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18 Belvedere Road
Damariscotta, ME 04543-4645
Asking Price
$775K
Asset Type
Traditional Office Office
Class
Class B
What's Special
Office | 3,181 SqFt <ul><li>Well-maintained multi-tenant professional office building in a highly convenient Damariscotta location just off Route 1</li><li>Benefiting from a newly constructed and nicely landscaped roundabout providing safe and efficient access</li><li>Cape-style structure offers three levels of finished office space, including a fully utilized lower level</li><li>Multiple private suites, common areas, and ample on-site parking</li><li>Currently configured as 11 individual office units serving
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NOI
$80,000
Cap Rate
10.32%
DSCR
1.74
Strong
Cash-on-Cash
14.62%
Monthly Payment
$3,834.277
Annual Cash Flow
$33,988.674