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Waterfront Mixed-Use Building
New
For Sale
$1,100,000

73 Water Street, Eastport, ME 04631

Commercial Sale, Eastport, ME

Property Size5,000 SF
Lot Size0.03 Acres
Price / SF$220
Days on Market3

Property Features for 73 Water Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning B1
Parking features On Street
Interior features Storage
Basement Full, Crawl Space, Walk-Out Access
Lot features Water View, Downtown, Business District, Historic District, Near Shopping
Standard status Active
Size 5,000 SF
Lot size 0.03 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 6012

Utilities

Sewer type Public Sewer
Heating system Hot Water(Heating), Other (Heating), Oil, Baseboard, Heat Pump (Heating), Electric (Heating)
Cooling system Heat Pump
Water source Public

Amenities

decks
jacuzzi
cedar closet

Building Details

Year built 1887
Flooring type Vinyl, Tile, Hardwood
Building materials Masonry, Wood Frame, Brick
Roof type Membrane, Shingle
Additional Structures Storage
Listing Agency: The Christopher Group, LLC
Listed By: Samra Kuseybi
Added: Oct 18 Changed: Oct 19 Last Checked: Oct 20 at 8:06AM
MLS# 1684739

Copyright © 2026 Maine Listings. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This 5,000-square-foot masonry and wood-frame building, constructed in 1887, occupies a 0.03-acre site between Water Street and Eastport’s Sea Walk. Its commercial space includes a wine bar rebuilt in 2021, with bay-facing picture windows, half baths on each floor and decks for outdoor dining. A private Water Street entrance leads to the owner’s duplex, which has two bedrooms, two full baths and more than 2,400 square feet of living space. The residence also includes two decks, exposed brick and hardwood floors.

The property sits along Passamaquoddy Bay in Eastport’s historic downtown. Recent work includes rebuilt decks and water-frontage structure, new dormers, doors and windows, and building elevation and carrying-beam replacement in 2021. Other upgrades include spray-foam insulation in 2023, interior repointing in 2023 and backup batteries installed in 2025. The roof and Buderus oil burner date to 2017. Zoning is B1.

Key Highlights

  • 5,000 square feet of mixed‑use space on a 0.03‑acre site
  • Wine bar rebuilt in 2021 with bay‑facing windows and decks for outdoor dining
  • Private duplex includes 2 bedrooms, 2 full baths and more than 2,400 square feet

Property Analytics

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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

1
Residential units
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
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 - B1-zoned property combines a wine bar with a private two-bedroom duplex overlooking Passamaquoddy Bay.
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 mixed‑use space on a 0.03‑acre site; Wine bar rebuilt in 2021 with bay‑facing windows and decks for outdoor dining; Private duplex includes 2 bedrooms, 2 full baths and more than 2,400 square feet
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