Price $1,545,000
Status Active
Size 20,240 sqft
Lot Size 2.72 ac
Amazing opportunity for an adaptive housing redevelopment, continued function as a mixed-useproperty, or master plan development on Newcastle's premier site poised for investment.The Property consists of four parcels- (1) A 1.0+/- acre parcel improved by a two-story flex office buildingtotaling 20,240 +/- SF. (2) A 0.78+/- acre parcel improved by a two-story 'Captain's House' buildingtotaling 2,794 +/- SF. (3) A 0.69+/- acre unimproved lot. (4) A 0.25+/- acre unimproved parcel offering wateraccess to the Damariscotta River. All four parcels total 2.72+/- acres, which 2.47+/- acres are contiguousand positioned directly off Route 1 with unrestricted views of the Damariscotta River and DowntownDamariscotta. The Property is prime for redevelopment as offers value-add components in an attractiveand bustling Midcoast Maine community. A few of many property highlights to note:Scenic View EasementRooftop Solar Installed in 2017Parcel with Water Access IncludedFavorable Zoning CodeWalking Distance via sidewalk to Downtown DamariscottaRoute 1 on/off ramp average daily vehicle count: 10,860
Property Type(s): Commercial
Last Updated 11/20/2020 Year Built 2000
County Lincoln

Additional Details

BASEMENT Unfinished, Yes
EXTERIOR Vinyl Siding
LOT 2.72 acre(s)
WATER Private
ZONING D5 Village Business
Listing provided by Porta & Company

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