- 0.14Acreage
- 1900Year Built
Prime retail space on Main Street, Damariscotta. Presently Stars Fine Jewelry, a thriving business for over18 years. Classic coastal Maine design, in excellent condition, faithfully maintained and improved by the current owners. Entrance and egress off Main Street with double glass doors to the back just off the shop's private parking/municipal parking lot with fabulous water views. The Main Street access with an extra wide door and no steps to impede walk-in traffic making the building handicapped accessible. Four private parking places are situated on the lot, a tremendous asset. A stylishly decorated interior with an open floor plan suitable for many different kinds of commercial applications. There is a large back office and bathroom, both with windows overlooking the river. Two spacious attics provide ample storage and could potentially be converted to an apartment with water views. This section of Main Street has high foot and traffic counts, excellent visibility with other quality establishments surrounding the property there is an affluent clientele from which to draw. Damariscotta is a year-round town, not just a tourist destination; the local businesses thrive on patronage throughout the year. This property will appeal to multiple potential buyers. For the investor, a high rate of return is possible as commercial properties command high per square foot rental rates. For someone looking to start or expand their Jewelry business, this is a proven, highly profitable location, in which the building and business is available together as a package for $995,000. The business component alone is available for purchase as a shell for $225,000. Owner financing is available to qualified buyers. Also available for purchase is Stars Fine Jewelry, a business well supported and loved by the community supplying their clientele with gifts commemorating important events in their lives. Another important service offered is jewelry repair.
Listed by Legacy Properties Sotheby's International Realty
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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 Number65
- StreetMain Street
Building
- Stories1
- Year Built1900
Property
- Acreage0.14
- Sq Ft Finished Total1,764
- Leased LandNo
Legal
- Taxes$3,732
- ZoningCommercial
Tax Information
- Tax Year2,021
Location
- StateME
- TownDamariscotta
- Zip04543
- LocationDowntown
- CountyLincoln
- Map6
- Road Frontage55
Property Information
- Property UsesCommercial, Retail
Other
- Parking Spaces1 - 4 Spaces, On Site, Paved, Reserved
- View Count2
Basic Information
- List Price$750,000
- MLS Number1549999
- Address65 Main Street
- Broker NameLegacy Properties Sotheby's International Realty
- Modification Date01/27/2023
- Agent ID001039
- Broker ID2829
- MLS StatusActive Under Contract
- Property SubTypeRetail
Photos
- Number of Photos31
- Last Img Trans Date01/04/2023
Experience says it all:
Philip was totally awesome! We were looking for a summer home to be near the kids, so naturally we live out of state. He helped us find several houses that was in our price range. We started to make an offer on one but out of the blue a house we had been looking at previously, that went off the market was offered to Trulia for a day. Needless to say we jumped on it and made an offer that day and it is now ours. Philip went above and beyond to help us close on it. He handled everything and we are so thankful for having him as our agent. If we ever need an agent Philip will be the first and only agent we will call.
Albert Dennison