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Mixed-Use Waterfront Property
For Sale
$648,000

62 Water Street, Thomaston, ME 04861

Waterfront building with residential space, commercial zoning, harbor views, and flexible existing uses.

Property Size3,136 SF
Days on Market731

Property Features for 62 Water Street

General Information

Standard status Active
Size 3,136 SF
Property subtype Commercial
Zoning Shoreland Commercial

Taxes and HOA fees

Annual Taxes $6,035

Building Details

Building Size 3,136 SF
Year Built 1870
Stories 2
Listing Agency: Saint George Realty
Listed By: Karen Rizkalla
Source: Startpoint
Added: Aug 23, 2024 Changed: Aug 14 Last Checked: Aug 22 at 1:12PM

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 Saint George Realty

Investment Insights

Based on property information with market context.

Built in 1870, this mixed-use waterfront property combines residential space with commercial functionality. The upper level includes living areas, a modern kitchen, wood flooring, and harbor-facing views, while the lower level adds a bedroom suite, an art gallery area, and space currently configured for small boat construction, repair, or storage. Multiple decks extend the usable area, including one positioned over the water.

The property is located at 62 Water Street in Thomaston, within a Maine village setting. Shoreland Commercial zoning supports the existing arrangement, including grandfathered and conditional uses. Solar panels and a 240-volt electric vehicle charger are included. Available documentation from the Code Officer and excerpts from Thomaston land-use ordinances provide additional context for evaluating future use options.

Key Highlights

  • Waterfront property at 62 Water Street in Thomaston, ME 04861
  • Shoreland Commercial zoning with grandfathered and conditional uses
  • Built in 1870 with residential and commercial components

Property Analytics

Current Use

Waterfront Land

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Parking Lot & Garage Furniture & Home Goods HVAC Service

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

181
Businesses Nearby

Demographics for 04861, ME

2,739
Population
1,445
Households
1.9
Avg Household Size
48
Median Age
29%
College-Educated
93%
High-School Grad
10.9 sq mi
ZIP Area
251
Density / Sq Mi
$53,775
Median Household Income
$35,662
Median Earnings
$891
Median Rent
$260,100
Median Home Value

Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Waterfront building with residential space, commercial zoning, harbor views, and flexible existing uses.
Where is this mixed-use property located?
The property is located at 62 Water Street Thomaston, ME.
What is the asking price?
The asking price for this property is $648,000.
What are key features of this property?
This property features: Waterfront property at 62 Water Street in Thomaston, ME 04861; Shoreland Commercial zoning with grandfathered and conditional uses; Built in 1870 with residential and commercial components
More about this property
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