18 Belvedere Road, Damariscotta, ME 04543
sale
$775,000
|
Other
Courtesy Of Newcastle Square Realty Associates
87 Main Street, Damariscotta, ME 04543
Well-maintained, multi-tenant professional office building in a highly convenient Damariscotta location, just off Route 1 with excellent access via a recently constructed, nicely landscaped roundabout. This attractive Cape-style structure offers three levels of finished office space, including a fully utilized lower level, with multiple private suites, common areas, and ample on-site parking. The property is currently configured as 11 individual office units serving a mix of professional and nonprofit tenants, providing stable income with additional upside. Rents are structured on a per-office basis and reflect strong per-square-foot performance. Situated on a generous 1.36 acre parcel in the C-2 commercial district, the building is positioned toward one side of the lot, allowing for future expansion, additional structures, or reconfiguration of parking. Existing infrastructure, layout, and access support a variety of continued or expanded uses, including professional office, counseling/medical services, or owner-user occupancy. An excellent opportunity for investors, medical or professional users, or buyers seeking a combination of current income and long-term flexibility in a growing Midcoast Maine market. This is a broker-owned property.
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Property Features
- Age: 21-30 Years Old
- Amenities: Disabled Access
- Amenities: Basement
- Exterior Type: Vinyl Siding
- Exterior Type: Wood Frame
- Floor Covering: Vinyl
- Floor Covering: Carpet
- Heating System: Zoned
- Heating System: Baseboard
- Heating System: Oil
- Heating System: Hot Water(Heating)
- MLSID: 1665692
- Roof Type: Composition
- Roof Type: Shingle
- Rooms: Basement
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