4 Townsend Avenue, Boothbay Harbor, ME 04538

$1,150,000
Property Type: Commercial Square Footage: 5,508 Lot Size (sq. ft.): 4,356 Status: Active
Current Price: $1,150,000 List Date: 4/22/2025 Last Modified: 12/16/2025

Description

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.

Supplements: ********

More Information MLS# 1619836

Location Information

Street #: 4 Street Name: Townsend Street Type: Avenue County: Lincoln Town: Boothbay Harbor State/Province: ME Zip Code: 04538 Zip +4: 1832 Leased Land: No Book: 5402 Page: 74 Map: 19 Lot: 158 Zoning: Downtown Business Zoning Overlay: Unknown Full Tax Amount $: 8966 Tax Year: 2024 Association Y/N: No Geo Lat: 43.851807 Geo Lon: -69.627992

Contract Information

Status: Active Original List Price: 1450000 List Price: $1,150,000 Current Price: $1,150,000

Property Information

Primary Use: General Commercial Surveyed: Unknown Year Built: 1920 SqFt Finished Total: 5508 Lot Size Acres +/-: 0.1

Utilities

Utilities On: Yes

Property Features

Location: Business District; Downtown; Near Shopping; Water View Construction: Masonry Property Uses: Executive Suites; Office Building; Retail Foundation Materials: Slab Heat System: Baseboard Heat Fuel: Oil Cooling: Central Air Building Features: Sprinkler - Wet Parking: No Parking Electric: Circuit Breakers Sewer: Public Sewer Water: Public
Listing Office: Keller Williams Realty
Last Updated: December - 16 - 2025
4 Townsend Avenue, Boothbay Harbor, ME 04538- MLS# 1619836
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