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Property profile & analytics
OFF-MARKET
Mixed-use properties

85 Parking Lot Ln Damariscotta, ME 04543

2,930 SF 0.08 ac lot Built 1959
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Mixed-use properties
Year built 1959
Total area 2,930 SF
Lot 0.08 ac (3,485 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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