This exceptional 10,314 square foot property, situated on nearly 40 acres in the charming town of Damariscotta, Maine, presents a rare redevelopment opportunity. The property, listed on the National Register of Historic Places, features a main building with nine bedrooms (several with fireplaces), a reception area, a grand front porch, a dining room, a living room, and a kitchen. Built with a classic Greek Revival faГ§ade, the main building exudes timeless elegance and historical significance. Added in the 1980s, a separate wing provides an additional 22 guest rooms, each with its own ensuite bathroom. A charming two-bedroom cottage, complete with a living room, kitchen, and bathroom, sits adjacent to the main inn, offering additional lodging or private accommodations. A two-car garage provides ample storage space and presents versatile options for expansion, such as a bike rental facility, fitness center, or gift shop. The expansive grounds are perfect for hosting weddings, outdoor games, and other events. This property's location offers easy access to popular attractions like Pemaquid Beach and Boothbay Harbor, making it an ideal investment in Maine's thriving hospitality sector. The asking price is $1,575,000.
Commercial real estate - Prime Redevelopment Opportunity: 40 Acres, 22+ Rooms
Where is the commercial real estate located?
The property is located at 220 Bristol Rd Damariscotta, ME.
What is the asking price?
The asking price for this property is $1,575,000.
How can I contact the broker?
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Bristol Rd Damariscotta, ME 04543
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
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220 Bristol Rd
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