Newcastle, ME 04553 38 Academy Hill Road

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Presented By: Legacy Properties Sotheby's International Realty;
  • MLS# 1625927
  • 06/09/2025
  • Request Tour
  • Request Info
  • SQFT • 3,060

Home Details

Versatile Live/Work Property in Prime Newcastle Location. An exceptional opportunity to live and work just steps from downtown Newcastle and Damariscotta's vibrant shops, restaurants, and waterfront. This unique two-building property offers flexibility, income potential, and convenience in one of Midcoast Maine's most desirable locations. The property includes a separate 2-bedroom, 1-bath manufactured home, ideal for rental income or extended family, as well as a spacious 2-bedroom, 1-bath apartment located above a versatile 50' x 30' main building. The main building is built for business or hobby use, featuring: Radiant floor heating throughout Three large bays with sliding doors that can be used separately or together Ceiling-mounted 6,000 lb hoist for serious projects or commercial use Security camera system covering all areas With its flexible layout and prime location, this property is perfect for entrepreneurs, tradespeople, or investors seeking live/work convenience or multi-use rental options. Don't miss this rare chance to own a one-of-a-kind property in the heart of Newcastle. Also being listed as MLS # 1625926.
Presented By: Legacy Properties Sotheby's International Realty;

Interior Features for 38 Academy Hill Road

Bathrooms

Total Baths

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
FlooringConcrete, Carpet
Heating Y/NYes

General for 38 Academy Hill Road

Additional Parcels Y/NNo
Body TypeSingle Wide
Business TypeBusiness Park, Commercial, Retail, Special Purpose, Warehouse, Vehicle Related, Self Storage, Other, Manufacturing, Industrial, Distribution, Auto Service
Carport Y/NNo
CityNewcastle
Construction MaterialsMetal Clad, Mobile, Steel Frame
CoolingNone
CountyLincoln
ElectricCircuit Breakers
Electric On Property Y/NNo
Garage Y/NNo
HOANo
HeatingRadiant, Forced Air
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Lot Size Square Feet14810.4
Lot Size UnitsAcres
MobileHomeRemainsYNNo
New ConstructionNo
Property SubtypeMixed Use
Property TypeCommercial Sale
Rent Control Y/NNo
RoofMetal
Senior CommunityNone
SewerPublic Sewer
Standard StatusActive
StatusActive
Stories0
Tax Lot001
Year Built2015
ZoningD5

Exterior for 38 Academy Hill Road

Building Area Total3060.0
Crops Included Y/NNo
Foundation DetailsSlab
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesIndustrial Park
Lot Size Acres0.34
Lot Size Area0.34
Open Parking Y/NNo
Parking Features5 - 10 Spaces
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Shelley Kennagh

Senior Loan Officer
Price $739,000
MLS#1625927
List Date 06/09/2025
Property Type Commercial
Phone 207.890.4942
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