32 Water St Lubec, ME 04652
- Retail space
- 5,000 SF
- 0.20 lot acres
Current Use by Public Records
- Retail space
Property Details for 32 Water St
- Lot size
- 0.20 lot acres
- Property size
- 5,000 SF
- Property type
- Retail space
- Property subtype
- Storefront properties
Description
This exceptional mixed-use property in Lubec, Maine, offers 5,000 square feet of commercial space and 1,500 square feet of living quarters, all situated on a 0.2-acre lot at 32 Water St, 04652. The building, renovated between 2020 and 2024, features a new cedar shake exterior, metal roof, and windows. The interior boasts a fully reclaimed design, including new insulation, drywall, electrical, plumbing, and heating systems. The commercial space, approximately 3,500 square feet, comprises three large rooms and two half bathrooms on the ground floor, showcasing immaculate hardwood floors and striking tin ceilings. A remarkable 2,500 square foot wrap-around ocean deck provides breathtaking views of the Lubec Narrows, Franklin D. Roosevelt Bridge, and Mulholland Point Lighthouse. Upstairs, the 1,500 square foot living quarters include two bedrooms and two bathrooms, finished to a high standard. The chef's kitchen features a large gas range, vented hood, and a 60 square foot butcher block island, complemented by original beams and vaulted ceilings, and a private deck. The property is zoned for commercial and shoreland use. Asking price is $995,000 ($199 per square foot). This unique opportunity combines prime commercial space with luxurious living, offering unparalleled views and potential in the charming coastal town of Lubec.
Value Estimations
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Lubec
- County
- Washington
- State
- Maine
- Longitude
- -66.983497673841
- Latitude
- 44.861204464974