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Multi-Tenant Office Building
For Sale
$749,000

18 Belvedere Road, Damariscotta, ME 04543

Commercial Sale, Damariscotta, ME

Property Size3,181 SF
Lot Size1.38 Acres
Price / SF$235.46
Days on Market60

Property Features for 18 Belvedere Road

General Information

Property type Commercial Sale
Property subtype Other
Zoning C-2
Rooms Basement
Basement Daylight, Full, Walk-Out Access
Accessibility Accessible Approach with Ramp
Lot features Business District, Near Shopping
Standard status Active
Size 3,181 SF
Lot size 1.38 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 7848

Utilities

Sewer type Private Sewer
Heating system Zoned, Hot Water(Heating), Baseboard, Oil
Water source Private

Building Details

Year built 2003
Flooring type Vinyl, Carpet
Building materials Wood Frame, Vinyl Siding
Roof type Composition, Shingle
Listing Agency: Newcastle Realty
Listed By: Dennis Hilton
Added: Jul 7 Changed: Sep 1 Last Checked: Sep 4 at 1:06PM
MLS# 1665692

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.

Investment Insights

Based on property information with market context.

Located at 18 Belvedere Road in Damariscotta, this 3,181-square-foot office building was constructed in 2003 and contains three finished levels, including a finished lower level. The interior is arranged as 11 individual office units with private suites and shared areas. Wood-frame construction, vinyl siding, composition shingle roofing, vinyl and carpet flooring, and zoned oil hot-water baseboard heating are in place. An accessible approach with ramp supports entry, while private water and private sewer serve the property.

The building sits just off Route 1 and is accessed through a recently constructed roundabout. On-site parking is provided. The current configuration accommodates professional and nonprofit office users, with the layout also identified for counseling or medical services and owner-user occupancy. The property is in the C-2 commercial district and includes a basement.

Key Highlights

  • 3,181‑square‑foot office building constructed in 2003
  • 11 individual office units across three finished levels
  • C‑2 commercial zoning in Damariscotta

Property 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 (Bike/Boat/Book/etc) Store Bakery Carpet & Flooring 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
Highway access
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

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Three-level professional office property with individual suites, shared areas, on-site parking, and C-2 commercial zoning.
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 constructed in 2003; 11 individual office units across three finished levels; C‑2 commercial zoning in Damariscotta
More about this property
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