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Listed by Keller Williams Realty

$1,575,000

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10,314 SqFt

Active

220 Bristol RD Damariscotta, ME 04543

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Elevate Maine Realty

info@elevatemaine.com +1(207) 331-4565

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Key Details

Property Type Commercial Sale

Sub Type General Commercial

Listing Status Active

Square Footage 10,314 sqft

MLS Listing ID 1595038

HOA Fees $60/ann

HOA Y/N Yes

Year Built 1950

Annual Tax Amount $12,509

Tax Year 2023

Lot Size 39.920 Acres

Acres 39.92

Property Sub-Type General Commercial

Source Maine Listings

Property Description

Rare opportunity to acquire a prime redevelopment property in Midcoast Maine. Nestled on nearly 40 acres, the Down Easter Inn in the picturesque town of Damariscotta, Maine, is a charming retreat steeped in rich heritage. With roots dating back centuries, this esteemed establishment is listed on the National Register of Historic Places boasting a Greek Revival façade that exudes timeless elegance. The main house plays host to nine bedrooms (some with their own fireplace), reception area, impressive front porch, dining room, living room, and kitchen. 22 guest rooms were added in the 1980s, each with their own ensuite. Adjacent to the inn, the cottage offers a private retreat with two-bedrooms, living room, kitchen, and bathroom. A separate two-car garage allows for additional storage or alternate use (bike rental storage, fitness center, gift shop, etc.), and the expansive grounds are ideal for weddings, games, and other events. Conveniently located just a short drive from Pemaquid Beach, Boothbay Harbor, and other local attractions, the Down Easter Inn presents a prime investment opportunity for Maine's thriving hospitality market.

Location

State ME

County Lincoln

Zoning Commercial

Rooms

Basement Brick/Mortar, Bulkhead, Full, Sump Pump

Interior

Heating Steam, Radiator, Direct Vent Heater, Baseboard

Cooling Wall/Window Unit(s)

Flooring Wood, Vinyl, Carpet

Exterior

Parking Features 21+ Spaces

View Y/N No

Roof Type Shingle

Garage Yes

Building

Lot Description Downtown

Foundation Stone, Granite, Concrete Perimeter, Brick/Mortar

Sewer Septic Tank, Private Sewer

Water Public

Structure Type Wood Siding,Clapboard,Aluminum Siding,Wood Frame

Others

HOA Fee Include 60.0

Energy Description Propane, Oil, Electric

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(207) 331-4565

info@elevatemaine.com

211 US-1, Falmouth, ME, 04105-1301, USA