$ 1,050,000
-
$1,050,000
Price -
0
Bed -
4
Bath -
2,724
SqFt
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About the Listing 1434 - 018939
Built in 1805 as the schoolhouse in Sheepscot Village, Maine, this distinctive property was relocated to the riverfront in Damariscotta in the 1950s. At that time, it was significantly enlarged and with the addition of a steeple, served as the Christian Science Church until 2010. The building was extensively renovated and thoughtfully updated in 2011 to accommodate the restaurant Savory Maine. At that time, the addition of a dormer and two skylights transformed the unfinished attic into a bright one-bedroom apartment and the church office became a studio apartment that is a very popular Airbnb. Two expansive waterfront decks were constructed and all of the electrical wiring and plumbing was replaced. Additional upgrades include Airkrete insulation throughout the exterior walls, roof, and between floors, mini-split heat pumps in all units, a full sprinkler system, and a new roof, fascia boards, and gutters. Today, the building offers four separate units--three one-bedroom apartments and one studio--while retaining the flexibility to accommodate a wide range of commercial or mixed-use possibilities. Located adjacent to a large public parking lot, the property enjoys a highly visible and convenient in-town setting in the heart of downtown Damariscotta. Its prime Midcoast location places it within easy reach of destinations such as Pemaquid Point Lighthouse, Pemaquid Beach Park, Boothbay Harbor, and the Camden-Rockport area. With its rich history, extensive upgrades, and exceptional location, this is a rare commercial opportunity well-positioned to attract customers, tenants, or clients for years to come.
Listing Highlights
Status
Active
Days on Site
7
Property Type
Multi-Family
MLS ®
1663212
Year Built
1803
Total Square Footage
2,724
Lot/Acreage
0.22
County
Lincoln
Interior Details
- Bedrooms: 0
- Bathrooms: 4 Full
- Appliances: Tankless Water Heater
- Air Cond: Heat Pump
- Heating: Electric,Baseboard,Heat Pump
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 2364
- Below Ground Sq Ft: 360
- Basement: Interior,Finished,Full,Walk-Out Access
- Other:
- Water: Public
Exterior Details
- Lot Description: Rolling/Sloping,Open,Corner Lot,Intown,Near Shopping,Near Public Transit
- Garage Capacity: N/A
- Zoning: C-1
- Roof: Shingle
- Others:
- Sewer: Public Sewer
- Parking Features: Common,5 - 10 Spaces,On Site
Financial Details
- Tax Amount: $8,197
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
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Questions About..
11 Water St Damariscotta, ME 04543
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