Listing Agency: Coldwell Banker Realty J***@cbrealty.com Show Phone

Listed By: Jason Clark · License #BA929485

Source: 603luxury

Added: Jul 20 Changed: Aug 30 Last Checked: Aug 31 at 7:23PM

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Investment Insights

Based on property information with market context.

Located at 32 Water St in Lubec, this 5,000-square-foot mixed-use property combines street-facing commercial space with ocean-side living quarters. The building has undergone a complete renovation that includes exposed beams, updated kitchens and bathrooms, and an open-concept interior. An expansive outdoor deck adds usable exterior space along the waterfront.

The property overlooks Lubec Narrows, Campobello Island, and Mulholand Lighthouse. The first floor is partly occupied by the West Quoddy Head Lighthouse Station Keepers Association. Lubec provides a coastal setting with historical sites, art galleries, dining options, and a working waterfront.

Key Highlights

• 5,000 SF mixed‑use waterfront property at 32 Water St, Lubec, ME 04652
• Street‑level commercial area with ocean‑side living quarters
• Completely renovated with exposed beams and modernized kitchens and bathrooms

Property Analytics

Property Profile

Current Use

Storefront properties

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

Explore this area 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

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 - Street-level commercial space pairs with waterfront living quarters and an expansive outdoor deck.

Where is this mixed-use property located?

The property is located at 32 Water St Lubec, ME.

What is the asking price?

The asking price for this property is $775,000.

What are key features of this property?

This property features: 5,000 SF mixed‑use waterfront property at 32 Water St, Lubec, ME 04652; Street‑level commercial area with ocean‑side living quarters; Completely renovated with exposed beams and modernized kitchens and bathrooms