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Bean Group
Offered at $1,595,000Active
beds
—
baths
0
sq ft
5,771
Built
1841

34 Main Street

Newcastle, ME 04553

About this home

Ideally situated in Newcastle, The Manor at 34 overlooks the Damariscotta River and is just a short stroll from the shops, restaurants, galleries and amenities of the Twin Villages of Newcastle and Damariscotta. The substantial property, currently operating as a bed and breakfast, is thoughtfully configured with six spacious guest rooms, each with its own private bath, providing the foundation for an intimate lodging experience in one of the region's most desirable destinations. A first-floor guest room adds convenience while an elevator provides access to the second floor. Multiple common areas give guests ample space to relax and gather, including a cozy library, a large living room with views toward the Damariscotta River, a peaceful sitting room with fireplace, and an expansive great room with its own kitchenette. Outside, a beautifully landscaped, fenced-in courtyard and comfortable deck overlooking the river and downtown create an inviting retreat to relax, recharge and take in the sights and sounds of village life. Location is one of 34 Main Street's greatest assets. Guests can park the car and experience the Twin Villages on foot, utilizing the newly constructed granite stairs leading from the property directly to sidewalks into town. Its central Midcoast location also provides an ideal home base for exploring the Pemaquid Peninsula, Boothbay region and Maine coast. Extensive improvements have been made throughout the property, allowing a new owner to benefit from considerable investment already made in the building and its systems. Whether continuing its current lodging use or bringing a new vision to the property, 34 Main Street presents a rare opportunity to acquire a beautifully maintained and extensively improved hospitality property in the center of one of Midcoast Maine's most vibrant communities. See residential MLS listing #1679297

Listing last checked: Listing updated:

Listed by Listing Agent · Newcastle Realty · MLS #1679280

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Details at a glance

Interior3 property facts
Heating
Electric, Propane, Baseboard, Heat Pump
Cooling
Heat Pump
Flooring
Carpet, Tile, Vinyl, Wood
Building4 property facts
Style
General Commercial
Year built
1841
Foundation
Poured Concrete
Roof
Shingle
Land & utilities4 property facts
Lot size
0.92 acres
Water
Public
Sewer
Public Sewer
Zoning
Village Business
Financial2 property facts
Annual taxes
$16,095
Assessment year
2025

Location

Estimated monthly cost

Explore costs at the $1,595,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$9,406 / monthAdjust
Principal & interest
$8,065
Property tax
$1,341
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $16,095. 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 34 Main Street

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Request a tour of 34 Main Street 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.

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Availability varies by property and source. Request the documents you need and we will help obtain what is available.