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Bean Group
Offered at $749,000Active
beds
—
baths
0
sq ft
3,181
Built
2003

18 Belvedere Road

Damariscotta, ME 04543

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

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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.

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About 18 Belvedere Road

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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?

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