BATH — The former Stinson Seafood cannery property is for sale.
The 65 Bowery St. property, owned by Dirigo Holdings, has a price tag of $2.5 million, according to J. Lee Nelsen, associate broker with Fishman Realty Group, which is listing the 5.6-acre site.
Bruce Poliquin, principal of Dirigo Holdings and a former Republican candidate for governor, said in a press release that he has decided to move on to other projects.
“It is very important to me that we find a viable user for the old Stinson Cannery property,” he explained. “The site has the capacity to bring jobs and tremendous economic growth to Bath and the entire Mid-Coast region.”
An arson fire followed Poliquin’s 2006 purchase of the property. He then twice approached the city, without success, about allowing residential use of the property and building condominiums.
The property is in Bath’s C5 zone, which is designated as the city’s Marine Business District and allows medium- to high-intensity marine-related commercial and industrial activities.
The site has 850 lineal feet of frontage on the Kennebec River and a deep-water pier.
“The site’s protected location, commercial-industrial zoning, deep-water access, and skilled local workforce place it at the top of a very short list of available waterfront industrial sites in the region,” Nelsen said. “We are excited to be representing such an exceptional development opportunity. It is very rare that a site like this comes along.”
Alex Lear can be reached at 373-9060 ext. 113 or email@example.com.