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Listed by Patti Brown Newcastle Realty
$ 1,050,000
Est. payment /mo
Active
11 Water ST Damariscotta, ME 04543
2,364 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 2,364 sqft
Price per Sqft $444
MLS Listing ID 1663826
Style Post & Beam
HOA Y/N No
Year Built 1930
Tax Year 2025
Lot Size 9,583 Sqft
Acres 0.22
Property Sub-Type Mixed Use
Source Maine Listings
Land Area 2364
Property Description
Built in 1805 as the schoolhouse in Sheepscot Village, Maine, this distinctive property was relocated to the riverfront in Damariscotta in the 1950s. At that time, it was significantly enlarged and with the addition of a steeple, served as the Christian Science Church until 2010.
The building was extensively renovated and thoughtfully updated in 2011 to accommodate the restaurant Savory Maine. At that time, the addition of a dormer and two skylights transformed the unfinished attic into a bright one-bedroom apartment and the church office became a studio apartment that is a very popular Airbnb. Two expansive waterfront decks were constructed and all of the electrical wiring and plumbing was replaced. Additional upgrades include Airkrete insulation throughout the exterior walls, roof, and between floors, mini-split heat pumps in all units, a full sprinkler system, and a new roof, fascia boards, and gutters.
Today, the building offers four separate units--three one-bedroom apartments and one studio--while retaining the flexibility to accommodate a wide range of commercial or mixed-use possibilities.
Located adjacent to a large public parking lot, the property enjoys a highly visible and convenient in-town setting in the heart of downtown Damariscotta. Its prime Midcoast location places it within easy reach of destinations such as Pemaquid Point Lighthouse, Pemaquid Beach Park, Boothbay Harbor, and the Camden-Rockport area. With its rich history, extensive upgrades, and exceptional location, this is a rare commercial opportunity well-positioned to attract customers, tenants, or clients for years to come.
The building was extensively renovated and thoughtfully updated in 2011 to accommodate the restaurant Savory Maine. At that time, the addition of a dormer and two skylights transformed the unfinished attic into a bright one-bedroom apartment and the church office became a studio apartment that is a very popular Airbnb. Two expansive waterfront decks were constructed and all of the electrical wiring and plumbing was replaced. Additional upgrades include Airkrete insulation throughout the exterior walls, roof, and between floors, mini-split heat pumps in all units, a full sprinkler system, and a new roof, fascia boards, and gutters.
Today, the building offers four separate units--three one-bedroom apartments and one studio--while retaining the flexibility to accommodate a wide range of commercial or mixed-use possibilities.
Located adjacent to a large public parking lot, the property enjoys a highly visible and convenient in-town setting in the heart of downtown Damariscotta. Its prime Midcoast location places it within easy reach of destinations such as Pemaquid Point Lighthouse, Pemaquid Beach Park, Boothbay Harbor, and the Camden-Rockport area. With its rich history, extensive upgrades, and exceptional location, this is a rare commercial opportunity well-positioned to attract customers, tenants, or clients for years to come.
Location
State ME
County Lincoln
Zoning C-1
Rooms
Basement Walk-Out Access, Finished, Full
Interior
Heating Electric, Baseboard, Heat Pump
Cooling Heat Pump
Flooring Carpet, Vinyl, Wood, Ceramic Tile
Exterior
Parking Features 5 - 10 Spaces, On Site
Roof Type Shingle
Building
Lot Description Business District, Near Shopping
Entry Level Multi-Level
Foundation Poured Concrete
Water Public
Others
Tax ID DAMA-000006-000000-000006
