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37 Water Street, Lubec, ME 04652
$699,900
37 Water Street, Lubec, ME 04652View this property at 37 Water Street, Lubec, ME 04652
37 Water StreetLubecME04652
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Property Description
Smell the salty air when you step outside into the heart of Maine's best-kept secret-Lubec, USA and into a dream deal. This gem is all ready for new owners- the full package in one location! A well-maintained second-floor apartment in a handsome building that is home to a five-year-old, well-established first-floor turnkey business called Narrow Escape featuring an espresso bar, edibles, and carefully curated artisanal gifts. The first thing you notice when you walk through the front door at the street level is the height of the grand tin ceilings. The first floor offers commercial space - a large (30' x 20') retail space, a half bath for customers, a half bath for staff, and a licensed commercial kitchen and an on-premise wine license. There is a first-floor storage area, an office, and the basement offers an extra dry storage area for goods. The downtown second-floor apartment features over 1000' of space with three bedrooms, a fourth partially finished room that could become a master ensuite. There is a full bath, a living room, a kitchen, and ample storage. There are water views across the street overlooking the Lubec Narrows, historic McCurdy's Smokehouse, and views of Campobello Island, Canada, from both the first and second floors. This building is located on Water Street in downtown Lubec. Retail neighbors include a hardware store on one side, a brewery on the other, easy street parking, parking lots a block away in either direction and an easily accessible public boat launch just a few doors down. Lubec is the gateway to the Maritimes, New Brunswick, Canada. The whole area offers many kayak launches and coastal hiking trails to explore and it is the first place in America to see the sun rise.
Full Property Details
Full Property Details for 37 Water St
General
- Price: $699,900
- Taxes: $2,287 (2022)
- Status: Active
- Type: Retail
- MLS ID: 1576142
- Updated: 5/12/2024
- Added to Site: 56 day(s) ago
Business
- Business Type: Commercial, Freestanding Building, Office Building, R
Interior
- Interior Features: Storage
- Flooring: Wood, Vinyl, Tile
Additional Information
- Equipment: Internet Access Available, Cable
Parking
- Parking Features: None, Paved, Off Street, On Street, Electric Vehicle Charging Station(s)
Location
- County: Washington
Heating & Cooling
- Cooling Type: None
- Heating Type: Direct Vent Heater, Baseboard
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Vertical Siding, Shingle Siding, Composition, Brick Veneer, Wood Frame
- Roof: Shingle
- Building Size: 2200
- Square Feet: 2,200
- Living Area: 2,200 Sq. Ft.
Lot Features
- Lot Size (Acres): 0.04
- Lot Size (Sq. Ft.): 1,742.4
- Zoning: mixed use
- Lot Description: Water View, Downtown, Deep Water Access, Business District, Historic District, Rural
Water Features
- Water Front Desc.: Bay, Ocean
Financial Considerations
- Tax Amount: $2,287
- Tax Year: 2022
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.4%
- Lot Number: 61
Listed by Realty of Maine (207) 667-2300
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Schools
Schools serving 37 Water St
School District:Rsu 85/Msad 19
Rating | Name | Grades | Distance |
---|---|---|---|
44 South St, Lubec, ME 04652 | PK-8 | 0.5 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 37 Water St
Date
Details
Price
Change
Source
5/12/2024
Price Reduced
$699,900
-2.66%
MLS
4/11/2024
Price Increased
$719,000
45.28%
MLS
10/29/2023
Listed
$494,900
—
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 37 Water St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$2,976
30%
$193,274
105%
2022
$2,287
7%
$94,469
—
2021
$2,144
—
$94,469
—
2020
$2,147
-2%
$94,469
—
2019
$2,182
1%
$94,469
—
2018
$2,162
-4%
$94,469
—
2017
$2,253
3%
$94,469
—
2016
$2,182
11%
$94,469
—
2014
$1,961
6%
$94,469
—
2013
$1,842
—
$94,469
—
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 37 Water St
37 Water Street, Lubec, ME 04652 (MLS# 1576142) is a Retail property. 37 Water Street is currently listed for $699,900 and was received on April 11, 2024. Want to learn more about 37 Water Street? Do you have questions about finding other Retail real estate for sale in Lubec? You can browse all Lubec real estate or contact a Coldwell Banker agent to request more information.