Description
While...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.
- Listed by Ashley Fearon • A Team Realty
Property Details for 5 School Street
Property Details for 5 School Street
| Status | Active |
|---|---|
| MLS # | 1664493 |
| Days on Market | 5 |
| Taxes | $6,432 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Property Type | Mixed Use |
| MLS Type | Commercial / Mixed Use |
| Year Built | 1935 |
| Lot Size | 0.14 AC / 6,098 SF |
| County | Sagadahoc County |
Location
Building Information for 5 School Street
Payment Calculator
$3,023 per month
30 year fixed, 6.36% Interest
$2,487
$536
$0
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1Property Information for 5 School Street
- Zip Code: 2513
- Town: Bath
- State/Province: ME
- Zip Code: 04530
- County: Sagadahoc
- Geo Latitude: 43.91186
- Geo Longitude: -69.816783
- Tax Lot: 73
- Location:Business District: Yes
- Location:Downtown: Yes
- Tree Growth YN2: false
- Parking Features: Off Street, Paved
- Parking: Off Street, Paved3
- Tax Book Number: 2019R
- Tax Map Number: 27
- Tax Year: 2025
- Parcel Number: BTTH-000027-000000-000073
- Location Information:Association Y/N: No
- Tax Annual Amount: $6,432.00
- Lot Size Acres: 0.14
- Building Area Total: 3696.0
- Lot Size Area: 0.14
- Lot Size Units: Acres
- Lot Size Square Feet: 6098.4
- Street Number: 5
- Property Information:Surveyed: Yes
- Leased Land: No
- Property Type: Commercial
- Property Type Label: Commercial
- Property Sub-Type: Mixed Use
- Year Built: 1935
- Bathrooms Total (Integer): 0
- Bathrooms Total (Decimal): .00
- Bathrooms Total (Notational): .00
Property History for 5 School Street
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| May 29, 2026 | Listed (Active) Maine Listings #1664493 | $499,000 | — |
| Apr 4, 2025 | Expired Maine Listings #1585862 | $579,900 | — |
| Apr 4, 2024 | Listed (Active) Maine Listings #1585862 | $599,000 | — |
| Date | Event & Source | Price |
|---|---|---|
| 05/29/2026 | Listed (Active) Maine Listings #1664493 | $499,000 |
| 04/04/2025 | Expired Maine Listings #1585862 | $579,900 |
| 04/04/2024 | Listed (Active) Maine Listings #1585862 | $599,000 |
For completeness, we often displays two records for one sale: the MLS record and the public record.
Public Records for 5 School Street
Schools near 5 School Street
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | PK to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 6 to 8 |
Rating | School | Distance |
|---|---|---|
Phippsburg Elementary School PublicPK to 5 | ||
Woolwich Central School PublicPK to 8 | ||
Morse High School Public9 to 12 | ||
Bath Middle School Public6 to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of A Team Realty
Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2026 Maine Real Estate Information System, Inc. All Rights Reserved.
