Price Reduced 7.15%


Price History

$699,000
7/29/2024

$649,000
11/18/2024


20 Water Street, #2, Lubec, ME, 04652

20 Water Street, #2, Lubec, ME, 04652

1 Half baths

1890

Cape

1,345 sqft

Live and work in downtown Lubec, the easternmost point in the US and gateway to New Brunswick, a Maritime Province of Canada. Rent out both units in this solid Cape, a multi-unit including a residential project on the 2nd floor and a commercial space on the first floor with a handicap accessible ramp and ½ bath for a restaurant or a retail shop. The deck overlooks the Lubec Channel and Campobello Island. This delightful cape in the heart of Lubec offers sweeping views of the Lubec Channel without waterfront taxes. The second floor is a blank canvas ready to be remodeled into an efficient loft apartment. The first-floor currently offers a retail shop with a commercially licensed kitchen, a workshop area with the-best-view-ever and a lovely retail space with a large handicap accessible bathroom and exterior access ramp. The property has an enormous wraparound deck overlooking downtown Lubec and the Lubec Channel with sweeping views of Campobello Island and the international bridge to New Brunswick, Canada. The property retains its' commercial kitchen license and conveys with commercial kitchen equipment and wonderful treasures for downtown shoppers. There is ample parking at the side and rear of the building. The property below is owned by the New England Aquarium where you can watch the whale research vessels launch. There is a public boat launch just a few steps from your front door and many oceanfront trails and kayak launches within 15 minutes of this location on both sides of the border.


Status:

Active

Type:

Multi-family

Units:

2

Zoning:

Mixed Use

Frontage:

74

Heating:

Heat Pump

Cooling:

Heat Pump

Energy Features:

High Efficiency Water Heater, Energy Star Appliances

Basement:

Walk-Out Access, Full, Unfinished

Levels:

2

Parking:

1 - 4 Spaces, Gravel, Other, Off Street, On Street

Acreage:

0.1

Est. Taxes:

$1,882

Construction

Shingle Siding, Wood Frame

Utilities

Utilities On

Lot Description:

Corner Lot, Level, Open Lot, Intown, Near Golf Course, Near Public Beach, Rural

View Description:

Scenic

Amenities:

Storage

Pet Policy:

No Restrictions

MLS #:

1598451


Community Info

School Info

Walk Score

Mass Transit

Yelp



Listing courtesy of Realty of Maine