Sagadahock Real Estate Association was in the business of acquiring and leasing commercial property in downtown Bath as far back as the 1880s, but sold the last of its buildings on Tuesday.

Although the city discouraged gathering, Lindsey Goudreau, Bath’s marketing and communication specialist, said city leaders felt it was important to ring the historic Revere bell “to bookmark the end of a year that has been challenging and sorrowful for so many with a nice gesture to welcome the new year.”