52 Water St Lubec, ME 04652
This 1,140 sq ft commercial property in Lubec, ME, offers a unique blend of business and residential space. Located on a 0.02-acre lot at 52 Water Street, it enjoys breathtaking waterfront views of Lubec Narrows, the bay, and the Franklin Delano Roosevelt Memorial Bridge. Currently housing a cafГ©, the versatile layout includes indoor and outdoor seating areas ideal for a thriving business. Upstairs, a charming one-bedroom apartment with a full bath and private deck provides owner's quarters or additional rental income. The property's location in the easternmost town in the US offers unparalleled access to outdoor recreation, including nearby Cobscook Shores and West Quoddy Head State Park. This historic building, previously home to the Atlantic House, presents a rare opportunity to own a piece of Lubec's rich history and capitalize on its stunning natural beauty. The asking price is $259,000. This property is perfect for entrepreneurs seeking a unique business opportunity combined with comfortable waterfront living.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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