Current Price:$1,050,000List Date:5/21/2026Last Modified:6/05/2026
Description
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 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.
Status: ActiveOriginal List Price: 1050000List Price: $1,050,000Current Price: $1,050,000
Property Information
Surveyed: YesSeasonal: NoOwner Occupied: NoDeed/Conveyance Type Offered: WarrantyDeed: AllNumber of Units: 4Total Baths: 5Total Full Baths: 4Total Half Baths: 1Color: WhiteYear Built: 1803SqFt Finished Above Grade: 2364SqFt Finished Below Grade: 360SqFt Finished Total: 2724SqFt Source: OtherOther Source of Square Footage: Public Record and MeasuredFurniture: PartiallyGarage: NoLot Size Acres +/-: 0.22Source of Acreage: Public RecordsRoad Frontage: YesRoad Frontage +/-: 63Source of Road Frontage: Public Records
Water Info
Water Frontage: YesWaterfront Amount: 70Water Frontage Owned: 70Water View: YesWater Body Name: Damariscotta River
Units
# of 1 BD Units: 4
Unit 1
Lease: YesLevel: BasementSecurity Deposit: YesMonthly Rent: 1600# Full Baths: 1# of Half Baths: 1# of Rooms: 3# of Bedrooms: 1Dedicated Electric Meter: NoDedicated Gas Meter: NoDedicated Water Heater: NoElectric: YesHeat: YesRange: YesRefrigerator: YesSewer: YesWater: Yes
Unit 2
Lease: YesLevel: FirstSecurity Deposit: YesMonthly Rent: 2315# Full Baths: 1# of Rooms: 2# of Bedrooms: 1Dedicated Electric Meter: NoDedicated Gas Meter: NoDedicated Water Heater: NoElectric: YesHeat: YesRange: YesRefrigerator: YesSewer: YesWater: Yes
Unit 3
Lease: YesLevel: FirstSecurity Deposit: NoMonthly Rent: 1275# Full Baths: 1# of Rooms: 1Dedicated Electric Meter: NoDedicated Gas Meter: NoDedicated Water Heater: NoElectric: YesHeat: YesRange: YesRefrigerator: YesSewer: YesWater: Yes
Unit 4
Lease: YesLevel: SecondSecurity Deposit: YesMonthly Rent: 2005# Full Baths: 1# of Rooms: 4# of Bedrooms: 1Dedicated Electric Meter: NoDedicated Gas Meter: NoDedicated Water Heater: NoElectric: YesHeat: YesRange: YesRefrigerator: YesWater: Yes
Property Features
Site: Corner Lot; Open; Rolling/SlopingLocation: Business District; Intown; Near ShoppingRoads: Paved; PublicTransportation: Major Road Access; Public Transport AccessSource of Water Frontage: SurveyWater Body Type: RiverView: ScenicStyle: FederalStructure Type: Post & BeamLevels: Multi-LevelConstruction: Wood FrameBasement: Finished; Full; Walk-Out AccessBasement Entry: InteriorFoundation Materials: Poured ConcreteExterior: Vinyl SidingRoof: ShingleHeat System: Baseboard; Heat PumpWater Heater: Gas; On DemandCooling: Heat PumpFloors: Carpet; Ceramic Tile; Vinyl; WoodPatio and Porch Features: Deck; PatioEquipment: Internet Access AvailableEnergy Efficiency: Tankless Water HeaterDriveway: CommonParking: 5 - 10 Spaces; On SiteVehicle Storage: No Vehicle StorageElectric: Circuit BreakersGas: BottledSewer: Public SewerWater: Public