207-778-2755Call Now272 Morrison Hill Rd, Farmington, ME

$1,150,000
MLS#: 1619836
  • Type: Commercial
  • Lot Size: 0.1 Acres
  • Year Built: 1920

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Property Details

In the heart of downtown Boothbay Harbor, The Old Bank Building offers a rare opportunity to own a piece of local history with built-in business potential. Located at the prominent intersection of Oak Street and Townsend Ave, this iconic commercial property features exceptional visibility, sidewalk frontage, and access to nearby public parking. The property includes three units: a street-level retail space with large display windows, original bank vault, and backroom storage (featuring a historic bar rumored to once be a speakeasy); a fully renovated coworking space (Our Port Workspace) with five offices, a conference room, copy center, lounge area, and kitchenette; and a second-floor office suite with four offices, break room, conference room, and large lounge area -- intentionally left vacant for an owner-user or new tenant. Recent improvements include a new roof, upgraded systems, new floors, windows, and entry doors in the retail space, and full renovation of the coworking unit with secure keypad access. The building is equipped with central air and a fire sprinkler system. The coworking business is included in the sale, offering a turnkey revenue stream from day one. With steady foot traffic, excellent visibility, and a downtown that has expanded the tourism season thanks to efforts like Coastal Maine Botanical Gardens' Gardens Aglow, this is a standout opportunity for professionals, entrepreneurs, or investors alike.

Property Listed by: Keller Williams Realty

Home Features

Bathrooms:
0
Construction:
Year Built:
1920
Heating:
Cooling:

Land Features

Electric:
Circuit Breakers
Lot Size ±:
0.1
Sewer:
Public Sewer
Zoning:
Downtown Business

Map (approximate)

Realtor MLS

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