For Sale
$1,575,000

220 Bristol Rd Damariscotta, ME 04543

Charming Inn, 25 Keys, 40 Acres

Overview

Added:
Dec 11, 2024
Days on market:
134
This exceptional investment opportunity presents the Down Easter Inn, a historic property listed on the National Register of Historic Places. Located in Damariscotta, Maine, on over 39 acres, this inn boasts 25 guest rooms, each with a private ensuite bathroom. The main building, dating back to 1850, features a Greek Revival facade and includes nine bedrooms (three with private baths, several with fireplaces), a reception area, dining room, living room, and kitchen. A separate two-bedroom cottage provides additional lodging. A two-car garage offers versatile space for storage, a fitness center, or other amenities. The expansive grounds are perfect for weddings and events. With 17,556 square feet across three buildings, this property offers significant potential for further development and expansion within Maine's thriving hospitality market. The asking price is $1,575,000, representing $89.71 per square foot and $63,000 per key. Conveniently located near Pemaquid Beach and Boothbay Harbor, this inn presents a rare chance to acquire a well-established business with substantial growth potential.

Highlights

  • 25 guest rooms, each with a private ensuite bathroom.
  • Separate two-bedroom cottage.
  • Nine additional bedrooms in the main building, suitable for staff or owner housing.
  • 39+ acres offering expansion potential.
  • Ideal location for weddings and events.

Property Details for 220 Bristol Rd

Property type
Hospitality properties, Bed & breakfasts
Square Feet
17,556 SF
Year Built
1850
Buildings
3
Lot Size (sq. ft)
1,738,915 SF

Location Insight

City
Damariscotta
County
Lincoln
State
Maine
Latitude
44.018135347532
Longitude
-69.530088957847

FAQs

What type of property is this?
Hospitality property - Charming Inn, 25 Keys, 40 Acres
Where is the hospitality property 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.
What are key features of this property?
This property features: 25 guest rooms, each with a private ensuite bathroom.; Separate two-bedroom cottage.; Nine additional bedrooms in the main building, suitable for staff or owner housing.
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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220 Bristol Rd
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