Search
Multi-Tenant Office Building
For Sale
$749,000

18 Belvedere Road, Damariscotta, ME 04543

Three finished levels accommodate private office suites, shared areas, and lower-level space in a C-2 commercial district.

Property Size3,181 SF
Lot Size1.36 Acres
Price / SF$235.46
Days on Market150

Property Features for 18 Belvedere Road

General Information

Standard status Active
Size 3,181 SF
Lot size 1.36 Acres
Property subtype General Commercial
Zoning C-2

Additional Details

Road Access Yes
Office Units 11
Tenant in Place Yes
Property Use Office

Taxes and HOA fees

Annual Taxes $7,848

Building Details

Building Size 3,181 SF
Year Built 2003
Buildings 1
Stories 3
Construction Cape-style
Tenancy Multi
Listing Agency: Newcastle Realty
Listed By: Dennis Hilton
Source: Midcoasthome
Added: Jun 5 Changed: Oct 29 Last Checked: Oct 29 at 2:37PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Newcastle Realty

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 3,181-square-foot office building was constructed in 2003 and is arranged across three finished levels, including a fully utilized lower level. The current layout has 11 individual office units, private suites, and shared areas. On-site parking serves the property, which occupies a 1.36+-acre parcel in the C-2 commercial district.

The building is located at 18 Belvedere Road in Damariscotta, just off Route 1. Access is served by a newly built, landscaped roundabout. The structure sits toward one side of the parcel; expansion, additional structures, or parking changes would be subject to local approvals.

The existing configuration supports continued professional office use, counseling or medical space, or occupancy by an owner-user.

Key Highlights

  • 3,181‑square‑foot office building built in 2003
  • Configured as 11 individual office units
  • Three finished levels, including a fully utilized lower level

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Carol Sherman Hayes Foster Care Service Break of Day Mental ... Crisis Center Mayfly Designworks Architectural Designer New Hope Midcoast Crisis Center

Suggested Use

Top Pick Plumbing Service Furniture & Home Goods Grocery & Convenience Store Bakery Carpet & Flooring Store (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

11
Office units
Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

91
Businesses Nearby

Demographics for 04543, ME

2,297
Population
1,339
Households
1.7
Avg Household Size
53
Median Age
40%
College-Educated
96%
High-School Grad
12.4 sq mi
ZIP Area
185
Density / Sq Mi
$59,659
Median Household Income
$31,474
Median Earnings
$974
Median Rent
$333,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025

Frequently Asked Questions

What type of property is this?
Office building - Three finished levels accommodate private office suites, shared areas, and lower-level space in a C-2 commercial district.
Where is this office building located?
The property is located at 18 Belvedere Road Damariscotta, ME.
What is the asking price?
The asking price for this property is $749,000.
What are key features of this property?
This property features: 3,181‑square‑foot office building built in 2003; Configured as 11 individual office units; Three finished levels, including a fully utilized lower level
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved