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    FOR LEASE
    Banks

    435 Main St, Damariscotta, ME 04543

    2,700 SF 11.3 ac lot Built 2020
    Entity Owned 6-yr Hold ~ Est. High Equity
    Property ID
    US42-0699559
    Property summary
    AI-generated overview

    This exceptional commercial real estate opportunity presents a portfolio of two buildings totaling 27,525 square feet situated at 435 Main Street in Damariscotta, Maine. Currently fully vacant, this property offers significant potential for a variety of retail uses. The flexible layout allows for multiple tenants, with spaces ranging from a minimum of 5,525 square feet to a maximum contiguous space of 22,000 square feet. The property is zoned as a single-use zone (Zoning 1) and features a single-story design across both buildings. The property's diverse zoning allows for a wide range of commercial uses, including but not limited to retail, restaurants, car washes, convenience stores, day care facilities, service stations, gas stations, and bars. The property's location on Main Street in Damariscotta provides excellent visibility and accessibility, making it an ideal location for businesses seeking high foot traffic and strong community presence. The APN is 001-056-001, located in Lincoln County, Maine, zip code 04543. This is a rare opportunity to acquire a substantial retail portfolio in a thriving Maine coastal community. The entire 27,525 square feet is currently available for lease.

    Property profile
    Verified
    Property type Banks
    Use group FINANCIAL BUILDING
    Year built 2020
    Total area 2,700 SF
    Lot 11.3 ac (492,228 SF)
    Zoning code RB
    APN DAMA M:001 L:056-001
    UPID US42-0699559
    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
    • Camden National Bank Bank Loan Service
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Damariscotta Main Street LLC · 6 yrs held
    Damariscotta Main Street LLC
    since 2019
    2 recorded transactions
    2019
    1969
    Zoning & alternative use
    RB · Damariscotta, ME
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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