, perfectly suited for a variety of businesses, capitalizing on its prime location and high traffic count. The upper level comprises a spacious apartment, featuring three to four bedrooms, providing ample living space for owners or tenants. The property sits on a 0.14-acre lot and includes the convenience of off-street parking, a significant advantage in a high-traffic area. Its strategic location places it just minutes away from Bath Iron Works, ensuring consistent foot traffic and potential for strong rental income. The property is zoned C-1, offering flexibility for various commercial uses. This is an excellent chance to acquire a well-situated mixed-use building in the thriving city of Bath, offering immediate income potential and significant long-term growth prospects. The substantial square footage and prime location make this an attractive investment for both seasoned investors and those seeking a hands-on opportunity to build equity in a desirable Maine coastal city. The property is priced at $579,900.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1935
Construction FRAME
Total area 3,432 SF
Lot 0.14 ac (6,203 SF)
Zoning code C1
APN BTTH M:27 L:073
UPID US42-0406597
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
GORHAM HOLDINGS LLC
GORHAM HOLDINGS LLC
Zoning & alternative use
C1 · Bath, ME
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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