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Mixed-Use Property with Apartment
For Sale
$1,050,000

33-37 Water Street, Blue Hill, ME 04614

Commercial Sale, Blue Hill, ME

Property Size7,636 SF
Lot Size0.87 Acres
Price / SF$137.51
Days on Market64

Property Features for 33-37 Water Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning commercial
Lot features Water View, Downtown, Business District, Retail Strip
Standard status Active
Size 7,636 SF
Lot size 0.87 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 7550

Utilities

Heating system Forced Air, Oil

Building Details

Flooring type Concrete, Vinyl
Building materials Wood Frame, Wood Siding
Listing Agency: The Christopher Group, LLC
Listed By: Kristina Porto
Added: Jul 8 Changed: Sep 2 Last Checked: Sep 9 at 1:06PM
MLS# 1659749

Copyright © 2026 Maine Listings. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 7,636-square-foot mixed-use property combines several commercial areas with residential accommodations. The ranch-style building can support either commercial or residential use, while a one-bedroom apartment is located above 33 Water Street. A substantial unfinished attic provides additional interior space for future buildout. Concrete and vinyl flooring, wood-frame construction, wood siding, forced-air heat, and oil heating are included among the existing features.

The property comprises 0.87 acres at 33-37 Water Street in the center of Blue Hill, directly opposite Blue Hill Harbor. Several spaces have water views, and the town dock and waterfront park are within steps of the property. Commercial zoning and a layout incorporating business areas, an apartment, and flexible unfinished space support a range of owner-user and rental configurations.

Key Highlights

  • 7,636 square feet across 0.87 acres
  • Multiple commercial spaces plus a one‑bedroom apartment above 33 Water Street
  • Ranch‑style building supports residential or commercial use

Property Analytics

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Current Use

Live-work space

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Building Supply Grocery & Convenience Store (Bike/Boat/Book/etc) Store Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

338
Businesses Nearby

Demographics for 04614, ME

2,792
Population
2,199
Households
1.3
Avg Household Size
52
Median Age
49%
College-Educated
92%
High-School Grad
62.5 sq mi
ZIP Area
45
Density / Sq Mi
$70,164
Median Household Income
$36,076
Median Earnings
$332,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Commercial zoning supports a flexible coastal property with multiple business areas, residential space, and an unfinished attic.
Where is this mixed-use property located?
The property is located at 33-37 Water Street Blue Hill, ME.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: 7,636 square feet across 0.87 acres; Multiple commercial spaces plus a one‑bedroom apartment above 33 Water Street; Ranch‑style building supports residential or commercial use
More about this property
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