2 Elm Street, Damariscotta, ME 04543

$1,500,000
Property Type: Commercial Square Footage: 1,741 Lot Size (sq. ft.): 1,307 Status: Closed
Current Price: $1,500,000 List Date: 8/05/2022 Last Modified: 1/09/2026

Overview

Description

This historic building has been home to many interesting businesses over its 100+ years and has long been a staple in the Damariscotta community as well as to tourists over the years. Today, its warmth draws the visitor into the first floor pub with brick walls, handsome cherry floors and low beams hung with old iron hooks holding handmade mugs. Customers can fill one of the mugs with handcrafted brews from right here in Maine, or England, Ireland or one of the many renowned breweries in between! The extensive menu and daily offerings of native seafood, steaks, cuts from the butcher, and fresh produce provide just the right pairing. Step upstairs to the warm and comfortable dining room and peruse a ''wine lovers'' wine list, the same extensive menu and handmade desserts offered in the Pub. The oyster bar is aptly named for the local Damariscotta River oysters that are served in the intimate little bar. So be it in the Pub, up a few steps to the Oyster Bar or up a few more steps to the Dining Room, customers enjoy some of the freshest, most creative and comfortable dining on the Mid Coast in a welcoming old village setting. This is a very busy restaurant, open year-round, with a very good reputation. They serve lunch and dinner, but new owners could open for breakfast and see immediate additional revenue. There are a total of 84 seats inside and 20 on the front patio with umbrella tables. Patio heaters are added for chilly weather. The staff and customers are very loyal to this establishment! Financials provided with signed NDA and only to qualified buyers.

Listing Details MLS# 1496883

Location Information

Street #
2
Street Name
Elm
Street Type
Street
County
Lincoln
Town
Damariscotta
State/Province
ME
Zip Code
04543
Leased Land
No
Book
3110
Page
71
Map
006
Lot
036
Zoning
12 Commercial
Zoning Overlay
Unknown
Full Tax Amount $
4880
Tax Year
2020
Association Y/N
No

Contract Information

Original List Price
1750000

Property Information

Primary Use
General Commercial
Surveyed
Unknown
Deed/Conveyance Type Offered
Warranty
Other Deed/Conveyance Type Offered
Municipal Quit Claim
Deed
All
Deed Restrictions
Unknown
Year Built
1850
Year Renovated +/-
1997
Total # Floors
2
SqFt Finished Total
1741
Lot Size Acres +/-
0.03

Status Change Info

Pending Date
2022-06-07
Closed Date
2022-08-04
Closed Price
1500000

Utilities

Utilities On
Yes

Location

Business District
Yes
Downtown
Yes
Historic District
Yes
Near Shopping
Yes

More Information

Property Uses

Bar/Tavern/Lounge
Yes
Restaurant
Yes

Construction

Masonry
Yes

Basement

Crawl Space
Yes

Foundation Materials

Stone
Yes

Exterior

Brick
Yes
Other Exterior
Yes

Roof

Flat
Yes
Membrane
Yes

Heat System

Hot Water
Yes

Cooling

Heat Pump
Yes

Floors

Carpet
Yes
Other
Yes
Wood
Yes

Parking

Off Site
Yes
Paved
Yes

Electric

Circuit Breakers
Yes

Gas

Bottled
Yes

Sewer

Public Sewer
Yes

Water

Public
Yes

Property Features

Location: Business District; Downtown; Historic District; Near Shopping Construction: Masonry Property Uses: Bar/Tavern/Lounge; Restaurant Basement: Crawl Space Foundation Materials: Stone Exterior: Brick; Other Exterior Roof: Flat; Membrane Heat System: Hot Water Cooling: Heat Pump Floors: Carpet; Other; Wood Parking: Off Site; Paved Electric: Circuit Breakers Gas: Bottled Sewer: Public Sewer Water: Public
Listing Office: Portside Real Estate Group
IDX
Last Updated: January - 09 - 2026
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