John M. DeMatteo
$2,000,000
224 Main Street, Bar Harbor, ME, 04609
3 Full / 1 Half baths
1900
Duplex, Multi-Level
3,565 sqft
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.
Status:
Active
Type:
Multi-family
Laundry Remarks:
Laundry - 1st Floor, Upper Level, Main Level
Units:
2
Zoning:
Downtown Village II
Frontage:
125
Garage:
1-car
Heating:
Radiator, Radiant, Multi-Zones, Hot Water, Heat Pump, Baseboard
Cooling:
Heat Pump
Energy Features:
Recirculating Hot Water, Double Pane Windows, Ceiling Fans
Basement:
Full, Exterior Only, Unfinished
Parking:
1 - 4 Spaces, Paved
Acreage:
0.09
Est. Taxes:
$6,933
Construction
Shingle Siding, Fiber Cement, Wood Frame
Utilities
Utilities On
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
Amenities:
Bathtub, Shower
Pet Policy:
No Restrictions
MLS #:
1587909
Community Info
School Info
Walk Score
Mass Transit
Yelp
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Listing courtesy of Lynam Real Estate Agency