85 Parking Lot Ln Damariscotta, ME 04543
- Mixed-use properties
- 2,930 SF
- 0.08 lot acres
Current Use by Public Records
- Mixed-use properties
Property Details for 85 Parking Lot Ln
- Year built
- 1959
- Lot size
- 0.08 lot acres
- Property size
- 2,930 SF
- Property type
- Mixed-use properties
Description
This exceptional mixed-use property in the heart of Damariscotta, Maine, presents a unique investment opportunity. Boasting 2,930 square feet on a 0.08-acre lot, this building offers stunning Damariscotta Harbor and River views. The ground floor currently operates as a fully equipped restaurant, complete with a bar, ample seating, and an outdoor deck, plus a convenient ice cream window. All restaurant equipment is included, allowing for immediate operation. Upstairs, two residential units provide additional income potential. One unit features a spacious deck with breathtaking waterfront views. The property's prime location in downtown Damariscotta ensures high visibility and accessibility. This versatile property is ideal for a creative entrepreneur seeking to combine business ownership with rental income. The existing restaurant's name and recipes are not included in the sale. This is a turnkey opportunity to own a thriving business and valuable rental properties in a highly desirable location. Don't miss this chance to acquire a piece of Damariscotta's vibrant waterfront scene. The property is priced at $999,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Damariscotta
- County
- Lincoln
- State
- Maine
- Longitude
- -69.5321
- Latitude
- 44.0326
