166 Whiskeag RdBath, ME 04530
- Other commercial real estate
- 12,533 SF
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
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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