Mixed-Use Building with Water
24 Water Street, Lubec, ME 04652
For Sale
$578,000
A street-level commercial space and upstairs apartment offer separate business and residential areas in downtown Lubec.
Property Size1,236 SF
Price / SF$467.64
Days on Market132
Property Features for 24 Water Street
General Information
Standard status
Size
Property subtype
Zoning
Additional Details
Floor
Mixed-Use Components
Office Units
Property Use
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Buildings
Stories
Listing Agency:
Bold Coast Properties
(207) 497-5725
Listed By:
Shayna Smart · License #BR927115
(207) 214-2235
Source:
Integrityhomesrealestategroup
Added: Jun 30
Changed: Nov 8
Last Checked: Nov 7 at 9:22PM
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 Bold Coast Properties
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Investment Insights
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Built in 1850, this mixed-use property pairs a vacant ground-floor storefront or office with a two-bedroom, one-bath apartment above. The commercial space has an open plan, large windows facing Water Street, tin ceilings, a kitchenette, a full bathroom, basement access, and a covered rear deck. Upstairs, hardwood floors and tin ceilings complement water views from nearly every room; the living room opens onto a deck overlooking the Lubec Channel and Narrows.
The property is in downtown Lubec, within walking distance of restaurants, shops, the library, a grocery store, the waterfront, and a public boat landing. Views include Mulholland Lighthouse, Campobello Island, and the Franklin Delano Roosevelt Memorial Bridge. The building has undergone a complete restoration and is zoned General Development.
The property is in downtown Lubec, within walking distance of restaurants, shops, the library, a grocery store, the waterfront, and a public boat landing. Views include Mulholland Lighthouse, Campobello Island, and the Franklin Delano Roosevelt Memorial Bridge. The building has undergone a complete restoration and is zoned General Development.
Key Highlights
- 1,236‑square‑foot mixed‑use property built in 1850
- 388+/- sq. ft. vacant storefront or office with open layout and Water Street‑facing windows
- Upstairs apartment has two bedrooms, one bathroom, and hardwood floors
Property Analytics
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Current Use
Lease Details
1
Office units
Location Intelligence
Trade Area within ½ mile
127
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - A street-level commercial space and upstairs apartment offer separate business and residential areas in downtown Lubec.
Where is this mixed-use property located?
The property is located at 24 Water Street Lubec, ME.
What is the asking price?
The asking price for this property is $578,000.
What are key features of this property?
This property features: 1,236‑square‑foot mixed‑use property built in 1850; 388+/- sq. ft. vacant storefront or office with open layout and Water Street‑facing windows; Upstairs apartment has two bedrooms, one bathroom, and hardwood floors
