224 Main StreetBar Harbor, ME 04609MLS Number 1587909

  • Price: $2,000,000
  • Est. Mortgage of $/month
  • 18 Days on Market
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$/month over payments
Federal 30-year interest rate: 7.02% last updated on May 16, 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.
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224 Main Street Bar Harbor ME 04609224 Main Street Bar Harbor ME 04609224 Main Street Bar Harbor ME 04609224 Main Street Bar Harbor ME 04609224 Main Street Bar Harbor ME 04609224 Main Street Bar Harbor ME 04609224 Main Street Bar Harbor ME 04609224 Main Street Bar Harbor ME 04609224 Main Street Bar Harbor ME 04609224 Main Street Bar Harbor ME 04609224 Main Street Bar Harbor ME 04609224 Main Street Bar Harbor ME 04609224 Main Street Bar Harbor ME 04609224 Main Street Bar Harbor ME 04609224 Main Street Bar Harbor ME 04609224 Main Street Bar Harbor ME 04609224 Main Street Bar Harbor ME 04609224 Main Street Bar Harbor ME 04609224 Main Street Bar Harbor ME 04609224 Main Street Bar Harbor ME 04609224 Main Street Bar Harbor ME 04609224 Main Street Bar Harbor ME 04609224 Main Street Bar Harbor ME 04609224 Main Street Bar Harbor ME 04609224 Main Street Bar Harbor ME 04609224 Main Street Bar Harbor ME 04609224 Main Street Bar Harbor ME 04609224 Main Street Bar Harbor ME 04609224 Main Street Bar Harbor ME 04609224 Main Street Bar Harbor ME 04609224 Main Street Bar Harbor ME 04609224 Main Street Bar Harbor ME 04609224 Main Street Bar Harbor ME 04609224 Main Street Bar Harbor ME 04609224 Main Street Bar Harbor ME 04609224 Main Street Bar Harbor ME 04609224 Main Street Bar Harbor ME 04609224 Main Street Bar Harbor ME 04609224 Main Street Bar Harbor ME 04609224 Main Street Bar Harbor ME 04609224 Main Street Bar Harbor ME 04609224 Main Street Bar Harbor ME 04609224 Main Street Bar Harbor ME 04609224 Main Street Bar Harbor ME 04609224 Main Street Bar Harbor ME 04609224 Main Street Bar Harbor ME 04609224 Main Street Bar Harbor ME 04609224 Main Street Bar Harbor ME 04609224 Main Street Bar Harbor ME 04609224 Main Street Bar Harbor ME 04609224 Main Street Bar Harbor ME 04609224 Main Street Bar Harbor ME 04609224 Main Street Bar Harbor ME 04609224 Main Street Bar Harbor ME 04609224 Main Street Bar Harbor ME 04609224 Main Street Bar Harbor ME 04609224 Main Street Bar Harbor ME 04609224 Main Street Bar Harbor ME 04609224 Main Street Bar Harbor ME 04609224 Main Street Bar Harbor ME 04609224 Main Street Bar Harbor ME 04609224 Main Street Bar Harbor ME 04609224 Main Street Bar Harbor ME 04609224 Main Street Bar Harbor ME 04609224 Main Street Bar Harbor ME 04609224 Main Street Bar Harbor ME 04609224 Main Street Bar Harbor ME 04609224 Main Street Bar Harbor ME 04609224 Main Street Bar Harbor ME 04609224 Main Street Bar Harbor ME 04609224 Main Street Bar Harbor ME 04609224 Main Street Bar Harbor ME 04609224 Main Street Bar Harbor ME 04609224 Main Street Bar Harbor ME 04609
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  • 3,565Square Feet
  • 0.09Acreage
  • 4Bathrooms
  • 1900Year Built

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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.
Listed by Lynam Real Estate Agency

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Basic Information

  • Documents Available Deed Public Access, Other Public Access 1, Lead Paint Addendum Public Access, Plot Plan Public Access, Property Disclosure Public Access
  • Gross Income $80,000

Basic Information

  • Agent ID019610
  • Broker ID1438
  • Broker NameLynam Real Estate Agency
  • List Price$2,000,000
  • LocationTypeBusiness District, Historic District, Intown, Near Golf Course, Near Public Beach, Near Shopping, Near Town, Neighborhood, Retail Strip
  • MLS Number1587909
  • Modification Date05/14/2024
  • Property TypeResidential Income
  • Virtual TourView Tour

Interior

  • Flooring Wood, Vinyl, Tile, Carpet
  • Interior Features Bathtub, Shower

Property Information

  • Acreage0.09
  • Lot Features
    • Corner Lot
    • Historic District
    • Intown
    • Level
    • Near Golf Course
    • Near Public Beach
    • Near Shopping
    • Near Town
    • Neighborhood
    • Retail Strip
    • Right of Way
    • Sidewalks
  • Lot Size Square Feet 3,920
  • Lot Size Units Acres
  • Site Corner Lot, Level, Right of Way, Sidewalks
  • Square Feet3,565

Other

  • Date Listed05/05/2024
  • Recreational Water Nearby

Tax Information

  • Tax Book Number 6690
  • Tax Lot487
  • Tax Map Number 104
  • Tax Year 2023
  • Taxes$6,933

Building

  • Above Grade Finished Area 3,565
  • BasementFull, Exterior Only, Unfinished
  • Building ConstructionShingle Siding, Fiber Cement, Wood Frame
  • FoundationConcrete Perimeter
  • GarageYes
  • Garage Spaces1
  • Property StyleDuplex, Multi-Level
  • Units2
  • Units Numof 2 Bd Units 1
  • Units Numof 4 Bd Units 1
  • Year Built1900

Exterior

  • Exterior Fiber Cement, Shingle Siding
  • Fencing Fenced
  • RoofShingle

Amenities

  • AmenitiesBathtub, Fence, Laundry - 1st Floor, Laundry - 2nd Floor, Shower
  • Cooling Heat Pump
  • Cooling YN Yes
  • Mls StatusActive
  • Other AmenitiesBasement, Beachfront, Fireplace

Photos

  • Number of Photos74

Parking

  • Parking Features 1 - 4 Spaces, Paved

Rooms

  • Bathroom4
  • Full Bath3
  • Half Baths1

Location

  • Address224 Main Street
  • Building Number224
  • CountyHancock
  • DrivewayPaved
  • Latitude44.386407
  • Longitude-68.203802
  • StateME
  • StreetMain Street
  • TownBar Harbor
  • Transportation Major Road Access
  • Zip04609

Property

  • Lot Size SourcePublic Records
  • Road FrontagePaved, Private, Public, Right of Way

Utilities

  • Electric Circuit Breakers
  • Gas Bottled
  • Heat System
    • Baseboard
    • Heat Pump
    • Hot Water
    • Multi-Zones
    • Radiant
    • Radiator
  • Heating FuelElectric, Oil
  • Heating YN Yes
  • Laundry Features Laundry - 1st Floor, Upper Level, Main Level
  • Sewer Public Sewer
  • Utilities Utilities On
  • Water HeaterOff Heating System
  • Water Source Public
Compass Point Real Estate
Compass Point Real Estate
Office: 207-374-5300
75 Main Street
PO Box 52
Blue Hill, ME 04614

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

Compass Point Real Estate 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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