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Mixed-Use Building With Commercial Kitchen
For Sale
$649,000

20 Water Street, Lubec, ME 04652

First-floor retail, workshop, and accessible restroom areas support a combination of commercial and residential uses.

Property Size1,345 SF
Days on Market743

Property Features for 20 Water Street

General Information

Standard status Active
Size 1,345 SF
Property subtype Commercial
Zoning Mixed Use

Additional Details

Equipment Included Yes

Taxes and HOA fees

Annual Taxes $1,882

Building Details

Building Size 1,345 SF
Year Built 1890
Buildings 1
Stories 2
Construction cape
Listing Agency: Realty of Maine
Listed By: Georgiana Kendall
Source: Startpoint
Added: Jul 25, 2024 Changed: Aug 5 Last Checked: Aug 5 at 1:29PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Realty of Maine

Investment Insights

Based on property information with market context.

Built in 1890, this mixed-use property in downtown Lubec combines a licensed commercial kitchen with adaptable first-floor space. The current layout includes a retail kitchen, workshop area, retail area, and a large handicap-accessible bathroom. Commercial kitchen equipment and additional equipment convey with the property. The second floor is available for renovation and future configuration.

The building overlooks the Lubec Channel and is located at 20 Water Street. Parking is available beside and behind the building. The property below is owned by the New England Aquarium and serves as the launch point for whale research vessels. A public boat launch is located a short distance from the front entrance, and the site provides access to the downtown Lubec setting and the gateway to Campobello Island, New Brunswick, Canada.

Key Highlights

  • Mixed Use zoning with a retained commercial kitchen license
  • 1890 construction with first‑floor retail, kitchen, workshop, and bathroom areas
  • Commercial kitchen equipment and additional equipment convey

Property Analytics

Current Use

Commercial kitchens

Suggested Use

Top Pick HVAC Service Building Supply Garden Center Bakery Parking Lot & Garage Cafe & Coffee Shop

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

127
Businesses Nearby

Demographics for 04652, ME

1,536
Population
1,370
Households
1.1
Avg Household Size
58
Median Age
33%
College-Educated
92%
High-School Grad
61.2 sq mi
ZIP Area
25
Density / Sq Mi
$58,125
Median Household Income
$38,083
Median Earnings
$540
Median Rent
$182,500
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - First-floor retail, workshop, and accessible restroom areas support a combination of commercial and residential uses.
Where is this mixed-use property located?
The property is located at 20 Water Street Lubec, ME.
What is the asking price?
The asking price for this property is $649,000.
What are key features of this property?
This property features: Mixed Use zoning with a retained commercial kitchen license; 1890 construction with first‑floor retail, kitchen, workshop, and bathroom areas; Commercial kitchen equipment and additional equipment convey
More about this property
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