About this home
Well-maintained multi-tenant professional office building in a highly convenient Damariscotta location just off Route 1, benefiting from a newly constructed and nicely landscaped roundabout providing safe and efficient access. This attractive Cape-style structure offers three levels of finished office space, including a fully utilized lower level, with multiple private suites, common areas, and ample on-site parking. This is a Broker owned property. The property is currently configured as 11 individual office units serving a mix of professional and nonprofit tenants, providing stable income with additional upside. Rents are structured on a per-office basis and reflect strong per-square-foot performance. Situated on a generous 1.36± acre parcel in the C-2 commercial district, the building is positioned toward one side of the lot, offering potential for future expansion, additional structures, or reconfiguration of parking, subject to local approvals. Existing layout and access support continued use as professional office, counseling or medical space, or owner-user occupancy. An excellent opportunity for investors, medical or professional users, or buyers seeking a combination of current income and long-term flexibility in a desirable Midcoast Maine setting. This is a broker-owned property.
Listing last checked: Listing updated:
Listed by Listing Agent · Newcastle Realty · MLS #1665692
Request property information
Select a document to start a request. You can add others in the form. Availability varies.
Details at a glance
Interior3 property facts
- Heating
- Oil, Baseboard, Hot Water, Zoned
- Cooling
- None
- Flooring
- Carpet, Vinyl
Building4 property facts
- Style
- General Commercial
- Year built
- 2003
- Foundation
- Poured Concrete
- Roof
- Composition, Shingle
Land & utilities4 property facts
- Lot size
- 1.38 acres
- Water
- Private
- Sewer
- Private Sewer
- Zoning
- C-2
Financial2 property facts
- Annual taxes
- $7,848
- Assessment year
- 2026
Location
Estimated monthly cost
Explore costs at the $749,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$4,441 / monthAdjust
- Principal & interest
- $3,787
- Property tax
- $654
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $7,848. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.
Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
Explore more of Damariscotta
Continue your search in Damariscotta.
Need help making sense of this home?
About 18 Belvedere Road
Can I request a private showing?
Request a tour of 18 Belvedere Road and a Bean Group agent will help coordinate an available time with the listing side.
Can you help me evaluate this property?
Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.
Are property documents available?
Availability varies by property and source. Request the documents you need and we will help obtain what is available.

