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$1,899,000 -$76,000 (-3.85%) Price Reduced
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Property Description
Spectacular waterfront mixed-use multi-family and commercial building with condo-style apartments in downtown Bath. This building is right on the water but has never been impacted by flooding. Additionally, the building has more than 40 parking spaces in the highly coveted downtown. Perfectly positioned in a high-traffic, vibrant pedestrian zone abutting the Bath Riverwalk and Linwood Temple Waterfront Park. This multi-use building offers a harmonious blend of modern luxury and commercial functionality, featuring: - **Four Condo-Style Apartments with Stunning Views** Each unit boasts spacious layouts with large windows over the Kennebec River, and private entries. Ideal for long or short-term rentals. - **Versatile Commercial Spaces** The first and second floors house a mix of retail, restaurant, and office units, catering to a variety of business needs. Perfect for high-end retail boutiques, trendy restaurants, and professional offices, the spaces are designed for maximum visibility and convenience. - **Waterfront Location:** Set on the picturesque Kennebec River shore, this 1976 property is built closer to the water than modern zoning allows. Additionally, a future owner may be able to install a wharf and marina in front of this property, adding tremendous value. Whether you're an investor or owner-occupant, this building combines high-demand residential space in a thriving commercial district in this fabulous waterfront location. Don't miss the chance to own this prime property! Neighboring building at 97 Commercial recently appraised for $205/SF with CAP rate of 6%, proving the strong value of this investment. Current owner has left room for growth in the residential rent roll and is open to a small portion of seller financing for a well qualified buyer with a strong offer.
Full Property Details
Full Property Details for 99 Commercial St
General
- Price: $1,899,000
- Taxes: $25,371 (2024)
- Status: Active
- Type: Commercial
- Source: MREIS
- MLS ID: 1638230
- Updated: 3/3/2026
- Added to Site: 165 day(s) ago
Business
- Business Type: Bar/Tavern/Lounge, Commercial, Freestanding Building
Interior
- Flooring: Vinyl, Tile, Laminate, Carpet
Additional Information
- Equipment: Internet Access Available
Parking
- Parking Features: 21 or More Spaces, On-Site Parking, Paved, Off Street
Location
- County: Sagadahoc
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Heat Pump
- Heating Type: Zoned, Heat Pump
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Wood Frame
- Roof: Pitched, Shingle, Tar/Gravel
- Stories/Levels: 4
- Building Size: 11683
- Square Feet: 11,683
- Living Area: 11,683 Sq. Ft.
- Year Built: 1973
Lot Features
- Lot Size (Acres): 0.59
- Lot Size (Sq. Ft.): 25,700.4
- Zoning: C1
- Lot Description: Waterfront, Water View, Downtown, Business District, Historic District, Near Shopping
Water Features
- Water Front: Yes
Financial Considerations
- Tax Amount: $25,371
- Tax Year: 2024
Disclosures and Reports
- Lot Number: 272
Listed by RE/MAX Riverside (207) 725-8505
Get Pre-Approved Today
Schools
Schools serving 99 Commercial St
School District:Regional School Unit 01
| Name | Grades | Distance |
|---|---|---|
Morse High School 826 Shipbuilder Drive, Bath, ME 04530 | 9-12 | 1.1 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 99 Commercial St
Date
Details
Price
Change
Source
3/03/2026
Price Reduced
$1,899,000
-3.85%
MLS
10/27/2025
Price Reduced
$1,975,000
-1.2%
MLS
10/06/2025
Price Reduced
$1,999,000
-4.35%
MLS
9/19/2025
Listed
$2,090,000
29.11%
MLS
4/14/2021
Sold
$1,618,750
—
Public Record
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 99 Commercial St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$25,715
1%
$1,597,200
4%
2024
$25,371
1%
$1,537,664
3%
2023
$25,153
4%
$1,488,325
26%
2022
$24,092
-7%
$1,181,000
-7%
2021
$25,822
1%
$1,272,000
—
2020
$25,442
1%
$1,272,100
—
2019
$25,186
9%
$1,272,000
20%
2018
$23,110
2%
$1,060,100
—
2017
$22,633
1%
$1,060,100
—
2016
$22,368
2%
$1,060,100
—
2015
$21,944
2%
$1,060,100
—
2014
$21,414
3%
$1,060,100
—
2013
$20,820
—
$1,060,100
—
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 99 Commercial St
99 Commercial Street, Bath, ME 04530 (MLS# 1638230) is a Commercial property. 99 Commercial Street is currently listed for $1,899,000 and was received on September 19, 2025. Want to learn more about 99 Commercial 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.

