220 Bristol RdDamariscotta, ME 04543

Property Details for 220 Bristol Rd

Year built

1850

Lot size

39.92 AC

Property size (Sq ft)

17,556 SF

Property type

Hospitality properties

Property subtype

Other hospitality properties

Description

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.

Location Insight

City

Damariscotta

County

Lincoln

State

Maine

Latitude

44.0181

Longitude

-69.5301

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