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!
Active
Price cut: $20K (7/11)
$350,000
41 Church Street, Damariscotta, ME 04543
1beds
2,480sqft
Est.:
Multi Family
Built in 1920
-- sqft lot
$-- Zestimate®
$141/sqft
$-- HOA
What's special
- 89 days
- on Zillow |
- 1,092 |
- 21 |
Zillow last checked: 8 hours ago
Listing updated: July 11, 2025 at 07:50am
Listed by:
Engel & Volkers Casco Bay
Source: Maine Listings,MLS#: 1622195

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Other, Direct Vent Heater
Cooling
- None
Features
- Flooring: Wood, Vinyl, Other, Laminate
- Basement: Interior,Walk-Out Access,Brick/Mortar,Dirt Floor,Daylight,Other,Unfinished
- Number of fireplaces: 1
Interior area
- Total structure area: 2,480
- Total interior livable area: 2,480 sqft
- Finished area above ground: 2,480
- Finished area below ground: 0
Property
Parking
- Parking features: 1 - 4 Spaces, Other, Paved, On Site
Features
- Levels: Multi/Split
- Stories: 2
- Patio & porch: Deck
Lot
- Size: 0.36 Acres
- Features: Other Location, Open Lot, Sidewalks, City Lot, Near Shopping, Near Town, Neighborhood, Retail Strip, Shopping Mall
Details
- Parcel number: DAMAM006L092
- Zoning: Residential
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other,New Englander
- Property subtype: Multi Family
Materials
- Wood Siding, Vinyl Siding, Clapboard, Asbestos, Wood Frame
- Foundation: Block, Stone, Gravel/Pad, Pillar/Post/Pier, Concrete Perimeter, Brick/Mortar
- Roof: Shingle
Condition
- Year built: 1920
Utilities & green energy
- Electric: On Site, Circuit Breakers
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Damariscotta
Financial & listing details
- Price per square foot: $141/sqft
- Tax assessed value: $261,600
- Annual tax amount: $4,840
- Date on market: 5/11/2025
- Electric utility on property: Yes
- Road surface type: Paved
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