New Commercial Listing! 65 Main Street, Damariscotta, Maine – $795,000

65 Main Street, Damariscotta, Maine

Represented by  Miles Geisler & Joanne Moore

Prime retail space on Main Street, Damariscotta. Presently Stars Fine Jewelry, a thriving business for over18 years. Classic coastal Maine design, in excellent condition, faithfully maintained and improved by the current owners. Entrance and egress off Main Street with double glass doors to the back just off the shop’s private parking/municipal parking lot with fabulous water views. The Main Street access with an extra wide door and no steps to impede walk-in traffic making the building handicapped accessible. Four private parking places are situated on the lot, a tremendous asset. A stylishly decorated interior with an open floor plan suitable for many different kinds of commercial applications. There is a large back office and bathroom, both with windows overlooking the river. Two spacious attics provide ample storage and could potentially be converted to an apartment with water views. This section of Main Street has high foot and traffic counts, excellent visibility with other quality establishments surrounding the property there is an affluent clientele from which to draw. Damariscotta is a year-round town, not just a tourist destination; the local businesses thrive on patronage throughout the year. This property will appeal to multiple potential buyers. For the investor, a high rate of return is possible as commercial properties command high per square foot rental rates. For someone looking to start or expand their Jewelry business, this is a proven, highly profitable location, in which the building and business is available together as a package for $995,000. The business component alone is available for purchase as a shell for $225,000. Owner financing is available to qualified buyers. Also available for purchase is Stars Fine Jewelry, a business well supported and loved by the community supplying their clientele with gifts commemorating important events in their lives. Another important service offered is jewelry repair.

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