LoriDube

11 Water Street, Damariscotta, ME 04543

$1,050,000
  • 11 Water Street, Damariscotta, ME 04543 Main Photo

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Active
BEDS0 BATHS4 full SQUARE FEET2,724 MLS#1663212
STATUSActive PROPERTY TYPEMulti Unit - Multiple

Property Description

Built in 1805 as the schoolhouse in Sheepscot Village, Maine, this distinctive property was relocated to the riverfront in Damariscotta in the 1950s. At that time, it was significantly enlarged and with the addition of a steeple, served as the Christian Science Church until 2010. The building was extensively renovated and thoughtfully updated in 2011 to accommodate the restaurant Savory Maine. At that time, the addition of a dormer and two skylights transformed the unfinished attic into a bright one-bedroom apartment and the church office became a studio apartment that is a very popular Airbnb. Two expansive waterfront decks were constructed and all of the electrical wiring and plumbing was replaced. Additional upgrades include Airkrete insulation throughout the exterior walls, roof, and between floors, mini-split heat pumps in all units, a full sprinkler system, and a new roof, fascia boards, and gutters. Today, the building offers four separate units--three one-bedroom apartments and one studio--while retaining the flexibility to accommodate a wide range of commercial or mixed-use possibilities.Located adjacent to a large public parking lot, the property enjoys a highly visible and convenient in-town setting in the heart of downtown Damariscotta. Its prime Midcoast location places it within easy reach of destinations such as Pemaquid Point Lighthouse, Pemaquid Beach Park, Boothbay Harbor, and the Camden-Rockport area. With its rich history, extensive upgrades, and exceptional location, this is a rare commercial opportunity well-positioned to attract customers, tenants, or clients for years to come.

11 Water Street | MLS# 1663212

This multi-family property located at 11 Water Street, Damariscotta, ME 04543 is currently listed for sale with an asking price of $1,050,000. Search Damariscotta real estate on ldube.spragueandcurtis.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Interior Entry, Walk-Out Access, Finished, Full
Basement: Yes
Cooling: Heat Pump
Heating: Electric, Baseboard, Heat Pump
Home Style: Federal
Lot Size: 0.22 Acres
Roof Type: Shingle
Taxes: $8,197
Year Built: 1803

Feature Descriptions

Appliances: Tankless Water Heater
Electric: Circuit Breakers
Equipment: Internet Access Available
Exterior: Wood Frame, Vinyl Siding
Flooring: Carpet, Vinyl, Wood, Ceramic Tile
Foundation: Poured Concrete
Lot: Business District, Intown, Near Shopping, Corner Lot, Open Lot, Rolling Slope, Near Public Transit
Parking: Common,5 - 10 Spaces, On Site
Road Surface: Paved
Sewer: Public Sewer
Special View Info: Scenic
SQ FT Above Grade: 2364
SQ FT Below Grade: 360
Water: Public
Water Body Name: Damariscotta River

Listed By / Shown By

Listed By

Agency Name: Newcastle Realty
Agency Contact: 207-563-1003

Shown By

Agent Name: Lori Dube
Agent Phone: (207) 620-0886
Agency Title: Sprague and Curtis Real Estate

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Estimated Payment

$ 3,326.18 per month $2,336.84 Principal & Interest $683.08 Property Tax $306.25 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 06/02/2026. The listing information on this page last changed on 06/02/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Tue 06/02/2026 2:03:22 PM EST) or MREIS (last updated Tue 06/02/2026 1:55:18 PM EST). Real estate listings held by brokerage firms other than Sprague and Curtis Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.



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