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Mixed-Use Building with Apartment

52 Water Street, Lubec, ME 04652

For Sale
$190,000

Commercial space is combined with a second-floor residence featuring a private deck and water views.

Property Size1,140 SF
Price / SF$166.67
Days on Market661

Property Features for 52 Water Street

General Information

Standard status Active
Size 1,140 SF
Property subtype Commercial
Zoning Commercial

Additional Details

Patio Yes

Taxes and HOA fees

Annual Taxes $2,459

Building Details

Building Size 1,140 SF
Year Built 1900
Buildings 1
Stories 2
Listing Agency: Bold Coast Properties
Listed By: Shayna Smart · License ME BR927115
Source: Integrityhomesrealestategroup
Added: Jan 22, 2025 Changed: Nov 11 Last Checked: Nov 13 at 6:39PM

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

Rey
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Investment Insights

Based on property information with market context.

This 1,140-square-foot mixed-use building, constructed in 1900, pairs commercial space with second-floor storage or living quarters. The apartment includes one bedroom, a full bathroom, and a private deck. Indoor and outdoor seating areas are also part of the property, which previously housed the Atlantic House.

Located at 52 Water Street in Lubec, the building has views of Cobscook Bay, the Lubec Narrows, and the Franklin Delano Roosevelt Memorial Bridge. The second-floor residence provides a separate living space above the commercial area.

Key Highlights

  • 1,140‑square‑foot mixed‑use building constructed in 1900
  • Second‑floor apartment has one bedroom, a full bath, and a private deck
  • Commercial space includes indoor and outdoor seating areas

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Coffee shops

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

128
Businesses Nearby
3k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 55% Shops & Services 45%
Lyons IGA Groceries
1,860 visits/mo 0.4 miles
Dollar General Shops & Services
1,544 visits/mo 0.5 miles

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 - Commercial space is combined with a second-floor residence featuring a private deck and water views.
Where is this mixed-use property located?
The property is located at 52 Water Street Lubec, ME.
What is the asking price?
The asking price for this property is $190,000.
What are key features of this property?
This property features: 1,140‑square‑foot mixed‑use building constructed in 1900; Second‑floor apartment has one bedroom, a full bath, and a private deck; Commercial space includes indoor and outdoor seating areas
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