60 River Road, Newcastle, ME 04553

$1,385,000
Property Type: Commercial Square Footage: 7,092 Lot Size (sq. ft.): 23,958 Status: Closed
Current Price: $1,385,000 List Date: 3/31/2021 Last Modified: 1/09/2026

Overview

Description

This is an inn that checks so many boxes. Good size, view, location, owner's apartment, 2-car garage, in a quaint village in walking distance to town, open year-round, commercial kitchen, renovated, small bar, can be open to the public for dinner, can host small events, so many options. The inn has 14 very spacious guest rooms all with en-suite baths. There are 2 dining rooms, 2 living rooms, a 3-season porch, bar and den with a fireplace. Several rooms have gas fireplaces. And all guests are able to enjoy the view of the Damariscotta River from the inn's deck. This inn has been fully renovated over the years. There is a commercial kitchen the currently is just used for breakfast, but the inn used to serve dinner to the public years ago, and could once again with the appropriate license. The owner's quarters is a comfortable 1-bedroom, 1-bath apartment with gas fireplace/stove and 2-car garage.

Listing Details MLS# 1464192

Location Information

Street #
60
Street Name
River
Street Type
Road
County
Lincoln
Town
Newcastle
State/Province
ME
Zip Code
04553
Zip +4
3803
Leased Land
No
Book
4001
Page
185
Map
012
Lot
149
Zoning
Village Business
Zoning Overlay
No
Full Tax Amount $
17732
Tax Year
2019
Association Y/N
No

Contract Information

Original List Price
1450000

Property Information

Primary Use
General Commercial
Surveyed
Unknown
Deed/Conveyance Type Offered
Quit Claim w/Covenant
Deed
All
Deed Restrictions
Unknown
Bank Owned REO
No
Year Built
1860
Year Renovated +/-
2017
Total # Floors
4
SqFt Finished Total
7092
Lot Size Acres +/-
0.55

Status Change Info

Pending Date
2021-06-03
Closed Date
2021-09-30
Closed Price
1385000

Water Info

Water Frontage
No

Location

Historic District
Yes

More Information

Property Uses

Bed & Breakfast
Yes
Hotel/Motel
Yes

Recreational Water

Nearby
Yes

Construction

Wood Frame
Yes

Basement

Finished
Yes
Full
Yes
Unfinished
Yes
Walk-Out Access
Yes

Foundation Materials

Stone
Yes

Exterior

Aluminum Siding
Yes
Vinyl Siding
Yes
Wood Siding
Yes

Roof

Composition
Yes
Shingle
Yes

Heat System

Baseboard
Yes
Hot Water
Yes
Zoned
Yes

Heat Fuel

Propane
Yes

Cooling

Wall/Window Unit(s)
Yes

Floors

Laminate
Yes
Tile
Yes
Vinyl
Yes
Wood
Yes

Parking

11 - 20 Spaces
Yes

Electric

Circuit Breakers
Yes

Gas

Bottled
Yes

Sewer

Public Sewer
Yes

Water

Public
Yes

Property Features

Location: Historic District Recreational Water: Nearby Construction: Wood Frame Property Uses: Bed & Breakfast; Hotel/Motel Basement: Finished; Full; Unfinished; Walk-Out Access Foundation Materials: Stone Exterior: Aluminum Siding; Vinyl Siding; Wood Siding Roof: Composition; Shingle Heat System: Baseboard; Hot Water; Zoned Heat Fuel: Propane Cooling: Wall/Window Unit(s) Floors: Laminate; Tile; Vinyl; Wood Parking: 11 - 20 Spaces Electric: Circuit Breakers Gas: Bottled Sewer: Public Sewer Water: Public
IDX
Listing Office: Portside Real Estate Group
Selling Office: Portside Real Estate Group
Last Updated: January - 09 - 2026
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