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:
1/08/2025
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.
Supplements: ********
More Information MLS# 1496883
Location Information
Book: 3110
Leased Land: No
Page: 71
Map: 006
Lot: 036
Zoning Overlay: Unknown
Association Y/N: No
Street #: 2
Street Name: Elm
Street Type: Street
County: Lincoln
Town: Damariscotta
State/Province: ME
Zip Code: 04543
Zoning: 12 Commercial
Full Tax Amount $: 4880
Tax Year: 2020
Geo Lat: 44.033186
Geo Lon: -69.531964
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
Lot Size Acres +/-: 0.03
Year Renovated +/-: 1997
Total # Floors: 2
Year Built: 1850
SqFt Finished Total: 1741
Location
Business District: 1
Downtown: 1
Historic District: 1
Near Shopping: 1
Property Uses
Bar/Tavern/Lounge: 1
Restaurant: 1
Construction
Masonry: 1
Basement
Crawl Space: 1
Foundation Materials
Stone: 1
Exterior
Brick: 1
Other Exterior: 1
Roof
Flat: 1
Membrane: 1
Heat System
Hot Water: 1
Cooling
Heat Pump: 1
Floors
Carpet: 1
Other: 1
Wood: 1
Parking
Off Site: 1
Paved: 1
Electric
Circuit Breakers: 1
Utilities
Utilities On: Yes
Gas
Bottled: 1
Sewer
Public Sewer: 1
Water
Public: 1
Contract Information
Status: Closed
Original List Price: 1750000
Sold Price: $1,500,000
Current Price: $1,500,000
Status Change Info
Pending Date: 2022-06-07
Closed Date: 2022-08-04
Closed Price: 1500000
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
Documents
Listing Office:
Portside Real Estate Group
IDX
Last Updated: January - 08 - 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.

Property Disclosure ›