157 Main Street, Damariscotta, ME 04543
$1,450,000
Property Type:
Commercial
Square Footage:
8,238
Lot Size (sq. ft.):
7,841
Status:
Closed
Current Price:
$1,450,000
List Date:
6/25/2024
Last Modified:
1/19/2025
Description
Introducing 157 Main St, an exceptional investment opportunity in Damariscotta, ME. This historic 8,238 SF building features 12 units and boasts 100% occupancy, presenting a strong and reliable income stream for office building investors. Built in 1900 and zoned RB, this property offers a timeless appeal and strategic location. With a rich history and full occupancy, 157 Main St. represents a prime opportunity for investors seeking to capitalize on the stability and potential of the Damariscotta area.
Supplements: ********
More Information MLS# 1594656
Location Information
Book: 2637
Leased Land: No
Page: 41-42
Map: 006
Lot: 009
Association Y/N: No
Street #: 157
Street Name: Main
Street Type: Street
County: Lincoln
Town: Damariscotta
State/Province: ME
Zip Code: 04543
Zip +4: 4649
Zoning: Commercial
Full Tax Amount $: 7884
Tax Year: 2023
Geo Lat: 44.032385
Geo Lon: -69.531383
Property Information
Primary Use: General Commercial
Surveyed: No
Lot Size Acres +/-: 0.18
SqFt Finished Total: 8238
Location
Business District: 1
Near Shopping: 1
Water Info
Water View: Yes
Property Uses
Retail: 1
Water Body Type
River: 1
Parking
On Site: 1
Sold Terms Other
Arms Length: 1
Contract Information
Status: Closed
Original List Price: 1495000
Sold Price: $1,450,000
Current Price: $1,450,000
Status Change Info
Pending Date: 2024-06-25
Closed Date: 2024-08-08
Closed Price: 1450000
Property Features
Location: Business District; Near Shopping
Water Body Type: River
Property Uses: Retail
Parking: On Site
Sold Terms Other: Arms Length
Documents
Listing Office:
Keller Williams Realty
IDX
Last Updated: January - 19 - 2025
Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. Copyright ©2022 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.

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