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$579,000
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Property Description
Endless Potential in Prime Business District Location Opportunity awaits with this mixed-use commercial property nestled right in the heart of the business district. Currently configured with a restaurant space on the first floor and a residential unit above, this building is ready for a bold vision and full renovation. Property Highlights: "¢ Highly Visible Location in the core of the business district-ideal for entrepreneurs and investors alike. "¢ Mixed-Use Setup: First floor previously operated as a restaurant; upstairs offers a residential space with potential for office or rental conversion. "¢ Off-Street Parking: A rare and valuable amenity for customers, tenants, or staff. "¢ Extensive Renovations Needed: Bring your contractor and creativity-this is a full rehab project. "¢ Endless Possibilities: Zoned for a wide range of uses including retail, office, hospitality, laundromat, light manufacturing, and more. The location may be rough around the edges, but the upside is undeniable. With the right upgrades, this property could be a standout hub for business or multi-use income generation. Serious inquiries only-this one's for the visionary investor ready to turn potential into profit.
Full Property Details
Full Property Details for 5 School St
General
- Price: $579,000
- Taxes: $6,273 (2024)
- Status: Active
- Type: Commercial
- Source: MREIS
- MLS ID: 1620090
- Updated: 9/5/2025
- Added to Site: 269 day(s) ago
Business
- Business Type: Church, Medical, Office Building, Retail, Special Purp
Parking
- Parking Features: Paved, Off Street
Location
- County: Sagadahoc
Structural Information
- Building Size: 3696
- Square Feet: 3,696
- Living Area: 3,696 Sq. Ft.
- Year Built: 1935
Lot Features
- Lot Size (Acres): 0.14
- Lot Size (Sq. Ft.): 6,098.4
- Zoning: Commercial
Financial Considerations
- Tax Amount: $6,273
- Tax Year: 2024
Disclosures and Reports
- Lot Number: 73
Listed by A Team Realty (207) 894-8484
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Schools
Schools serving 5 School St
School District:Regional School Unit 01
| Name | Grades | Distance |
|---|---|---|
Morse High School 826 Shipbuilder Drive, Bath, ME 04530 | 9-12 | 1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5 School St
Date
Details
Price
Change
Source
4/24/2025
Listed
$579,000
—
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 5 School St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,432
3%
$399,500
5%
2024
$6,273
8%
$380,200
11%
2023
$5,795
-2%
$342,900
18%
2022
$5,934
—
$290,900
—
2021
$5,905
1%
$290,900
—
2020
$5,818
1%
$290,900
—
2019
$5,760
-4%
$290,900
5%
2018
$6,028
2%
$276,500
—
2017
$5,903
1%
$276,500
—
2016
$5,834
2%
$276,500
—
2015
$5,724
2%
$276,500
—
2014
$5,585
3%
$276,500
—
2013
$5,430
—
$276,500
—
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 5 School St
5 School Street, Bath, ME 04530 (MLS# 1620090) is a Commercial property. 5 School Street is currently listed for $579,000 and was received on April 24, 2025. Want to learn more about 5 School Street? Do you have questions about finding other Commercial real estate for sale in Bath? You can browse all Bath real estate or contact a Coldwell Banker agent to request more information.

