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    OFF-MARKET
    Commercial real estate

    85 Atlantic Ave, Boothbay Harbor, ME 04538

    0.51 ac lot
    Property ID
    US42-0353434
    Property summary
    AI-generated overview

    This exceptional 0.51-acre commercial wharf property at 85 Atlantic Avenue in Boothbay Harbor, Maine, is offered for sale at $850,000. Designated as a "Working Waterfront" under permitted zoning, this property presents a unique investment opportunity. The single building sits on a paved lot with ample parking, providing convenient access and functionality. Located in the well-protected waters of Boothbay Harbor, this prime location offers excellent visibility and accessibility. The property's APN is a portion of Map 16, Lot 22, and is currently owned by the Church of Our Lady Queen of Peace. The property's classification as a Special Purpose wharf allows for a diverse range of commercial uses, making it suitable for various business ventures. A submerged land lease is available upon request, providing further potential for expansion and development. This is a rare opportunity to acquire a well-situated, established commercial wharf in a desirable Maine coastal location. The property's size and zoning regulations offer significant potential for future growth and profitability within the thriving Boothbay Harbor commercial landscape. Serious inquiries are encouraged to explore this unique investment opportunity further.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 0.51 ac (22,216 SF)
    APN A portion of Map 16, Lot 22
    UPID US42-0353434
    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
    AI Approach AI
    by Request
    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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