Damariscotta Center Building

157 Main St Damariscotta, ME 04543

157 Main St, Damariscotta, ME, 04543
157 Main St, Damariscotta, ME, 04543 157 Main St, Damariscotta, ME, 04543 157 Main St, Damariscotta, ME, 04543 157 Main St, Damariscotta, ME, 04543 157 Main St, Damariscotta, ME, 04543 157 Main St, Damariscotta, ME, 04543 157 Main St, Damariscotta, ME, 04543 157 Main St, Damariscotta, ME, 04543 157 Main St, Damariscotta, ME, 04543 157 Main St, Damariscotta, ME, 04543 157 Main St, Damariscotta, ME, 04543 157 Main St, Damariscotta, ME, 04543 157 Main St, Damariscotta, ME, 04543 157 Main St, Damariscotta, ME, 04543 157 Main St, Damariscotta, ME, 04543 157 Main St, Damariscotta, ME, 04543 157 Main St, Damariscotta, ME, 04543 157 Main St, Damariscotta, ME, 04543 157 Main St, Damariscotta, ME, 04543 157 Main St, Damariscotta, ME, 04543 157 Main St, Damariscotta, ME, 04543 157 Main St, Damariscotta, ME, 04543 157 Main St, Damariscotta, ME, 04543 157 Main St, Damariscotta, ME, 04543 157 Main St, Damariscotta, ME, 04543 157 Main St, Damariscotta, ME, 04543 157 Main St, Damariscotta, ME, 04543 157 Main St, Damariscotta, ME, 04543 157 Main St, Damariscotta, ME, 04543 157 Main St, Damariscotta, ME, 04543 157 Main St, Damariscotta, ME, 04543 157 Main St, Damariscotta, ME, 04543 157 Main St, Damariscotta, ME, 04543 157 Main St, Damariscotta, ME, 04543 157 Main St, Damariscotta, ME, 04543 157 Main St, Damariscotta, ME, 04543
FOR SALE
Property Type:
Multi Tenant Office
Amount:
$1,495,000
Last Verified:
Jun 18, 2024

Daily Email Blast
0 times


Highlights

  • - 8,238 SF Historic Building
  • - 12 Office Units
  • - Established in 1900
  • - Zoned RB
  • - Prime Damariscotta Location
  • - 100% Occupancy
  • - Strong Income Potential
  • - Well-Maintained Property
  • - Historic Charm and Character

Description

Introducing 157 Main St, an exceptional investment opportunity in Damariscotta, ME. This historic 8,238 SF building features 12 units and boasts 100% occupancy, presenting a strong and reliable income stream for office building investors. Built in 1900 and zoned RB, this property offers a timeless appeal and strategic location. With a rich history and full occupancy, 157 Main St. represents a prime opportunity for investors seeking to capitalize on the stability and potential of the Damariscotta area.

Discover the charm of Damariscotta, a quaint town with a thriving arts scene and picturesque surroundings. Just a stone's throw from the property, enjoy the vibrant Main Street lined with boutique shops, art galleries, and inviting cafes. The location offers convenient access to the Damariscotta River, perfect for leisurely boat rides and waterfront strolls. Explore the historic charm of neighboring towns like Newcastle and indulge in the region's renowned seafood at local restaurants. With its blend of New England charm and modern amenities, the area presents a compelling opportunity for office and office building investors seeking a desirable location with a strong community atmosphere.


Year Built: 1900
Building Size: 8238sq ft
Building Class: B
Lot Size: 0.18 acres


Documents

Brochure (L)


Map of 157 Main St, Damariscotta, ME, 04543

Presented by:

Request additional information


Send a message
Share this Listing

Not Interested In This Property? TheBrokerList.com Can Help
Looking for an office, retail space, warehouse or anything else?
Contact a Licensed Member Today

What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.