Tue, 01/23/2024 - 2:15pm

As one of the leading real estate firms in Lincoln County with a staff of 18 agents operating from two offices in Damariscotta and Boothbay Harbor, Newcastle Realty has been assisting buyers and sellers with their property needs for more than 35 years. Now, the company is launching a new division that will offer similar buyer and seller services to local business owners seeking to sell, and prospective buyers looking to acquire or invest in a business, with or without real estate.

“We are very excited to be expanding our range of services to include assisting business owners in our communities,” said Dennis Hilton, owner of Newcastle Realty and The Cheney Financial Group. “We will be leveraging the knowledge and experience that our Sales Agent Jane Oliver-Gravel has with buying and selling businesses, to guide and assist others. I know that Jane and our entire staff is excited to offer these very specialized services.”

The process of buying or selling a business can be complex and subject to unexpected obstacles, especially if financing is involved. Throughout her career, Oliver-Gravel has owned and operated over a dozen businesses in Lincoln County, and she has seen a variety of scenarios as she has launched, acquired, and turned her many business interests over to new owners.

“I am thrilled to help offer this important guidance to our local business communities that I know so well,” said Oliver-Gravel. “I know first-hand how stressful it can be when buying or selling a business, and I also know how rewarding it is for our local entrepreneurs and business owners to be a part of serving the needs of our local residents and also what draws visitors to our vibrant towns.” Jane recently formed a real estate team with veteran Newcastle Realty Associate Broker Debby Schling, who has 18 years of experience.

Along with the new business brokerage division, Newcastle Realty will offer enhanced commercial real estate services for owners of office buildings, retail locations, restaurants, convenience stores, multi-unit dwellings, and other income properties. In some cases, business offerings may be packaged with the commercial properties they reside in. Oliver-Gravel adds, “When necessary, we can offer guidance on business or commercial property leases as well.”

To learn more about these new business brokerage and commercial real estate services, please contact Jane Oliver-Gravel at (207)380-2667 ( or Debby Schling at (207)380-4511 ( To learn more about Newcastle Realty, please visit