11 Water Street, Damariscotta, ME 04543

$995,000
Property Type: Multi-Family Baths: 5 Square Footage: 2,724 Lot Size (sq. ft.): 9,583 Status: Active
Current Price: $995,000 List Date: 5/21/2026 Last Modified: 8/14/2026

Overview

Description

A landmark building in the heart of downtown Damariscotta, 11 Water Street offers a rare opportunity to shape its next chapter. Continue its current use as several apartments or reimagine the space for retail, dining, offices, or another community-centered purpose. Built in 1803 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 upgra ...

Listing Details MLS# 1663212

Location Information

Street #
11
Street Name
Water
Street Type
Street
County
Lincoln
Town
Damariscotta
State/Province
ME
Zip Code
04543
Zip +4
4061
Leased Land
No
Book
4369
Page
158
Map
6
Lot
6
Zoning
C-1
Zoning Overlay
Unknown
Association
No
Full Tax Amount $
8197
Tax Year
2025
Tree Growth Y/N
No

Contract Information

Original List Price
1050000

Property Information

Surveyed
Yes
Seasonal
No
Owner Occupied
No
Deed/Conveyance Type Offered
Warranty
Deed
All
Number of Units
4
Total Baths
5
Total Full Baths
4
Total Half Baths
Yes
Color
White
Year Built
1803
SqFt Finished Above Grade
2364
SqFt Finished Below Grade
360
SqFt Finished Total
2724
SqFt Source
Other
Other Source of Square Footage
Public Record and Measured
Furniture
Partially
Garage
No
Lot Size Acres +/-
0.22
Source of Acreage
Public Records
Road Frontage
Yes
Road Frontage +/-
63
Source of Road Frontage
Public Records

Water Info

Water Frontage
Yes
Waterfront Amount
70
Water Frontage Owned
70
Water View
Yes
Water Body Name
Damariscotta River
Water Frontage Shared
0

Units

# of 1 BD Units
4

Unit 1

Lease
Yes
Level
Basement
Security Deposit
Yes
Monthly Rent
1600
# Full Baths
Yes
# of Half Baths
Yes
# of Rooms
3
# of Bedrooms
Yes
Dedicated Electric Meter
No
Dedicated Gas Meter
No
Dedicated Water Heater
No
Electric
Yes
Heat
Yes
Range
Yes
Refrigerator
Yes
Sewer
Yes
Water
Yes

More Information

Unit 2

Lease
Yes
Level
First
Security Deposit
Yes
Monthly Rent
2315
# Full Baths
Yes
# of Rooms
2
# of Bedrooms
Yes
Dedicated Electric Meter
No
Dedicated Gas Meter
No
Dedicated Water Heater
No
Electric
Yes
Heat
Yes
Range
Yes
Refrigerator
Yes
Sewer
Yes
Water
Yes

Unit 3

Lease
Yes
Level
First
Security Deposit
No
Monthly Rent
1275
# Full Baths
Yes
# of Rooms
Yes
Dedicated Electric Meter
No
Dedicated Gas Meter
No
Dedicated Water Heater
No
Electric
Yes
Heat
Yes
Range
Yes
Refrigerator
Yes
Sewer
Yes
Water
Yes

Unit 4

Lease
Yes
Level
Second
Security Deposit
Yes
Monthly Rent
2005
# Full Baths
Yes
# of Rooms
4
# of Bedrooms
Yes
Dedicated Electric Meter
No
Dedicated Gas Meter
No
Dedicated Water Heater
No
Electric
Yes
Heat
Yes
Range
Yes
Refrigerator
Yes
Water
Yes
Sewer
Yes

Levels

Multi-Level
Yes

Site

Corner Lot
Yes
Open
Yes
Rolling/Sloping
Yes

Location

Business District
Yes
Intown
Yes
Near Shopping
Yes

Roads

Paved
Yes
Public
Yes

Transportation

Major Road Access
Yes
Public Transport Access
Yes

Source of Water Frontage

Survey
Yes

Water Body Type

River
Yes

Style

Federal
Yes

Construction

Wood Frame
Yes

Structure Type

Post & Beam
Yes

Basement

Finished
Yes
Full
Yes
Walk-Out Access
Yes

View

Scenic
Yes

Foundation Materials

Poured Concrete
Yes

Exterior

Vinyl Siding
Yes

Roof

Shingle
Yes

Heat System

Baseboard
Yes
Heat Pump
Yes

Energy Efficiency

Tankless Water Heater
Yes

Heat Fuel

Electric
Yes

Income & Expenses

Gross Income
94421.48
Operating Expenses
24858.84

Cooling

Heat Pump
Yes

Floors

Carpet
Yes
Ceramic Tile
Yes
Vinyl
Yes
Wood
Yes

Parking

5 - 10 Spaces
Yes
On Site
Yes

Electric

Circuit Breakers
Yes

Gas

Bottled
Yes

Sewer

Public Sewer
Yes

Water

Public
Yes

Driveway

Common
Yes

Basement Entry

Interior
Yes

Water Heater

Gas
Yes
On Demand
Yes

Patio and Porch Features

Deck
Yes
Patio
Yes

Equipment

Internet Access Available
Yes

Vehicle Storage

No Vehicle Storage
Yes

Property Features

Site: Corner Lot; Open; Rolling/Sloping Location: Business District; Intown; Near Shopping Roads: Paved; Public Transportation: Major Road Access; Public Transport Access Source of Water Frontage: Survey Water Body Type: River View: Scenic Style: Federal Structure Type: Post & Beam Levels: Multi-Level Construction: Wood Frame Basement: Finished; Full; Walk-Out Access Basement Entry: Interior Foundation Materials: Poured Concrete Exterior: Vinyl Siding Roof: Shingle Heat System: Baseboard; Heat Pump Water Heater: Gas; On Demand Cooling: Heat Pump Floors: Carpet; Ceramic Tile; Vinyl; Wood Patio and Porch Features: Deck; Patio Equipment: Internet Access Available Energy Efficiency: Tankless Water Heater Driveway: Common Parking: 5 - 10 Spaces; On Site Vehicle Storage: No Vehicle Storage Electric: Circuit Breakers Gas: Bottled Sewer: Public Sewer Water: Public

Documents

IDX
Listing Office: Newcastle Realty
Last Updated: August - 14 - 2026
Broker Attribution: 207-563-1003
Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. Copyright ©2026 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.
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