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Property profile & analytics

32 Water St Lubec, ME 04652

  • Retail space
  • 5,000 SF
  • 0.20 lot acres
OFF-MARKET
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US42-0892281
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

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

based on Realmo’s proprietary methodology
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  • CAP approach

  • Comparable approach

  • Alternative Use

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Location Insight

  • Map
  • Local Demand
City
Lubec
County
Washington
State
Maine
Longitude
-66.983497673841
Latitude
44.861204464974
More about this property
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