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$275,000 -$24,000 (-8.03%) Price Reduced
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Property Description
Located on a prominent corner lot at the intersection of School and Pleasant Street in Lubec, this circa 1896 mixed-use property offers strong commercial potential with flexible use options. Just one block from Water Street and two blocks from the Town Boat Landing, the location benefits from steady visibility and easy access to local businesses, the library, post office, restaurants, brewery, and nearby beaches. Peekaboo water views include the Lubec Channel Lighthouse, Campobello Island, and Mulholland Lighthouse. The first floor is currently configured as two studio-style commercial spaces with a half bath, previously used as a dance studio and art gallery. With excellent street presence, this level is ideal for retail, office, gallery, or service-based businesses, with the option to convert to residential or rental use. The second and third floors function as a two-story apartment. The second floor includes a kitchen, living room (or potential additional bedroom), one bedroom, and a full bath. The third floor offers a large sleeping area with its own full bath and storage. This layout supports a live/work setup or multiple income streams. Set on a generously sized corner lot, the property includes a substantial exterior area currently used for parking, with potential for a yard, expansion, or further development. Lubec, the easternmost town in the United States, is known for its coastal scenery, working waterfront, and steady seasonal traffic. This property presents a unique opportunity for business owners, investors, or those seeking a flexible live/work property in a prime in-town location.
Full Property Details
Full Property Details for 16 School St
General
- Price: $275,000
- Taxes: $3,177 (2025)
- Status: Active
- Type: Commercial
- Source: MREIS
- MLS ID: 1657830
- Updated: 6/25/2026
- Added to Site: 72 day(s) ago
Business
- Business Type: Freestanding Building, Office Building, Retail, Speci
Interior
- Flooring: Vinyl, Wood
Parking
- Parking Features: 5 - 10 Spaces
Location
- County: Washington
Heating & Cooling
- Cooling Type: None
- Heating Type: Oil, Forced Air
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Wood Frame, Clapboard, Wood Siding
- Basement: Yes
- Basement Desc.: Walk-Out Access, Unfinished, Brick/Mortar
- Roof: Composition, Shingle
- Stories/Levels: 3
- Square Feet: 2,229
- Year Built: 1896
Lot Features
- Lot Size (Acres): 0.15
- Lot Size (Sq. Ft.): 6,534
- Land Lease Avail: Yes
- Zoning: NA
- Lot Description: Downtown
Financial Considerations
- Tax Amount: $3,177
- Tax Year: 2025
Disclosures and Reports
- Lot Number: 169
Listed by Bold Coast Properties (207) 497-5725
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Schools
Schools serving 16 School St
School District:School Administrative District 19
| Name | Grades | Distance |
|---|---|---|
Lubec Consolidated School 44 South Street, Lubec, ME 04652 | PK-8 | 0.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 16 School St
Date
Details
Price
Change
Source
6/25/2026
Price Reduced
$275,000
-8.03%
MLS
4/15/2026
Listed
$299,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 16 School St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,177
31%
$157,300
—
2023
$2,422
25%
$157,250
97%
2022
$1,934
7%
$79,877
—
2021
$1,813
—
$79,877
—
2020
$1,816
-2%
$79,877
—
2019
$1,845
1%
$79,877
—
2018
$1,828
-4%
$79,877
—
2017
$1,905
3%
$79,877
—
2016
$1,845
11%
$79,877
—
2014
$1,658
6%
$79,877
—
2013
$1,558
—
$79,877
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 16 School St
16 School Street, Lubec, ME 04652 (MLS# 1657830) is a Commercial property. 16 School Street is currently listed for $275,000 and was received on April 15, 2026. Want to learn more about 16 School Street? Do you have questions about finding other Commercial real estate for sale in Lubec? You can browse all Lubec real estate or contact a Coldwell Banker agent to request more information.

