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Multi-Tenant Office Building
New
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 Market2

Property Features for 18 Belvedere Road

General Information

Property type Commercial Sale
Property subtype Other
Zoning C-2
Rooms Basement
Basement Walk-Out Access, Full, Daylight
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 Baseboard, Hot Water(Heating), Oil, Zoned
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: Oct 15 Last Checked: Oct 16 at 2:06PM
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.

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Investment Insights

Based on property information with market context.

This 3,181-square-foot office building, constructed in 2003, contains 11 office units across three finished levels, including a lower level. The layout includes private suites and common areas, with on-site parking and an accessible approach ramp. The property is zoned C-2 and has private water and sewer service.

In Damariscotta, the building sits just off Route 1, with access from Belvedere Road. Its multi-unit configuration supports continued office occupancy or use by an owner-user.

Key Highlights

  • 3,181 square feet of office space
  • 11 office units across three finished levels, including a lower level
  • C‑2 zoning

Property Analytics

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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

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
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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 a mix of private office suites and shared areas.
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 feet of office space; 11 office units across three finished levels, including a lower level; C‑2 zoning
More about this property
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