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Waterfront Mixed-Use Property
For Sale
$775,000

32 Water Street, Lubec, ME 04652

Street-level business space and year-round living quarters share views across Lubec Narrows.

Property Size5,000 SF
Price / SF$155
Days on Market516

Property Features for 32 Water Street

General Information

Standard status Active
Size 5,000 SF
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $5,719

Amenities

expansive outdoor deck

Building Details

Building Size 5,000 SF
Year Built 1910
Listing Agency: Integrity Homes Real Estate Group, PC
Listed By: Buffy Dumont
Source: Integrityhomesrealestategroup
Added: Jun 4, 2025 Changed: Oct 29 Last Checked: Oct 29 at 2:47PM

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 Integrity Homes Real Estate Group, PC

Rey
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Investment Insights

Based on property information with market context.

Built in 1910, this mixed-use property combines 3,500 square feet of street-level commercial space with a 1,500-square-foot residence. The living quarters overlook Lubec Narrows and include open-plan interiors, exposed beams, and updated kitchens and bathrooms. Outdoor deck areas extend the usable space along the waterfront.

Views from the property take in Lubec Narrows, Campobello Island, and Mulholand Lighthouse. The residential portion is described as suitable for year-round use, alongside the commercial area on the first floor.

Key Highlights

  • 3,500 square feet of street‑level commercial space
  • 1,500‑square‑foot residence with year‑round use
  • Waterfront setting overlooking Lubec Narrows

Property Analytics

Who owns this building? See the owner, sales and loan history
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Current Use

Retail space

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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

Frequently Asked Questions

What type of property is this?
Mixed-use property - Street-level business space and year-round living quarters share views across Lubec Narrows.
Where is this mixed-use property located?
The property is located at 32 Water Street 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: 3,500 square feet of street‑level commercial space; 1,500‑square‑foot residence with year‑round use; Waterfront setting overlooking Lubec Narrows
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