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Property profile

49 Water St Wiscasset, ME 04578

Commercial real estate
Property ID
US42-0406886
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6,248 SF 0.06 ac lot Built 1797
49 Water St, Wiscasset, ME 04578 For Sale
Contact for pricing 6,248 SF
49 Water St, Wiscasset, ME 04578
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Property summary

AI-generated overview

This iconic Wiscasset, Maine property offers a unique investment opportunity. Located on Water Street, this 6,248 square foot building sits on a 0.06-acre lot and boasts three established commercial spaces currently occupied by long-term tenants, ideal for retail, office, or creative uses. High visibility on this main street location ensures strong foot traffic, particularly during peak tourist season. A charming residential unit provides additional income potential or owner-occupancy convenience. The building, a family-owned landmark for over 70 years, offers significant historical character and is situated in a vibrant coastal village known for its scenic beauty, boutique shops, and proximity to coastal attractions. This property presents a rare chance to own a piece of Wiscasset's rich history and thriving commercial landscape. The property's prime location and established tenancy make it an attractive investment for both business owners and investors seeking a blend of commercial and residential income streams. The building's historical significance adds unique appeal, while its versatile spaces cater to a variety of business needs. This is an exceptional opportunity to acquire a well-established property in a desirable coastal Maine location.

Property profile

Verified
Property type Commercial real estate
Year built 1797
Total area 6,248 SF
Lot 0.06 ac (2,614 SF)
UPID US42-0406886

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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