220 Bristol Rd, Damariscotta, ME 04543

$1,575,000
10,314
SqFt

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Listing courtesy of Keller Williams Realty.

List Price
$1,575,000
Status
ACTIVE
Days on Market
441
MLS#
1595038
Subtype
Commercial Sale
Year Built
1950
Living Area
10,314
Lot Size
1,738,915
Acres
39.92

Property Description

Rare opportunity to acquire a prime redevelopment property in Midcoast Maine. Nestled on nearly 40 acres, the Down Easter Inn in the picturesque town of Damariscotta, Maine, is a charming retreat steeped in rich heritage. With roots dating back centuries, this esteemed establishment is listed on the National Register of Historic Places boasting a Greek Revival façade that exudes timeless elegance. The main house plays host to nine bedrooms (some with their own fireplace), reception area, impressive front porch, dining room, living room, and kitchen. 22 guest rooms were added in the 1980s, each with their own ensuite. Adjacent to the inn, the cottage offers a private retreat with two-bedrooms, living room, kitchen, and bathroom. A separate two-car garage allows for additional storage or alternate use (bike rental storage, fitness center, gift shop, etc.), and the expansive grounds are ideal for weddings, games, and other events. Conveniently located just a short drive from Pemaquid Beach, Boothbay Harbor, and other local attractions, the Down Easter Inn presents a prime investment opportunity for Maine's thriving hospitality market.

Additional Information

Taxes
$12,509
HOA Fee
$60
Zoning
Commercial
Flooring
Carpet, Vinyl, Wood
Heating
Electric, Oil, Propane, Baseboard, Direct Vent Heater, Steam, Radiator(s)
Air Conditioning
Window/Wall
Roof
Shingle
Foundation
Stone, Granite, Poured Concrete, Brick/Mortar
Parking Features
Garage
Waterfront
Yes
Waterfront Features
River

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

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