Historic Mixed-Use Waterfront
11 Water Street, Damariscotta, ME 04543
New
COMMERCIAL - Damariscotta, ME
Property size:
2,364 SFLot size:
0.22 AcresPrice / SF:
$444/SF- Added:
- May 30, 2026
- Days on Market:
- 4
- Last Refresh:
- Jun 2 at 3:06 am
Property Features for 11 Water Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- C-1
- Rooms
- Basement
- Basement
- Walk-Out Access, Finished, Full
- Standard status
- Active
- Size
- 2,364 SF
- Lot size
- 0.22 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 8197
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating), Heat Pump (Heating), Baseboard
- Cooling system
- Heat Pump
- Water source
- Public
Building Details
- Year built
- 1930
- Flooring type
- Carpet, Vinyl, Wood, Tile - Ceramic
- Building materials
- Wood Frame, Vinyl Siding
- Roof type
- Shingle
Listing agent Patti Brown (207) 530-2253
Listing office Newcastle Realty 87 Main Street, Damariscotta, ME (207) 563-1003
Listing date May 30, 2026
MLS# 1663826
Copyright © 2026 Maine Listings. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Prime waterfront location in the heart of downtown Damariscotta, adjacent to public parking, offering high visibility and convenience.
- Four separate units provide immediate rental income potential, with one unit currently a popular Airbnb.
- Extensively renovated in 2011 with significant upgrades including new electrical wiring, plumbing, roof, insulation, and mini‑split heat pumps.
- Flexible mixed‑use zoning allows for a wide range of commercial or residential possibilities.
- Unique historical property, originally built in 1805 and relocated/renovated in the 1950s and 2011, offering distinctive character.
- Two expansive waterfront decks provide desirable outdoor space and enhance the property's appeal.
Overview
This distinctive property, originally built in 1805 as a schoolhouse in Sheepscot Village, Maine, was moved to the Damariscotta riverfront in the 1950s. It was significantly enlarged and served as the Christian Science Church until 2010. In 2011, the building was extensively renovated and updated to accommodate the restaurant Savory Maine. The unfinished attic was transformed into a bright one-bedroom apartment with the addition of a dormer and two skylights, and the former church office became a studio apartment currently used as an Airbnb. Two expansive waterfront decks were constructed, and all electrical wiring and plumbing were 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. The 2,364 square foot building now offers four separate units: three one-bedroom apartments and one studio. The property retains the flexibility to accommodate a wide range of commercial or mixed-use possibilities. Situated on a 0.22-acre lot 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 location provides easy access to destinations such as Pemaquid Point Lighthouse, Pemaquid Beach Park, Boothbay Harbor, and the Camden-Rockport area. The property is zoned C-1.
Property Profile
Location Intelligence
Current Use by Public Records
Mixed-use properties
Location Insight
- Map
- Local Demand
- City
- Damariscotta
- County
- Lincoln
- State
- Maine
- Longitude
- -69.530946
- Latitude
- 44.0316531
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - Unique waterfront property in downtown Damariscotta with mixed-use potential.
Where is this mixed-use property located?
The property is located at 11 Water Street Damariscotta, ME.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: Prime waterfront location in the heart of downtown Damariscotta, adjacent to public parking, offering high visibility and convenience.; Four separate units provide immediate rental income potential, with one unit currently a popular Airbnb.; Extensively renovated in 2011 with significant upgrades including new electrical wiring, plumbing, roof, insulation, and mini‑split heat pumps.
