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24 Water Street, Lubec, ME 04652

$578,000
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Active
SQUARE FEET1,236 MLS#1669681
STATUSActive PROPERTY TYPECommercial - Business

Property Description

Located in the heart of downtown Lubec- where the sun rises first - this mixed-use property offers exceptional flexibility for commercial, residential, or investment use. Locally recognized as the former A.W. Kelley Drugs & Medicines, the building was originally constructed in the mid-1800s by Jeremiah Fowler and has served as a restaurant, attorney's office, gift shop, tour company, and more.The vacant first floor features a 388+/- sq. ft. storefront or office with large windows overlooking Water Street, an open layout, original tin ceilings, a kitchenette, full bathroom, basement access, and a spacious covered rear deck. Ideal for retail, office, gallery, studio, or other business ventures.A private entrance leads to the second-floor two-bedroom, one-bath apartment featuring hardwood floors, original tin ceilings, and stunning water views from nearly every room. The living room opens onto a 278+/- sq. ft. deck overlooking the Lubec Channel/Narrows with views of Mulholland Lighthouse, Campobello Island, and the Franklin Delano Roosevelt Memorial Bridge. Watch fishing boats, seabirds, wildlife, and the ever-changing tides from one of Lubec's most scenic settings.Live upstairs while operating a business below, generate rental income, convert the first floor to additional living space, or transform the property into a single-family home. Just steps from restaurants, shops, the library, grocery store, waterfront, seasonal farmers market, and public boat landing. Nearby Cobscook Shores preserves, Mowry Beach, public beaches, kayaking, hiking trails, and West Quoddy Head Lighthouse offer endless opportunities to enjoy Downeast Maine.Blending historic character, recent complete restoration, beautiful Lubec Channel views, and a prime downtown location, this property offers endless possibilities.Virtual 360 Tour Available by Request

24 Water Street | MLS# 1669681

This commercial property located at 24 Water Street, Lubec, ME 04652 is currently listed for sale with an asking price of $578,000. Search Lubec real estate on www.masiellogrouprealestate.com today.

Property Features

Property Type: Commercial - Business
Basement: Yes
Basement: Walk-Out Access, Full, Unfinished
Heating: Oil, Forced Air
Lot Size: 0.02 Acres
Roof Type: Shingle
Taxes: $2,438
Year Built: 1850

Feature Descriptions

Electric: Circuit Breakers
Equipment: Internet Access Available
Exterior: Wood Frame, Clapboard, Shingle Siding, Wood Siding
Flooring: Wood
Lot: Downtown, Water View
Parking: None
Sewer: Public Sewer
Water: Public

Listed By / Shown By

Listed By

Agency Name: Bold Coast Properties
Agent Name: Shayna Smart
Agency Phone: 207-497-5725

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