

Listed by Newcastle Realty
$1,595,000
Prime Damariscotta Redevelopment Opportunity
Details
APN DAMA-000006-000000-000031
Property Type Hospitality, Mixed Use
Sub Type General Commercial
Square Footage 4,658
Net Rentable (SqFt) 6,120
Units 20
Tenancy Vacant
Class B
Year Built 1972
Buildings 1
Stories 3
Acreage 1.360
Zoning C1
Parking Spaces 20 spaces
Parking Per SqFt 4.29
Investment Type Redevelopment
Ground Lease No
Mixed Use
Marketing description
A rare opportunity to acquire a downtown Damariscotta commercial property combining Main Street visibility with approximately 150 feet of frontage on the Damariscotta River. Features an existing multi-level brick commercial building totaling approximately 4,658± square feet, together with a substantial rear parcel currently providing parking and future flexibility. Located in the C-1 Downtown Commercial District and offered vacant, the site presents exceptional optionality for continued commercial use, adaptive reuse, or redevelopment, subject to municipal approvals. Downtown properties offering river frontage, parking control, and this level of land depth are seldom available, making this a highly distinctive Main Street offering.
Investment highlights
- A rare opportunity to acquire a downtown Damariscotta commercial property combining Main Street visibility with approximately 150 feet of frontage on the Damariscotta River
- Features an existing multi-level brick commercial building totaling approximately 4,658± square feet, together with a substantial rear parcel currently providing parking and future flexibility
- Located in the C-1 Downtown Commercial District and offered vacant, the site presents exceptional optionality for continued commercial use, adaptive reuse, or redevelopment, subject to municipal approvals
- Downtown properties offering river frontage, parking control, and this level of land depth are seldom available, making this a highly distinctive Main Street offering
Listing Contacts


Listed by Newcastle Realty
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Zoning
C-1 CommercialCore CommercialDowntown Commercial
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View all 85 uses Last updated Apr 28, 2026 For deeper zoning details, reports are available at Zoneomics
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