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Renovated Mixed-Use Waterfront Property
For Sale
$775,000

32 Water Street, Lubec, ME 04652

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

Property Size5,000 SF
Days on Market444

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

exposed beams
modernized kitchens and bathrooms
open concept
expansive outdoor deck space

Building Details

Building Size 5,000 SF
Listing Agency: Coldwell Banker Realty
Listed By: Jason Clark · License #BA929485
Source: Startpoint
Added: Jun 4, 2025 Changed: Aug 21 Last Checked: Aug 21 at 2:50PM

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 Coldwell Banker Realty

Investment Insights

Based on property information with market context.

This renovated mixed-use property combines street-facing commercial space with living quarters positioned along the water. Interior improvements include exposed structural beams, updated kitchens and bathrooms, and an open-plan arrangement. The first floor is partially occupied by the West Quoddy Head Lighthouse Station Keepers Association, providing an existing organizational use within the building.

Outdoor deck areas extend toward views of Lubec Narrows, Campobello Island, and Mulholand Lighthouse. Located at 32 Water Street in Lubec, the property is presented as adaptable for a business, vacation rental concept, or full-time residence, subject to applicable requirements. Its waterfront setting and combination of commercial and residential areas support a range of owner-occupant or mixed-use possibilities.

Key Highlights

  • Renovated mixed‑use property with commercial and residential areas
  • Street‑level commercial space with water‑oriented living quarters
  • Exposed beams, updated kitchens and bathrooms, and open‑plan interiors

Property Analytics

Current Use

Mixed-use 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

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Street-level commercial space pairs with residential quarters and an expansive outdoor deck.
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: Renovated mixed‑use property with commercial and residential areas; Street‑level commercial space with water‑oriented living quarters; Exposed beams, updated kitchens and bathrooms, and open‑plan interiors
More about this property
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