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224 Main Street, Bar Harbor, ME 04609

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For Sale

$2,000,000

3 baths1 half baths3,565 sqft

Estimated Payment

$      /mo.

APR for 30 years

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  • Other Residential
    Property type

  • $561.01
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Corner lot duplex in prime commercial location currently hosts 2 successful short term vacation rentals and a detached garage that was formerly the site of a popular Main Street deli. The updated duplex includes a 5-bed/2 bath upstairs unit with views of the Village Green, and a 2-bed/1.5 bath first floor unit. Both enjoy direct sidewalk access and private back doors facing the rear parking lot. The detached garage remains set up with washable walls, tile floors, updated electrical, and a Town water/sewer connection with grease interceptor, plus an empty bay useful for additional storage or parking. 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. Consider adding more dwelling units to the existing duplex, or pursuing new construction of the garage site, which includes appx. 450' sq ft of recreation space / vacant land facing Main Street. Investors may also want to look at the potential for condominiums, or the option of dividing the property and keeping one half, selling half. The site offers guaranteed foot traffic with sixty feet of total frontage on Main Street, and sixty-five feet of frontage on Atlantic Avenue. The area is surrounded by street parking and stable long term enterprises. Notice required to show.
MLS# 1611846

Courtesy Of Lynam Real Estate
227 Main Street, Bar Harbor, ME 04609
(207) 288-3334

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Dock
  • Architecture Style
    Other
  • Cooling System
    Heat Pumps
  • Floor Covering
    Carpet, Tile, Vinyl, Wood
  • Heating System
    Baseboard, Heat Pump, Hot Water, Radiant, Radiator
  • Lot Size
    0.09 Acres

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