4 Townsend AVE Active

Boothbay Harbor,ME 04538

$ 1450000

- Bed

0 Bath

5508 SqFt


Key Details

Property Type Commercial Sale

Sub Type General Commercial

Listing Status Active

Square Footage 5,508 sqft

Price per Sqft $263

MLS Listing ID 1619836

Year Built 1920

Annual Tax Amount $8,966

Tax Year 2024

Lot Size 4,356 Sqft

Property Sub-Type General Commercial

Property Description

In the heart of downtown Boothbay Harbor, The Old Bank Building offers a rare opportunity to own a piece of local history with built-in business potential. Located at the prominent intersection of Oak Street and Townsend Ave, this iconic commercial property features exceptional visibility, sidewalk frontage, and access to nearby public parking. The property includes three units: a street-level retail space with large display windows, original bank vault, and backroom storage (featuring a historic bar rumored to once be a speakeasy); a fully renovated coworking space (Our Port Workspace) with five offices, a conference room, copy center, lounge area, and kitchenette; and a second-floor office suite with four offices, break room, conference room, and large lounge area -- intentionally left vacant for an owner-user or new tenant.

Recent improvements include a new roof, upgraded systems, new floors, windows, and entry doors in the retail space, and full renovation of the coworking unit with secure keypad access. The building is equipped with central air and a fire sprinkler system. The coworking business is included in the sale, offering a turnkey revenue stream from day one. With steady foot traffic, excellent visibility, and a downtown that has expanded the tourism season thanks to efforts like Coastal Maine Botanical Gardens' Gardens Aglow, this is a standout opportunity for professionals, entrepreneurs, or investors alike.

Location

State ME

County Lincoln

Zoning Downtown Business

Interior

Heating Baseboard

Cooling Central Air

Exterior

Parking Features No Parking

Utilities Available 1

View Y/N No

Building

Lot Description Water View,Downtown,Business District,Near Shopping

Building Description Masonry, Sprinkler - Wet

Foundation Slab

Sewer Public Sewer

Water Public

Structure Type Masonry

View More
Favorite Go Tour