32 Water Street, Lubec, ME 04652 - Photo 1

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$775,000 -$74,000 (-8.72%) Price Reduced

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Active
Commercial

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Property Description

Completely renovated with a keen attention to detail and aesthetic, this unique property features exposed beams, completely modernized kitchens and bathrooms, and a cozy open concept to foster your creativity and comfort. With street-level commercial space, and ocean-side living quarters, 32 Water Street is a blank slate waiting for your vision. Currently, the West Quoddy Head Lighthouse Station Keepers Association occupies part of the space on the first floor. You and your guests or customers will enjoy the expansive outdoor deck space, with stunning views of Lubec Narrows, Campobello Island, and Mulholand Lighthouse. This is a place you will not want to leave! Lubec is a charming and vibrant coastal community, known for its historical sites, art galleries, and dining options. With the working waterfront and unparalleled natural beauty, there is so much potential here for your business and/or vacation rental vision. Or, make this one-of-a-kind property your home and discover why Maine is truly the way life should be!

Full Property Details

Full Property Details for 32 Water St

General

Price: $775,000
Taxes: $5,719 (2024)
Status: Active
Type: Commercial
Source: MREIS
MLS ID: 1625288
Updated: 4/18/2026
Added to Site: 79 day(s) ago

Business

Business Type: Commercial, Retail, Other

Parking

Parking Features: 11 - 20 Spaces, Paved

Location

County: Washington

Structural Information

Building Size: 5000
Square Feet: 5,000
Living Area: 5,000 Sq. Ft.

Lot Features

Lot Size (Acres): 0.2
Lot Size (Sq. Ft.): 8,712
Lot Description: Waterfront, Water View, Downtown

Financial Considerations

Tax Amount: $5,719
Tax Year: 2024

Disclosures and Reports

Lot Number: 17

Buyer's Brokerage Compensation: Contact Listing Agent

Not binding unless confirmed by separate agreement among applicable parties.

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— 32 Water St —

The Platinum Standard Team

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(207) 608-5927 mobile

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Schools

Schools serving 32 Water 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 32 Water St Get Price Alerts and Save Property

Date

Details

Price

Change

Source

4/18/2026

Price Reduced

$775,000

-8.72%

MLS

2/02/2026

Price Increased

$849,000

2.91%

MLS

8/04/2025

Price Reduced

$825,000

-8.84%

MLS

6/04/2025

Listed

$905,000

90400%

MLS

8/15/2023

Sold

$1,000

—

Public Record

Get Price Alerts and Save Property

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 32 Water St

Year

Property Taxes

Change

Tax Assessment

Change

2024

$5,719

23%

$301,000

—

2023

$4,636

14%

$301,016

79%

2022

$4,069

7%

$168,054

—

2021

$3,815

—

$168,054

—

2020

$3,820

-2%

$168,054

—

2019

$3,882

1%

$168,054

—

2018

$3,847

-4%

$168,054

—

2017

$4,008

3%

$168,054

—

2016

$3,882

11%

$168,054

—

2014

$3,489

6%

$168,054

—

2013

$3,277

—

$168,054

—

View All

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 32 Water St

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Total Bath
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Closed

2
Units
0.06
Acres

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Single Family
Closed

5
Beds
6
Total Baths
3,591
Sq. Ft.

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Sold by Greg Gordon Real Estate

32 Water Street, Lubec, ME 04652 (MLS# 1625288) is a Commercial property. 32 Water Street is currently listed for $775,000 and was received on February 02, 2026. This property is listed by The Platinum Standard Team from our Kennebunk Office.Want to learn more about 32 Water 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.

32 Water St Lubec, ME 04652