166 Whiskeag RdBath, ME 04530

  • Other commercial real estate
  • 12,533 SF
For Sale
$5,850,000 View listing

Property Details for 166 Whiskeag Rd

Year built
1900
Construction
FRAME
Lot size
29.00 AC
Property size (Sq ft)
12,533 SF
Zone code
R3
Property type
Other commercial real estate
APN
BTTH M:15 L:009
APU
BTTHM15L009

Description

This exceptional assisted living facility, situated on a stunning 7.5-acre riverfront lot in Bath, Maine, presents a unique investment opportunity. The property, identified by APN Map 15, Lot 9, and zoned R3, encompasses a substantial 43,780 square feet of space, housing 47 private rooms and two additional one-bedroom apartments. Built in phases (1900 and 2000), the facility includes a fully equipped commercial kitchen, ensuring efficient operation. The sale includes all furniture, fixtures, and equipment (FF&E). Currently operating as an assisted living facility under the ownership of Hillhouse Inc., this property offers significant potential for continued success and growth within the thriving senior care market. Its prime location in Sagadahoc County, with the address 166 Whiskeag Rd, Bath, ME 04530, provides easy access to local amenities and services. The asking price for this remarkable property is $5,850,000. This is a rare opportunity to acquire a well-established, profitable senior living facility in a desirable location. The expansive grounds offer ample space for future expansion or enhancement of existing amenities. Detailed financial information is available upon request.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $2,371,734
    Hospitality
    $2,172,496
    Educational
    $1,807,491
    Medical
    $1,869,653
    Retail
    $2,811,652
166 Whiskeag Rd, Bath, Maine

Location Insight

City
Bath
County
Sagadahoc
State
Maine
Latitude
43.9335
Longitude
-69.837
CBSA code
38860
CBSA name
PORTLAND-SOUTH PORTLAND-BIDDEFORD, ME METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$81,691
$1,040,900
$3,792,900
$4,833,800
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