About This Home

This 0-bedroom, 0-bathroom commercial at 18 Belvedere Road in Damariscotta, ME is listed for $749,000 ($235 per sqft). Built in 2003, the home offers 3,181 sqft of living space on a 1.38 acres lot.

Key Features

  • Built in 2003
  • 1.38 acre lot

Property Details

2003
Listing Description

Well-maintained, multi-tenant professional office building in a highly convenient Damariscotta location, just off Route 1 with excellent access via a recently constructed, nicely landscaped roundabout. 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.

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, allowing for future expansion, additional structures, or reconfiguration of parking. Existing infrastructure, layout, and access support a variety of continued or expanded uses, including professional office, counseling/medical services, 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 growing Midcoast Maine market. This is a broker-owned property.

Monthly Cost Estimate

$4,006/mo

20% down · 6.5% · 30 years

Principal$542
Interest$3,246
Insurance$218

Estimates only. Actual payments may vary.

Location

18 Belvedere Road

Damariscotta, ME 04543

Property Details

Flooring

CarpetVinyl

Construction

Wood Frame Vinyl Siding

Heating

BaseboardHot Water(Heating)OilZoned

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 18 Belvedere Road is listed at $749,000 ($235/sqft). The estimated monthly payment is $4,005 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 2003, 1.38 acre lot.

This property is listed by Dennis Hilton and can be reached at 2073803435.

DH

Dennis Hilton

Agent at Newcastle Square Realty Associates

(207) 380-3435
Agent website

Listed by Newcastle Square Realty Associates · Broker phone: (207) 563-1003 · View on Broker Site · Broker website

MLS# 1665692· Source: Maine Listings· 119 days on PropertySimple

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18 Belvedere Road, Damariscotta, ME 04543

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