For Sale
$1,995,000

151-155 Main St Damariscotta, ME 04543

Prime location, three tenants, restaurant included.

Overview

Added:
Feb 3
Days on market:
80
This exceptional commercial property, located at 151-155 Main Street in the heart of Damariscotta, Maine, presents a unique investment opportunity. The 8,752 square foot building boasts a prime location with convenient access from Main Street and a rear public parking lot, ensuring high visibility and accessibility for customers and employees. Currently occupied by three commercial tenants, the property includes the well-established Damariscotta River Grill, a 122-seat restaurant featuring a bar, three distinct dining areas, and an outdoor deck overlooking the scenic Damariscotta River. The restaurant's established presence provides a strong foundation for continued success and potential growth. The property sits on a 0.04-acre lot. This offering presents a rare chance to acquire a multi-tenant commercial building with a thriving restaurant in a vibrant downtown setting. Detailed financial information and lease agreements are available upon request for qualified buyers. This is an ideal investment for those seeking a stable income stream with significant upside potential in a desirable Maine coastal town. The property's strategic location and diverse tenant mix make it a compelling investment opportunity.

Property Details for 151-155 Main St

Property type
Commercial real estate
Square Feet
8,752 SF
Year Built
1900
Lot Size (sq. ft)
1,742 SF

Location Insight

City
Damariscotta
County
Lincoln
State
Maine
Latitude
44.0325
Longitude
-69.5315

FAQs

What type of property is this?
Commercial real estate - Prime location, three tenants, restaurant included.
Where is the commercial real estate located?
The property is located at 151-155 Main St Damariscotta, ME.
What is the asking price?
The asking price for this property is $1,995,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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151-155 Main St
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