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- LoopNet Team
60 River Rd
Newcastle, ME 04553
Newcastle Inn · Hospitality Property For Sale
·
7,336 SF
INVESTMENT HIGHLIGHTS
- view of Damariscotta River
- commercial kitchen
- Walk into the heart of town
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 3 |
| Property Subtype | Hotel | Year Built/Renovated | 1860/2018 |
| Building Class | B | Parking Ratio | 1.36/1,000 SF |
| Lot Size | 0.55 AC | Corridor | Interior |
| Building Size | 7,336 SF | ||
| Zoning | RB | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 0.55 AC |
| Building Size | 7,336 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1860/2018 |
| Parking Ratio | 1.36/1,000 SF |
| Corridor | Interior |
| Zoning | RB |
AMENITIES
- Balcony
ABOUT 60 RIVER RD , NEWCASTLE, ME 04553
This is an inn that checks so many boxes. Good size, view, location, owner's apartment, 2-car garage, in a quaint village in walking distance to town, open year-round, commercial kitchen, renovated, small bar, can be open to the public for dinner, can host small events, so many options. The inn has 14 very spacious guest rooms all with en-suite baths. There are 2 dining rooms, 2 living rooms, a 3-season porch, bar and den with a fireplace. Several rooms have gas fireplaces. And all guests are able to enjoy the view of the Damariscotta River from the inn's deck. This inn has been fully renovated over the years. There is a commercial kitchen the currently is just used for breakfast, but the inn used to serve dinner to the public years ago, and could once again with the appropriate license. The owner's quarters is a comfortable 1-bedroom, 1-bath apartment with gas fireplace/stove and 2-car garage.
PROPERTY TAXES
| Parcel Number | NEWC-000012-000000-000049 | Improvements Assessment | $1,343,300 |
| Land Assessment | $116,300 | Total Assessment | $1,459,600 |
PROPERTY TAXES
