Damariscotta, ME
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    Damariscotta, ME Short Term Rental Properties for Sale

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    Newcastle, ME Bristol, ME Nobleboro, ME
    Historic Mixed-Use Building with Waterfront Decks
    $1,050,000
    2,364 SF
    Historic Mixed-Use Building with Waterfront Decks

    11 Water Street, Damariscotta, ME 04543

    Four-unit mixed-use building with waterfront decks, updated mechanicals, and C-1 zoning for flexible operating options.
    • Historic building built in 1803, originally as a schoolhouse in Sheepscot Village, later relocated to riverfront Damariscotta in the 1950s
    • Renovated and updated in 2011 with improvements including electrical wiring and plumbing replacement, plus Airkrete insulation throughout exterior walls, roof, and between floors
    • 4 separate units: three 1‑bedroom apartments and one studio (includes a church office studio apartment)
    • Added dormer and two skylights during 2011 renovation to convert an unfinished attic into a bright one‑bedroom apartment
    • Comfort systems include mini‑split heat pumps in all units and cooling via heat pump
    Updated: Jun 5
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    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Damariscotta, ME, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

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    Downtown Rockland Multi-Use Commercial Building
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    Downtown Rockland Multi-Use Commercial Building

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    Downtown Rockland Multi-Use Building
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    Downtown Rockland Multi-Use Building

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    Two-Unit Condo with ADU Potential
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    Two-Unit Condo with ADU Potential

    Modern two-unit condo with flexible ADU, ideal for investors.

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    Damariscotta, ME Short Term Rental Properties Investment Opportunities Market Analysis

    Explore 1 short term rental properties for sale in Damariscotta, ME on our real estate platform. These investment opportunities span a total of 2,364 square feet of properties for sale, with an estimated market value of $1,050,000.

    Sale prices for short term rental properties in Damariscotta, ME start at $1,050,000, averaging $1,050,000, and reaching up to $1,050,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Quadplexes 1
    Short term rental properties 1

    Demographics Overview

    Population 2,249
    Population Growth (5Y) +10.9%
    Median Household Income $59,659
    College Educated 58.8%

    Taxes & Financing

    Tax Rate (average for all types) 1.66%
    Property Tax per SF $31.33 per sq ft
    Tax Rate vs County Average 0.39 pp above county avg
    Average Loan-to-Value 65.0%

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    Average Price per SF — Office

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