11 Water Street, Damariscotta, ME 04543

This distinctive building began as the schoolhouse in Sheepscot Village and was relocated to the riverfront in Damariscotta in the 1950s. It was enlarged and later served as a Christian Science Church until 2010. After extensive renovations in 2011, the property was updated to accommodate restaurant Savory Maine and now provides four separate units: three one-bedroom apartments and one studio. A dormer and two skylights were added to transform the former unfinished attic into a bright one-bedroom apartment, while the church office was converted into the studio unit.

The property features two expansive waterfront decks and a full sprinkler system. Recent improvements include replaced electrical wiring and plumbing, Airkrete insulation throughout the exterior walls, roof, and between floors, mini-split heat pumps in all units, and a new roof with updated fascia boards and gutters. It is located adjacent to a large public parking lot, in a highly visible, convenient in-town setting in the heart of downtown Damariscotta.

With its current four-unit configuration and the stated flexibility to support commercial or mixed-use concepts, the building can fit buyers and operators seeking a mixed-use setup with multiple independent residences. The combination of substantial capital upgrades and adaptable layout supports a practical range of uses consistent with the property’s history as both a restaurant and lodging-style space.