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Bath, IL Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Bath, Illinois Market population: 8K. Browse multifamily, office, retail, industrial, and mixed-use investment opportunities....

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⭐ Featured

Investment Opportunity in La Grange Park, IL

$1,190,000
La Grange Park Multifamily

This multifamily apartment property located in La Grange Park, IL, presents a compelling investment opportunity for real...

Cap Rate 7.68%
NOI $91,392
Size 5,200 SF

πŸ“Š Average Cap Rate For Bath ME Properties: 7.68%

πŸ“Š Avg Property Tax Rate For Bath ME Properties: 1.2000%

πŸ“Š Average Income For Bath ME Commercial Property: $53,419

Investor Questions For Bath ME

Common questions from investors exploring commercial real estate in Bath ME.

What's the overall investment potential of Bath, ME, considering its demographic and economic factors? +
Bath, ME offers a stable investment market, with a median household income of $53,419, a relatively low poverty rate of 10.1%, and a high health insurance coverage rate of 96.2%, indicating a reliable tenant base. The top industries, including Health Care & Social Assistance and Manufacturing, contribute to a diverse economy, while the average commute time of 20.4 minutes suggests a convenient and accessible location. Additionally, the city's ethnic diversity, with a predominant White population and a small but present foreign-born rate of 3.9%, may attract a variety of businesses and residents.
How does the local economy impact the real estate market in Bath, ME? +
The local economy in Bath, ME, driven by top industries like Health Care & Social Assistance, Retail Trade, and Manufacturing, supports a median property value of $274,400 and a median gross rent of $1,044. With an employed population of 4,194 and a median household income of $53,419, the city's economy is relatively stable, and the poverty rate of 10.1% is lower than many other areas, making it an attractive location for real estate investment. The GINI coefficient of 0.443 also suggests a moderate level of income inequality, which can impact the affordability and accessibility of housing.
What are the key factors to consider when evaluating the quality of life in Bath, ME, for real estate investment purposes? +
When assessing the quality of life in Bath, ME, investors should consider the average commute time of 20.4 minutes, which is relatively short, and the top commute methods, including driving alone and working from home, indicating flexibility and convenience. The high health insurance coverage rate of 96.2% and low poverty rate of 10.1% also contribute to a stable and secure environment, making it an attractive location for residents and, in turn, for real estate investors. Furthermore, the city's high school graduation rate of 92.2% and bachelor's degree or higher rate of 34.6% suggest a well-educated population, which can drive local economic growth and development.
How does the demographic diversity of Bath, ME, impact its real estate market and investment potential? +
The demographic diversity of Bath, ME, characterized by a predominantly White population, a small but present foreign-born rate of 3.9%, and a top ethnicity of White Non-Hispanic at 92.2%, may influence the local real estate market. The city's relatively low poverty rate of 10.1% and high health insurance coverage rate of 96.2% suggest a stable and secure environment, which can attract a variety of residents and businesses. Additionally, the median age of 43.4 and the median household income of $53,419 indicate a mature and relatively affluent population, which can drive demand for certain types of housing and amenities.
What are the implications of the housing market and property taxes in Bath, ME, for real estate investors? +
The housing market in Bath, ME, with a median property value of $274,400 and a median property tax of $3,296, presents a relatively stable and affordable investment opportunity. The homeownership rate of 68.2% suggests a strong demand for housing, while the median gross rent of $1,044 indicates a potential for rental income. Considering the city's low poverty rate of 10.1%, high health insurance coverage rate of 96.2%, and moderate average commute time of 20.4 minutes, investors can expect a relatively stable and secure tenant base, making it an attractive location for real estate investment.

Bath ME Real Estate & City Facts

Key facts and real estate information about Bath ME.

What are some of the best neighborhoods to live in Bath? +
Some of the best neighborhoods to live in Bath include Oak Grove Ave-Front St, which is a peaceful and historic neighborhood with a quiet charm and dog-friendly atmosphere. Other areas like Brunswick and Topsham are also popular for their proximity to beaches, hiking, and biking trails.
What are some fun things to do in Bath? +
There are plenty of fun things to do in Bath, including visiting the Maine Maritime Museum, taking a historical walking tour, and exploring the trails and biking routes. You can also visit the Seguin Island and Lighthouse, or check out the Bath Farmer's Market for some local produce and goods.
What is the food scene like in Bath? +
The food scene in Bath is diverse and popular, with restaurants like Water Street Kitchen and Bar, Back River Bistro, and The Cabin offering a range of cuisines. You can also find great seafood at restaurants like Anna's Water's Edge Restaurant, or try some Thai food at Best Thai II. There are also plenty of great food trucks and cafes in the area.
What are the pros and cons of living in Bath? +
The pros of living in Bath include its peaceful and historic neighborhoods, proximity to beaches and outdoor activities, and a diverse food scene. However, some cons include the potential for high property taxes and a relatively small job market. Additionally, the town can be quite quiet and may not have as much nightlife or entertainment options as larger cities.
Is Bath a good place to live? +
Overall, Bath is a great place to live for those who value a peaceful and historic small-town atmosphere, with plenty of opportunities for outdoor activities and a diverse food scene. While it may not be the best fit for everyone, particularly those looking for a more urban lifestyle, it is a wonderful choice for families, retirees, and those who want to escape the hustle and bustle of city life.
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