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Middle Street Inn

Bath, ME Offered for sale at $1,325,000

This is a MUST-SEE property. It is stunning in design, totally upgraded through superb craftsmanship and has had the benefit of caring owners that make this a true investment opportunity not to be missed. It also is an ideal property for a 1031 exchange or 401K investment.

This 1843 Greek Revival with carriage house is a testament of how architecture combines beauty and utility! Meticulously renovated and transformed into an extraordinary Bed and Breakfast/Inn with as many as 7-8 units.

Currently operating with 4 well-appointed bedrooms with private baths, stunning common rooms with a blend of old and new making a comfortable environment for all, a custom Kennebec kitchen, and large outdoor porch for al-fresco dining and relaxation.

In addition, there is an 5th Inn unit on the 3rd floor; and unutilized space with separate entry that is plumbed and wired for an easy transformation to a charming “loft style” but spacious unit/rental.

The first-floor private owner's residence with a separate entrance for privacy and convenience has 2 bedrooms, 2 baths, living room with fireplace, dining room and fully appointed kitchen. It has been fully renovated and updated for unsurpassed living for owners – or it could be easily leased out for $33,000 to $36,000 in stable annualized rent income.
There is a separate carriage house that can garage 2 automobiles with space on second level for storage or other uses.

The Inn is being sold fully furnished and with benefits such as fully sprinkled, multi zone heat & air conditioning, laundry room, and backup generator, making this truly a turnkey operation and investment. There is ample parking on-site and the grounds are meticulously landscaped with many flowering trees and plants.

This property is also being marketed as a single or multifamily – for potential residential buyers who want lots of room for family and guests – and the current “owner’s” one-floor unit a perfect “in-law” apartment or rental.

Situated in the historic waterfront city of Bath with Maine Maritime Museum, shopping, beaches and an active year-round community at your doorstep, it is just 34 miles to Portland, Maine’s largest city. Come experience the simplicity, grace and detail that make this truly one-of-a-kind.

Broker’s comments: Since 2005 I have been able to preview and be involved in representing the best Maine has to offer. This Inn represents the benchmark that other Inns dream to be. Literally just move in as FF&E are all included.

For more information please contact John McCarthy (207) 522-3638 or email jmccarthy@legacysir.com

Matterport tour of the property:
https://my.matterport.com/show/?m=z8ESWpUEbPX