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224 Main Street, Bar Harbor, ME 04609
$2,000,000
224 Main Street, Bar Harbor, ME 04609View this property at 224 Main Street, Bar Harbor, ME 04609
224 Main StreetBar HarborME04609
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Property Description
Opportunity knocks at this downtown duplex on a corner lot with huge commercial potential, and potential may even exist to divide the lot. Two A-Class apartments include a 5-bed/2 bath upstairs unit with views of the Village Green, and a 2-bed/1.5 bath crib on the first floor, both successful short term rentals. The other half of the property is the former site of a popular deli and the detached garage has one empty bay, and the other converted into a 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. Good potential to add a unit or more to the existing duplex, while pursuing new construction or renovating the other half of the lot for commercial purposes (it has the garage/kitchen plus appx. 450' sq ft of recreation space / vacant land abutting Main St). 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.
Full Property Details
Full Property Details for 224 Main St
General
- Price: $2,000,000
- Taxes: $6,933 (2023)
- Status: Active
- Type: Duplex
- MLS ID: 1587909
- Updated: 5/14/2024
- Added to Site: 14 day(s) ago
Interior
- Interior Features: Bathtub, Shower
- Flooring: Wood, Vinyl, Tile, Carpet
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 3
- Half Bathrooms: 1
Other Rooms
- Laundry: Laundry - 1st Floor, Upper Level, Main Level
Parking
- Garage: Yes
- Garage Spaces: 1
- Parking Features: 1 - 4 Spaces, Paved
Location
- County: Hancock
Community
- Pets Allowed: Yes
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Heat Pump
- Heating Type: Radiator, Radiant, Multi-Zone, Hot Water, Heat Pump, Baseboard
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Utilities On
Structural Information
- Architectural Style: Duplex, Multilevel
- Construction: Shingle Siding, Fiber Cement, Wood Frame
- Roof: Shingle
- Building Size: 3565
- Square Feet: 3,565
- Living Area: 3,565 Sq. Ft.
- Finished Total: 3,565 Sq. Ft.
- Finished Above Grnd: 3,565 Sq. Ft.
- Year Built: 1900
Additional Structures
- Other Structures: Outbuilding
Lot Features
- Lot Size (Acres): 0.09
- Lot Size (Sq. Ft.): 3,920.4
- Lot Size Source: Public Records
- Street/Road Desc.: Private, Paved
- Zoning: Downtown Village II
- Lot Description: Corner Lot, Level, Right of Way, Sidewalks, Historic District, Intown, Near Golf Course, Near Public Beach, Near Shopping, Near Town, Neighborhood, Retail Strip
- Fencing (Description): Fenced
Green Features
- Energy Efficient: Recirculating Hot Water, Double Pane Windows, Ceiling Fans
Financial Considerations
- Tax Amount: $6,933
- Tax Year: 2023
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2%
- Documents Avail.: Deed Public Access, Other Public Access 1, Lead Paint Addendum Public Access, Plot Plan Public Access, Property Disclosure Public Access
- Lot Number: 487
Listed by Lynam Real Estate Agency (207) 288-3334
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Schools
Schools serving 224 Main St
School Districts:Bar Harbor School Department, Mt Desert Csd
Rating | Name | Grades | Distance |
---|---|---|---|
11 Eagle Lake Rd, Bar Harbor, ME 04609 | K-8 | 0.6 mi | |
1081 Eagle Lake Rd, Mount Desert, ME 04660 | 9-12 | 4.9 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 224 Main St
Date
Details
Price
Change
Source
5/05/2024
Listed
$2,000,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 224 Main St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$6,933
10%
$798,700
18%
2022
$6,298
5%
$675,800
10%
2021
$5,984
-10%
$614,400
10%
2020
$6,674
1%
$560,800
1%
2019
$6,580
8%
$555,300
—
2017
$6,086
22%
$555,300
19%
2016
$4,991
1%
$465,100
—
2015
$4,925
4%
$465,100
—
2014
$4,753
8%
$465,100
4%
2012
$4,394
—
$446,500
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 224 Main St
224 Main Street, Bar Harbor, ME 04609 (MLS# 1587909) is a Duplex property with 0 bedrooms, 3 full bathrooms and 1 partial bathroom. 224 Main Street is currently listed for $2,000,000 and was received on May 05, 2024. Want to learn more about 224 Main Street? Do you have questions about finding other Duplex real estate for sale in Bar Harbor? You can browse all Bar Harbor real estate or contact a Coldwell Banker agent to request more information.