521 Main STDamariscotta, ME 04543MLS Number 1310146

  • Price: $645,000
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Federal 30-year interest rate: 3.94% last updated on Jun 8, 2017
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 0.92Acreage
  • 1998Year Built

We are pleased to offer for sale this versatile and very well maintained investment property on Business Rt. 1 just north of Damariscotta village. It is currently fully leased and consists of 3 commercial and 4 residential units with a 9.5% cap rate. Potential for additional residential units on second floor. Neighboring businesses include Round Top Ice Cream, Central Lincoln Co. YMCA, Hammond Lumber, McDonald's and Hannaford Supermarket. Property sits on 0.92 acre and has a traffic count of 8990.

Listed by Cardente Real Estate, LLC

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Coldwell Banker American Heritage Real Estate
Office: 207-942-6773
510 Broadway
Bangor, ME 04401

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More Info

Location Information

  • Building Number521
  • StreetMain ST

Building

  • Retail Square Footage3040
  • Stories3
  • StyleColonial, Contemporary, Multi-Level, Other Style
  • Total Units7
  • Year Built1998
  • Listing TypeGeneral Commercial
  • Building ConstructionWood Frame
  • RoofShingle

Exterior

  • ExteriorAluminum Siding, Vinyl Siding

Amenities

  • AmenitiesPorch

Water Body

  • WaterfrontNo

Photos

  • Number of Photos15
  • Last Img Trans Date06/12/2017

Basic Information

  • List Price$645,000
  • MLS Number1310146
  • Address521 Main ST
  • Broker NameCardente Real Estate, LLC
  • Modification Date11/14/2017
  • StatusACT
  • Agent ID002222
  • Broker ID2515
  • SeasonalNo

Property

  • Acreage0.92
  • Road Frontage148
  • Sq Ft Finished Total11472
  • Vehicle StorageOff Street Parking
  • Traffic Count8990
  • Water ViewNo

Auction

  • KickoutNo

Other

  • Parking Spaces21+ Spaces, On Site, Paved
  • View Count1

Location

  • StateME
  • TownDamariscotta
  • Zip04543
  • High School DistrictDamariscotta
  • LocationNear Town
  • CountyLincoln
  • DrivewayPaved
  • Road Frontage DescriptionPaved, Public
  • SiteLevel, Open
  • TransportationMajor Road Access

Interior

  • Ceiling Height10

Utilities

  • Heat SystemHot Water
  • Waste Water DisposalPublic
  • WaterPublic

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