18 Belvedere Rd, Damariscotta, ME 04543
- $749,000
- 3,181
- SqFt
Listing courtesy of Newcastle Realty. 207-563-1003
- List Price
- $749,000
- MLS#
- 1665692
- Status
- ACTIVE
- Type
- Commercial
- City
- Damariscotta
- County
- Lincoln
- Living Area
- 3,181
- Lot Size
- 60,112
- Year Built
- 2003
Property Description
Well-maintained multi-tenant professional office building in a highly convenient Damariscotta location just off Route 1, benefiting from a newly constructed and nicely landscaped roundabout providing safe and efficient access. 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. This is a Broker owned property. 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, offering potential for future expansion, additional structures, or reconfiguration of parking, subject to local approvals. Existing layout and access support continued use as professional office, counseling or medical space, 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 desirable Midcoast Maine setting. This is a broker-owned property.
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Additional Information
- Living Area
- 3,181
- Electric
- Circuit Breakers
- Water
- Private Well
- Basement
- Walkout, Daylight, Full
- Cooling
- None
- Year Built
- 2003
- Acres
- 1.38
- Roof
- Composition, Shingle
- Foundation
- Poured Concrete
- Stories
- 3
- Courtesy Of Listing Office
- Newcastle Realty
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