82 Water St Eastport, ME 04631
- Mixed-use properties
- 2,200 SF
- 0.04 lot acres
Current Use by Public Records
- Breakwater Bagels and More / Coffee Shop
- Flowers By Paula / Florist
Property Details for 82 Water St
- Year built
- 1900
- Lot size
- 0.04 lot acres
- Property size
- 2,200 SF
- Property type
- Mixed-use properties
Description
This exceptional mixed-use property at 82 Water Street in Eastport, Maine, presents a unique investment opportunity. The 2,200 square foot building boasts a thriving ground floor cafe, complete with a fully equipped commercial kitchen and a comfortable seating area offering breathtaking Passamaquoddy Bay views. All inventory is included in the sale, providing a truly turnkey operation ready for immediate use. The previous tenant, Breakwater Bagels, enjoyed a successful run, demonstrating the location's high potential for various food service concepts. The prime Water Street location ensures high foot traffic, further enhanced by the influx of cruise ship tourists during the peak summer and fall seasons. Eastport's business-friendly environment and supportive community create an ideal setting for new ventures. Upstairs, a separate entrance leads to a recently renovated, fully furnished apartment, also featuring stunning bay views. This apartment has a proven rental history, offering additional income potential. Both the commercial space and the apartment are equipped with new wiring and a whole-building generator, ensuring reliable operation year-round. The property sits on a 0.04-acre lot, providing ample space for outdoor seating or other potential uses. Priced at $430,000, this property offers a rare blend of commercial and residential income streams in a picturesque coastal setting.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Eastport
- County
- Washington
- State
- Maine
- Longitude
- -66.9849
- Latitude
- 44.90532
