100 Main Street

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100 Main Street

Damariscotta, ME 04543-4668
Asking Price
$1.59M
Asset Type
Hospitality
Class
Class B

What's Special

Mixed Use <ul><li>​A rare opportunity to acquire a downtown Damariscotta commercial property combining Main Street visibility with approximately 150 feet of frontage on the Damariscotta River</li><li>​Features an existing multi-level brick commercial building totaling approximately 4,658± square feet, together with a substantial rear parcel currently providing parking and future flexibility</li><li>​Located in the C-1 Downtown Commercial District and offered vacant, the site presents exceptional optionali

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NOI
$80,000
Cap Rate
5.02%
DSCR
0.84
Underwater
Cash-on-Cash
-3.07%
Monthly Payment
$7,891.19
Annual Cash Flow
$-14,694.277

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