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224 Main StreetBar Harbor, ME 04609Price: $2,000,000

  • Price: $2,000,000
  • Est. Mortgage of $/month
  • 134 Days on Market
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Federal 30-year interest rate: 6.2% last updated on Sep 12, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $2,000,000List Price
  • 4Bathrooms
  • 0.09Acreage
  • 3,565Square Feet

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Listed by Lynam Real Estate Agency
Downtown commercial real estate on a corner lot could be split up to make two lots, one with the duplex (a 5-bed/2 bath upstairs unit with views of the Village Green, and a 2-bed/1.5 bath flat on the first floor), and the other half is the former site of a popular deli, now a detached garage with one empty bay, and some remaining infrastructure from the commercial kitchen with washable walls, tile floors, updated electrical, and a water/sewer connection with grease interceptor. Zoning permits ALL bed-and-breakfasts and retail uses, restaurants and bars, galleries, artist studios, office buildings, a bonus dwelling unit, shared accommodations without parking requirements, and more. Investments could include adding more dwelling units to the existing duplex, and pursuing new construction or renovating the other half of the property for commercial purposes (it has the garage/kitchen plus appx. 450' sq ft of recreation space / vacant land abutting Main St). Or consider dividing and keep one half, sell the other half. This site offers guaranteed foot traffic with sixty feet frontage on Main, and sixty-five feet frontage on Atlantic. The area is surrounded by street parking and stable long term enterprises. The property has three private parking spaces behind the duplex and the available spot in the empty garage bay. One possibility is to expand up, adding more dwelling units above the garage.

Property Details of 224 Main Street

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Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, non commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. ©2024 Maine Real Estate Information System, Inc. All Rights Reserved. equal opportunity housing logo   Privacy Policy

De Raat Realty participates in ©2024 Maine Listings Internet Data Exchange program, allowing us to display other Maine IDX Participants' listings. This website does not display complete listings. Certain listings of other real estate brokerage firms have been excluded. Mortgage figures are estimates. Check with your bank or proposed mortgage company for actual interest rates. This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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