65 Main StreetDamariscotta, ME 04543MLS Number 1549999

  • Price: $750,000
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Federal 30-year interest rate: 6.13% last updated on Jan 26, 2023
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65 Main Street Damariscotta ME 0454365 Main Street Damariscotta ME 0454365 Main Street Damariscotta ME 0454365 Main Street Damariscotta ME 0454365 Main Street Damariscotta ME 0454365 Main Street Damariscotta ME 0454365 Main Street Damariscotta ME 0454365 Main Street Damariscotta ME 0454365 Main Street Damariscotta ME 0454365 Main Street Damariscotta ME 0454365 Main Street Damariscotta ME 0454365 Main Street Damariscotta ME 0454365 Main Street Damariscotta ME 0454365 Main Street Damariscotta ME 0454365 Main Street Damariscotta ME 0454365 Main Street Damariscotta ME 0454365 Main Street Damariscotta ME 0454365 Main Street Damariscotta ME 0454365 Main Street Damariscotta ME 0454365 Main Street Damariscotta ME 0454365 Main Street Damariscotta ME 0454365 Main Street Damariscotta ME 0454365 Main Street Damariscotta ME 0454365 Main Street Damariscotta ME 0454365 Main Street Damariscotta ME 0454365 Main Street Damariscotta ME 0454365 Main Street Damariscotta ME 0454365 Main Street Damariscotta ME 0454365 Main Street Damariscotta ME 0454365 Main Street Damariscotta ME 0454365 Main Street Damariscotta ME 04543
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  • 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
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

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

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