Rarely does an opportunity arise to own a piece of Bath's vibrant, historic core with this level of versatility and exposure. Situated in the heart of Bath's thriving Central Business District, 5 School Street offers a prime location with high visibility and heavy foot traffic year-round. This property stands as an exceptional find for savvy investors, builders, or entrepreneurs looking to trade a little sweat equity for a premier piece of coastal real estate. Strong Bones & Tremendous Upside While the property requires some TLC and has areas of deferred maintenance, it boasts incredibly solid bones and a timeless structure. For the right buyer, this represents the perfect canvas to refresh, remodel, and customize a landmark downtown space to perfectly match your vision while building instant equity. The building features a classic, highly functional layout that maximizes both commercial returns and residential comfort: Downstairs Commercial Space: Traditionally operated as a successful restaurant, the ground floor offers a welcoming storefront footprint with high-impact visual displays. It features excellent street presence and a layout adaptable to continued food and beverage operations, boutique retail, or professional office space. Residential Quarters Upstairs: The upper level hosts a private residential space with great natural light and classic architectural character. This setup presents an incredible live-work opportunity for an owner-operator, or it can be renovated into a high-demand rental unit to provide a strong secondary income stream. The Location Advantage Located just steps from the Kennebec River, iconic local storefronts, and the bustling waterfront district, this property benefits from Bath's distinct mix of tight-knit community loyalty and robust seasonal tourism. Bring your vision, tools, and design ideas to 'The City of Ships' and unlock the massive potential of this rock-solid building in a premier coastal location.
Rare commercial opportunity on Route One in Bath — Maine's ''Cool Little City.'' Located in zone C4, this 4,370 square foot WITH SITE PLAN APPROVAL could be: multi-family residence, store for the sales or rentals of goods/merchandise/equipment, convenience store, bank or government building, restaurant, movie theater, animal care facility, farm stand, dry cleaner/laundromat, day care facility, greenhouse, and much more. Southbound daily traffic count is 16,440. Just 4 minutes to downtown Bath and Bath Iron Works (BIW), 12 minutes to Maine Street Brunswick, 20 minutes to downtown Wiscasset and 42 minutes to Portland International Jetport (PWM).
Prime Waterfront Investment Opportunity in Historic Bath, Maine. The Kennebec Tavern and Marina is a well-established, multi-revenue property ideally situated on the scenic Kennebec River. This rare offering includes 60± boat slip marina with a fuel dock; full-service restaurant with indoor and outdoor dining and bar areas; banquet hall and event space; buildings and land with 175 feet of waterfront; and one of the largest parking lots in the city. Strategically located on Commercial Street, which runs parallel to both the Kennebec River and Front Street—the heart of Bath's downtown business district—this property is just a short walk from shops, restaurants, galleries, parks, and municipal offices. Its prime location offers both real estate ownership and diverse income streams. Expansion & Upside Potential: A 30-slip marina expansion has already been approved by the U.S. Army Corps of Engineers and additional upside exists through the renewal of the mooring field. Why Bath? Known as The City of Ships, Bath boasts a rich maritime heritage and is home to Bath Iron Works, Maine's largest manufacturing employer and a cornerstone of U.S. naval shipbuilding for over 140 years. The city's deepwater port, just 10 miles from the Gulf of Maine, provides direct access to both coastal and inland waterways. As investment continues to move north along Maine's Mid Coast, Bath stands out with its growing population, vibrant community, and attractive entry fundamentals for investors.


Bath is located in Maine. Bath, Maine has a population of 8,718. Bath is more family-centric than the surrounding county with 26.61% of the households containing married families with children. The county average for households married with children is 25.95%.
The median household income in Bath, Maine is $60,838. The median household income for the surrounding county is $73,343 compared to the national median of $69,021. The median age of people living in Bath is 42.2 years.
The average high temperature in July is 77.8 degrees, with an average low temperature in January of 10.5 degrees. The average rainfall is approximately 49.7 inches per year, with 66.3 inches of snow per year.