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Property profile & analytics
FOR SALE
Hospitality properties

220 Bristol Rd Damariscotta, ME 04543

17,556 SF 39.92 ac lot Built 1850
Property ID
US42-0134567
Property summary
AI-generated overview

This exceptional investment opportunity presents the Down Easter Inn, a historic property listed on the National Register of Historic Places. Located in Damariscotta, Maine, on over 39 acres, this inn boasts 25 guest rooms, each with a private ensuite bathroom. The main building, dating back to 1850, features a Greek Revival facade and includes nine bedrooms (three with private baths, several with fireplaces), a reception area, dining room, living room, and kitchen. A separate two-bedroom cottage provides additional lodging. A two-car garage offers versatile space for storage, a fitness center, or other amenities. The expansive grounds are perfect for weddings and events. With 17,556 square feet across three buildings, this property offers significant potential for further development and expansion within Maine's thriving hospitality market. The asking price is $1,575,000, representing $89.71 per square foot and $63,000 per key. Conveniently located near Pemaquid Beach and Boothbay Harbor, this inn presents a rare chance to acquire a well-established business with substantial growth potential.

Property profile
Verified
Property type Hospitality properties
Year built 1850
Total area 17,556 SF
Lot 39.92 ac (1,738,915 SF)
UPID US42-0134567
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
Current use
Occupant on record · Public records
  • Down Easter Inn Hotel & Motel Bed & Breakfast
  • Huston House Tour Operator
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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