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Paul Rondeau

paul.rondeau@exprealty.com +1(207) 229-7613

Listed by David Costello Keller Williams Realty

$1,450,000

Est. payment - /mo

10,314 SqFt

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UPDATED:

Key Details

Property Type Commercial

Sub Type General Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 10,314 sqft

Price per Sqft $140

MLS Listing ID 1683249

HOA Y/N No

Year Built 1950

Tax Year 2025

Lot Size 39.920 Acres

Acres 39.92

Property Sub-Type General Commercial

Source Maine Listings

Land Area 10314

Property Description

A Landmark Midcoast Maine Property Ready for a New Vision. Set on nearly 40 acres in picturesque Damariscotta, the historic Down Easter Inn offers an intriguing combination of scale, character, existing infrastructure, and redevelopment potential. With a newly repositioned price, this distinctive property invites investors, developers, and hospitality entrepreneurs to envision what comes next. The historic main house is listed in the National Register of Historic Places. Inside are nine bedrooms, a reception area, dining room, living room, kitchen, and back porch. A substantial addition completed in the 1980s expanded the property with 22 guest rooms, each with a private bathroom. An adjacent two-bedroom cottage provides additional flexibility for an owner or other uses. The property has not been in operation since 2018 and will require capital improvements. Outside, nearly 40 acres of grounds offer space for expansion or other possibilities. Located within easy reach of Pemaquid Beach, Boothbay Harbor, Damariscotta's vibrant village center, and many of Midcoast Maine's most treasured destinations, the property is well positioned for its next chapter.

Location

State ME

County Lincoln

Zoning Commercial

Rooms

Basement Bulkhead, Full, Sump Pump, Brick/Mortar

Interior

Heating Electric, Oil, Propane, Baseboard, Direct Vent Heater, Steam, Radiator

Flooring Carpet, Vinyl, Wood

Exterior

Parking Features 21+ Spaces, Garage

Roof Type Shingle

Garage Yes

Building

Lot Description Downtown

Foundation Stone, Granite, Poured Concrete, Brick/Mortar

Water Public

Others

Tax ID DAMA-000001-000000-000028-000001

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Paul Rondeau

+1(207) 229-7613

Broker Associate License ID: BA923327

220 Bristol RD Damariscotta, ME 04543

Paul Rondeau

Key Details

Location

Rooms

Interior

Exterior

Building

Others