Other - Damariscotta, ME

Incredible In-Town Investment Opportunity! Don't miss this versatile and income-generating property in a prime Church Street location. Situated on a single parcel, this unique offering includes a finished one-bedroom studio apartment — approximately 600± sq. ft. — perfect for rental income or personal use. Also on the lot is a two-unit main building currently mid-renovation, presenting an ideal project for investors or owner-occupants looking to customize. The downstairs unit is a blank canvas—stripped to the studs and ready for you or your builder to design the layout of your dreams. The upstairs unit features three bedrooms and a kitchen and is in the advanced stages of renovation, ready for your finishing touches. Live in the studio while you renovate, rent it out for steady cash flow, or transform the entire property into a multi-unit gem. With endless potential and a sought-after in-town location, this is a rare find for buyers with vision. Come explore the possibilities on Church Street today! Copyright © 2025 Engel & Völkers. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.