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Historic Mixed-Use Building
For Sale
$1,100,000

73 Water Street, Eastport, ME 04631

A ground-floor wine bar shares the property with an upper-level duplex reached through a private Water Street entrance.

Property Size5,000 SF
Price / SF$220
Days on Market12

Property Features for 73 Water Street

General Information

Standard status Active
Size 5,000 SF
Property subtype Commercial
Zoning B1

Tenancy & Operations

Currently Operating Yes
Tenant in Place Yes

Additional Details

Road Access Yes
Patio Yes

Taxes and HOA fees

Annual Taxes $6,408

Amenities

jacuzzi
Storage

Building Details

Building Size 5,000 SF
Year Built 1887
Year Renovated 2026
Buildings 1
Stories 3
Listing Agency: The Christopher Group, LLC
Listed By: Samra Kuseybi
Source: Hayesrealestate
Added: Oct 18 Changed: Oct 28 Last Checked: Oct 28 at 1:52AM

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 The Christopher Group, LLC

Rey
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Investment Insights

Based on property information with market context.

Dating to 1887, this B1-zoned Eastport property combines 5,000 square feet of living and commercial space. The ground and Water Street levels are occupied by Phoenix Fine Wines, with a wine bar rebuilt in 2021 and picture windows facing Passamaquoddy Bay. The commercial space includes half baths on each floor and seaside decks for outdoor dining.

A private Water Street entry leads to the owner’s duplex, which is also accessible from the commercial space. The loft-style residence offers two bedrooms, two full baths, exposed brick, red oak flooring and two decks rebuilt in 2021. It contains more than 2,400 square feet and could be divided into two rental units by a new owner. The building sits between Water Street and Eastport’s Sea Walk, along the edge of Passamaquoddy Bay.

Recent work includes spray foam insulation beneath the building and interior repointing in 2023, plus replacement of carrying beams and raising of the building in 2021. The roof and Buderus oil burner date to 2017; backup batteries were installed in 2025.

Key Highlights

  • 5,000 square feet of combined residential and commercial space
  • B1 zoning in downtown Eastport
  • Current ground‑floor tenant: Phoenix Fine Wines

Property Analytics

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

Current Use

Phoenix Fine Wines Bar & Pub

Suggested Use

Top Pick Parking Lot & Garage Building Supply Auto Repair Shop HVAC Service Real Estate Agency Plumbing 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.

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

229
Businesses Nearby
3k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 100%
R & M IGA Groceries
3,282 visits/mo 0.4 miles

Demographics for 04631, ME

1,288
Population
1,057
Households
1.2
Avg Household Size
59
Median Age
38%
College-Educated
95%
High-School Grad
3.6 sq mi
ZIP Area
358
Density / Sq Mi
$46,205
Median Household Income
$32,045
Median Earnings
$538
Median Rent
$148,200
Median Home Value
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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 - A ground-floor wine bar shares the property with an upper-level duplex reached through a private Water Street entrance.
Where is this mixed-use property located?
The property is located at 73 Water Street Eastport, ME.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: 5,000 square feet of combined residential and commercial space; B1 zoning in downtown Eastport; Current ground‑floor tenant: Phoenix Fine Wines
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