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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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18 Belvedere Rd , Damariscotta, ME 04543
$749,000
Est. Payment: $1,664.44/mo
0 Bed
0 Bath
3181 Sqft
Status: Active | Days on site: 102
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House 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.

Highlights

Listed by Dennis Hilton , 207-380-3435 Newcastle Realty , 207-563-1003.

Property Type

Commercial Sale

Lot/Acreage
1.38

Year Built

2003

County

Lincoln

Listing ID

1665692

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Floor:Carpet,Vinyl
Basement:Walk-Out Access,Daylight,Full
Water:Private

Exterior Features

Lot:Business District,Near Shopping
Zoning:C-2
Roof:Composition,Shingle
Sewer:Private Sewer
Parking Features:11 - 20 Spaces
Principal Interest
$1,664
Taxes
$654

Home Price

$749,000

Loan Details

30 yrs
%

Down Payment

20%
$149,800
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Monthly Price:
$1,664.44

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,664.44 $654.00 $0.00 $2,318.44
Yearly $19,973.33 $7,848.00 $0.00 $27,821.33
Total $599,200.00 $235,440.00 $0.00 $834,640.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Damariscotta, ME).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.