Commercial for Sale: 220 Bristol Road, Damariscotta, ME 04543

$1,575,000
$1,575,000
220 Bristol Road, Damariscotta, ME 04543
$1,575,000
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Price:
$1,575,000
$125,000 - 09/19/2024

Type Commercial
Square Feet 10,314 sqft
Lot Size 39.92 acres
Year Built 1950
Taxes Paid $12,509
Assoc Fee $60

City Damariscotta
County Lincoln

MLS 1595038
Status Active
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.

Room Features

Basement Description Brick/Mortar, Sump Pump, Full, Bulkhead

Lot & Building Features

Assoc Fee $60
Cooling A/C Units
Tax Year 2023
Taxes Paid $12,509

Price History of 220 Bristol Road, Damariscotta, ME

Date Name Price Difference
09/19/2024 Price Adjustment $1,575,000 7.35%
06/27/2024 Listing Price $1,700,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 220 Bristol Road, Damariscotta, ME

Location Map Street View
Photo of Heather Packard
Direct: 603-769-9168
Office
PO Box 101
Merrimack, NH 03054
603-787-3155
Listed by Keller Williams Realty, David Costello & Nicholas Farrell 207-879-9800
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220 Bristol Road (MLS #1595038) is a commercial listing located in Damariscotta, ME. This commercial listing is 10,314 sqft and on a lot of 1,738,915 sqft (or 39.92 acres) and is 74 years old. This property was listed on 06/27/2024 and has been priced for sale at $1,575,000.

Nearby zip codes are 04539, 04553, 04555, 04572 and 04573. This property neighbors other cities such as Bremen, Bristol, Newcastle, Nobleboro and South Bristol.

MREIS

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Keller Williams Realty

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, non-commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. ©2024 Maine Real Estate Information System, Inc. All Rights Reserved. This web site does not display complete Maine Listings. Certain Maine Listings of other real estate brokerage firms have been excluded.