Multi-Family for Sale: 20 Water Street #2, Lubec, ME 04652

1 half baths
$649,000
$649,000
20 Water Street #2, Lubec, ME 04652
1 half baths
$649,000
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Price:
$649,000
$50,000 - 11/18/2024

Type Multi-Family
Style Cape
Total Baths 1 half baths
Square Feet 1,345 sqft
Lot Size 0.10 acres
Year Built 1890
Taxes Paid $1,882

City Lubec
County Washington

MLS 1598451
Status Active
DOM 116 days
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.

Room Features

Basement Description Full, Walk-Out Access, Unfinished

Lot & Building Features

Cooling Heat Pump
Tax Year 2023
Taxes Paid $1,882

Unit Features

Unit 1 of Half Baths 1
Unit 1 of Rooms 3
Unit 2 of Bedrooms 1
Unit 2 of Rooms 2

Price History of 20 Water Street #2

Date Name Price Difference
11/18/2024 Price Adjustment $649,000 7.15%
07/29/2024 Listing Price $699,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 20 Water Street, Lubec, ME

Location Map Street View
Photo of Hillary Barrett
Direct: 603-918-0761
Office
655 Wallis Road.
Rye, NH 03870
603-964-7000
Listed by Realty of Maine, Georgiana Kendall 207-667-2300
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0.28998459167951%
6.75%
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20 Water Street (MLS #1598451) is a cape multi-family listing located in Lubec, ME. This multi-family listing is 1,345 sqft and on a lot of 4,356 sqft (or 0.10 acres) and is 134 years old. This property was listed on 07/29/2024 and has been priced for sale at $649,000.

Nearby zip codes are 04631. This property neighbors other cities such as Eastport.

MREIS

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Realty of Maine

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, non-commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. ©2024 Maine Real Estate Information System, Inc. All Rights Reserved. This web site does not display complete Maine Listings. Certain Maine Listings of other real estate brokerage firms have been excluded.