157 Main Street, Damariscotta, ME 04543 (MLS# 1594656)

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

Street #: 157 Street Name: Main Street Type: Street County: Lincoln Town: Damariscotta State/Province: ME Zip Code: 04543 Zip +4: 4649 Leased Land: No Book: 2637 Page: 41-42 Map: 006 Lot: 009 Zoning: Commercial Full Tax Amount $: 7884 Tax Year: 2023 Association Y/N: No Geo Lat: 44.032385 Geo Lon: -69.531383

Contract Information

Status: Closed Original List Price: 1495000 Sold Price: $1,450,000 Current Price: $1,450,000

Property Information

Primary Use: General Commercial Surveyed: No SqFt Finished Total: 8238 Lot Size Acres +/-: 0.18

Status Change Info

Pending Date: 2024-06-25 Closed Date: 2024-08-08 Closed Price: 1450000

Water Info

Water View: Yes

Property Features

Location: Business District; Near Shopping Water Body Type: River Property Uses: Retail Parking: On Site Sold Terms Other: Arms Length
Listing Office: Keller Williams Realty
Last Updated: January - 19 - 2025
157 Main Street, Damariscotta, ME 04543- MLS# 1594656
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