About this home
Located in the heart of Waldoboro's historic village, 163 Jefferson Street presents a rare opportunity to own a landmark mixed-use property with established income potential. Built in the 1900s and rich with New England character, this building is home to a long-standing hardware store on the ground level, with two fully occupied residential apartments above. The commercial space benefits from outstanding visibility, easy accessibility, and a central location along Route 1, serving both the local community and seasonal Midcoast visitors. The upper-level apartments provide consistent rental income, creating a diversified investment opportunity. Set on a 0.63-acre lot, this building blends historic charm with everyday functionality. Whether you're looking to expand your investment portfolio, operate a business with on-site income, or own a cornerstone property in one of Midcoast Maine's most welcoming communities, 163 Jefferson Street offers exceptional flexibility and long-term value. Conveniently located just minutes from the Medomak River and within easy driving distance of Damariscotta, Camden, Rockland, and Boothbay Harbor, this property combines small-town appeal with access to some of Maine's most desirable coastal destinations.
Listing last checked: Listing updated:
Listed by Listing Agent · Hoang Realty · MLS #1672423
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Details at a glance
Interior3 property facts
- Heating
- Oil, Baseboard, Hot Water
- Cooling
- None
- Flooring
- Carpet, Vinyl, Wood
Building4 property facts
- Style
- Mixed Use
- Year built
- 1900
- Foundation
- Stone
- Roof
- Flat, Other, Shingle
Land & utilities4 property facts
- Lot size
- 0.63 acres
- Water
- Public
- Sewer
- Public Sewer
- Zoning
- Downtown Business
Financial2 property facts
- Annual taxes
- $6,186
- Assessment year
- 2025
Location
Estimated monthly cost
Explore costs at the $725,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$4,181 / monthAdjust
- Principal & interest
- $3,666
- Property tax
- $516
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $6,186. 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 163 Jefferson Street
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Request a tour of 163 Jefferson 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.
Are property documents available?
Availability varies by property and source. Request the documents you need and we will help obtain what is available.

