5 School St Bath, ME 04530-2513
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C1 · Bath, MEBath. Always verify with local authorities before improvements.
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.