Building Details

Building Size 6,600 SF

Listing Agency: Newcastle Realty j***@bluelobsterrealestate.com Show Phone

Listed By: Jane Gravel Show Phone

Source: Startpoint

Added: Feb 23, 2024 Changed: Aug 23 Last Checked: Aug 23 at 12:39PM

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Investment Insights

Based on property information with market context.

Located at 52 Main Street in Newcastle, this mixed-use property places a restaurant, pub, and lounge at street level, with residential and event space above. The upper residence includes 4 bedrooms and 3 bathrooms, along with private elevator access. Views extend toward the Damariscotta River.

A second-floor lounge is configured for local events and private functions. The property also includes an oversized 3-bay garage and a rental cottage, providing additional structures for future improvement or continued use. Town Center zoning supports the property’s combination of commercial and residential components.

Key Highlights

• Street‑level restaurant, pub, and lounge space
• 4‑bedroom, 3‑bath residence above the commercial space
• Private elevator connects the street level with the residence

Property Analytics

Property Profile

Current Use

Newcastle Publick House Restaurant

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Big Box & Wholesale Store Auto Parts Store Plumbing Service Storage Facility

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

Location Intelligence

Trade Area within ½ mile

379

Businesses Nearby

3k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 100%

Louis Doe Home Center Shops & Services

3,448 visits/mo 0.4 miles

Demographics for 04553, ME

1,848

Population

918

Households

2

Avg Household Size

52

Median Age

44%

College-Educated

98%

High-School Grad

29.1 sq mi

ZIP Area

64

Density / Sq Mi

$79,667

Median Household Income

$40,554

Median Earnings

$1,091

Median Rent

$406,300

Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019

7.1% 2020

6.5% 2021

6% 2022

5.7% 2023

5.6% 2024

6% 2025

Questions? Ask Rey

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What type of property is this? Where is this mixed-use properties located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Mixed-use property - Town Center zoning combines food-and-beverage space with upper-level residential and event areas.

Where is this mixed-use property located?

The property is located at 52 Main Street Newcastle, ME.

What is the asking price?

The asking price for this property is $2,495,000.

What are key features of this property?

This property features: Street‑level restaurant, pub, and lounge space; 4‑bedroom, 3‑bath residence above the commercial space; Private elevator connects the street level with the residence