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Listed by Keller Williams Realty
$1,450,000
5,508 SqFt
UPDATED:
Key Details
Property Type Commercial Sale
Sub Type General Commercial
Listing Status Active
Square Footage 5,508 sqft
MLS Listing ID 1619836
HOA Y/N No
Originating Board Maine Listings
Year Built 1920
Annual Tax Amount $8,966
Tax Year 2024
Lot Size 4,356 Sqft
Acres 0.1
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.
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
Others
Energy Description Oil
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