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W W W. M A I N E B I Z . B I Z 11 M AY 1 3 , 2 0 2 4 rooms for primary care and men- tal health services, allowing greater efficiency for staff and improved patient flow. Lab services are acces- sible from lobby areas. N O T E W O R T H Y N O R T H E R N & E A S T E R N Katahdin Bankshares Corp., the parent company of Katahdin Trust Co. in Houlton, announced 2024 first-quarter earnings of $2.04 mil- lion or 64 cents per common share. Total assets for the bank remained above $1 billion and strong asset quality continued even though net income was down 18% from the same period in 2023. U.S. Sens. Susan Collins and Angus King announced that the University of Maine in Orono was awarded $2.5 million in funding from the National Science Foundation to create pathways for recruiting rural students and support the retention and graduation of high-achieving, low-income marine science students with demonstrated financial need at the university. In-Town Commercial Boothbay Harbor, Maine 3,245 +/- sq.ft. One of Boothbay Harbor's most iconic commer- cial spaces is available for the first time since the 1950s. The property formerly housed a re- tail business, which attracted walk-in and local patronage in the heart of downtown Boothbay Harbor. With classic style and abundant pedes- trian traffic, this property makes a great foun- dation for one of the many allowed uses in the Downtown Business district. $869,000 TindalandCallahan.com | 32 Oak Street, Boothbay Harbor | 207-633-6711 FEATURED LISTINGS IN THE MIDCOAST Downtown Cafe Boothbay Harbor, Maine 700 +/- sq.ft. This well-established café has high foot traffic in a spectacular waterf ront setting. The establish- ment offers a waterside porch overlooking the harbor, inside dining, & patio dining. Historically a breakfast and lunch business there is opportu- nity for growth and additional revenue. Current- ly operated seasonally, the business has a loyal following with local and summer visitors. A turn- key business in a beautiful seaside setting. $795,000 Multi-Unit Commercial Boothbay, Maine 4,000 +/- sq.ft. Located at the gateway of Boothbay, this multi- use commercial building offers high exposure, on-site parking, town water and sewer, with 4 separate business rentals and 1 owner's storage area. Use the building for your own office or en- joy the income and use the storage space. This prime location is minutes f rom Boothbay Har- bor, the Country Club, the Botanical Gardens, and other area attractions. $789,000 The Uptown, with 60 apartments, opens in downtown Bath B y L a u r i e S c h r e i b e r N early two years after breaking ground, the Szanton Co. of Portland opened a $12 million housing development in downtown Bath called the Uptown. Located at 26 Summer St., the Uptown features new construction, adaptive reuse, rehab of existing housing, historic preservation and commercial space. It has 60 units of much-needed rental housing. "There is a housing crisis in the state and Bath is no exception," said Mary Ellen Bell, chair of the Bath City Council. "The Uptown project builds density in the downtown, recre- ates underutilized space and provides attainable housing for some of our older residents, all the while honoring goals set out in our newly completed comprehensive plan." Of the 60 units, 50 are newly built and 10 are modern- izations of existing units. Eighteen will be rented at market rate and 42 are for low-income tenants. Rents range from $794 to $1,495, depending on income. All of the apartments are reserved for tenants aged 55 or older. The project was performed in partnership with Bath Housing Development Corp. The Uptown was designed by Archetype Architects of Portland and built by Hebert Construction of Lewiston and Portland. Financing was provided by MaineHousing, Evernorth, TD Bank, Coastal Enterprises Inc. and the city of Bath. The project included the rehabilitation of the two historic buildings, which had existing residential and commercial space, and the addition of loft-style apartments and communal space. The majority of apartments were constructed on the vacant lot. Resident access between the historic buildings and the new con- struction wing is provided by a glass and steel enclosed walkway. "It's been a challenging project, juggling different aspects and timelines while switching between a historic mindset and modern building practices," said Amy Cullen, Szanton's vice president and project manager. The project involved the redevelopment of the Moses and Columbia Block buildings, both designed by John Calvin Stevens, a noted Maine architect, and constructed in 1893. The buildings have served variously as retail space, a theater and a YMCA. In 1984, the Y moved and apartments were added to the Moses building. P ROV I D E D P H O T O / A R C H E T Y P E A R C H I T E C T S B R I E F The Uptown created new residential units for people 55 plus.

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